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See how verdicts work1-bedroom flat · CM1 1TW
For saleReduced £10k (−4.8%) on 19 SepListed 105 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Guide price £210,000 - £220,000 ** Ideal for the commuter is this well presented one bedroom ground floor apartment being located just 0.4 of a mile walking distance to Chelmsford City train station (reference google maps).
Modern throughout this apartment provides a fantastic first-time purchase or buy to let investment.
Offering stylish decor throughout, internally the property consists of an entrance hallway which offers access into the modern fitted kitchen, shower room and double bedroom.
Located at the rear of the property is the lounge / diner with patio doors giving access to the well-kept communal gardens.
Externally the property benefits from brick-built storage in the communal gardens and allocated parking to the front.
To appreciate this home to its full potential, we strongly recommend an early internal inspection. Alma Drive as mentioned is located conveniently to the city centre and local schooling.
The vibrant City centre offers the use of numerous bars, restaurants, shops and local amenities. Chelmsford station offers mainline rail links to London Liverpool Street.
Driving wise Chelmsford offers excellent road links to A12, M25 and A130.
Agents Note: The property is or irregular shape, average measurements have been taken on the rooms, please rely on own measurements taken on inspection.
Agents’ notes: The vendor has advised that there is currently a management charge being set up for £25 per month for maintenance of the grass, the vendor pays £222 per year for buildings insurance
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 9A,, Alma Drive, Essex
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