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See how verdicts work1-bedroom flat · CM2 6QU
For saleListed 30 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern and well-presented one bedroom, second floor apartment, conveniently located for Chelmsford city centre.
The property features a spacious open-plan living/kitchen area, one bedroom, bathroom and balcony.
Ideally situated within easy reach of Chelmsford city centre, mainline station, local amenities and green spaces. There is also an allocated parking space.
Offering an appealing combination of affordability and investment potential, this property is ideally suited to first-time buyers and investors seeking attractive rental returns.
The property is located on the second floor and benefits from lift access. The spacious entrance hall has a large utility cupboard.
The living room is a lovely open plan space full of natural light and boasting a balcony which offers fantastic views along the canalside.
The kitchen has a range of base and eye level units, stainless steel sink with drainer, electric oven and hob, slimline dishwasher and fridge/freezer.
The stylish bathroom comprises panelled bath with shower over and fitted screen, low level WC, wash hand basin and chrome heated towel rail.
The bedroom is a spacious double with ample space for storage and benefits from a balcony with views towards the canal.
Outside Located within a secure gated area is the allocated parking space that comes with this apartment.
Location Conveniently located close to Chelmsford city centre, this property enjoys easy access to the railway station, shopping and leisure facilities, riverside walks and excellent road links including the A12, making it ideal for commuters.
Directions SatNav - postcode CM2 6QU Important Information Council tax band C EPC rating B Services - We understand that mains water, drainage, gas and electricity are connected to the property.
Lease details - The property has 122 years remaining on the lease. The service charge is £1,000 per year.
This is for the current year and may be subject to change, all information should be checked by your solicitor.
Agent’s note Any intending viewers or purchasers are advised of the following: An EWS1 form (External Wall Survey) may be recommended for certain apartment buildings dependant on issues such as the height of the structure.
The positioning of balconies and composition of any external cladding.
Fenn Wright have not undertaken any such assessment in respect of this particular property and this note has been added to all flats being offered for sale throughout our business as appropriate general guidance.
We recommend that potential purchasers seek advice from their solicitor and an independent Chartered Surveyor before committing to a purchase.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
FAQ
About Flat 28, 212, Wharf Road, Essex
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