1-bedroom flat · CM2 0EN
For saleListed 32 days
Opportunity summary
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About
** guide price of £250,000 - £260,000 ** Please check out the video Situated in the sought after development of Goldlay Gardens, just 0.7 miles from Chelmsford Train Station.
This attractive apartment is offered in good condition throughout and provides well-proportioned accommodation, making it an ideal choice for first-time buyers, investors or commuters.
The property benefits from a comfortable living space, a well-appointed bedroom and ample storage, providing excellent practicality for modern living.
Further benefits include an allocated parking space and private outside space, offering a welcome area to relax or entertain.
The apartment also features underfloor heating, providing a comfortable and efficient heating solution throughout.
Perfectly positioned for commuters, the apartment is situated just 0.7 miles from Chelmsford Train Station, providing easy access to the city centre and rail connections towards London, while also offering convenient access to Chelmsford city centre and its wide range of shops, restaurants and amenities.
* Sold via a Balgores secure agreement * lease remaining: 242 years remaining.
Service charge: £1,500 per annum ground rent: £200 per annum council tax band: C Entrance Via Communal entrance door to: Communal Hall Own entrance door to: Entrance Hall 13'1 x 6'1.
Wood effect flooring, smooth ceiling, doors to accommodation. Utility Area 7' x 5'10. Wood effect flooring, smooth ceiling with inset spotlights. Bedroom 15'3 max. X 11'4.
Double glazed window to rear, fitted wardrobes, built-in storage cupboard, smooth ceiling. Living/Dining Room 14'5 x 12'2 max.
Double glazed windows to rear, double glazed door to rear leading to patio area, wood effect flooring, smooth ceiling, open plan to: Kitchen 10'6 x 9'2.
Range of base level units and drawers with work surfaces over with matching upstands, inset sink drainer unit with mixer tap, integrated Zanussi eye level oven, inset electric hob with stainless steel extractor hood over and glass splash back, integrated fridge/freezer, range of matching eye level cupboards, wood effect flooring, smooth ceiling with inset spotlights.
Bathroom/wc 7'1 x 7'. Suite comprising: Panelled bath with glazed shower screen, mixer tap and wall mounted shower, pedestal wash hand basin, integrated wc with push flush.
Tiled flooring, part complementary tiling to walls, smooth ceiling with inset spotlights. Exterior Neatly tended communal gardens. Residents parking.
Buyers Information Pack Please see below the link to access the Buyers Information Pack/ta forms: Aaabe0e97d
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 33, Goldlay Gardens, Essex
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