1-bedroom flat · CM1 1QN
For saleReduced £2.5k (−4.2%) on 11 SepListed 101 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Being Sold with 25% shared ownership ** This Immaculately presented one bedroom first floor apartment being located just 0.2 of a mile walking distance to Chelmsford City train station (reference google maps), ideal for the commuter and providing an excellent opportunity for a buyer to get on the property ladder.
The apartment itself boasts of contemporary living space and internally the property consists of an welcoming entrance hallway with two built in cupboards, high-quality modern bathroom, double bedroom with built in wardrobes and spacious open-plan reception room leading through to the stylish fitted kitchen with built in appliances.
Externally the property has its own private balcony area which can be accessed from the lounge and bedroom offering a great place to unwind.
The property further benefits from an allocated underground parking space, double glazing and ample storage throughout.
To appreciate this home to its full potential, we strongly recommend an early internal inspection. Newcombe Court offers a concierge service, 24 hours security service and on-site shop.
This home is also positioned within proximity of the vibrant Chelmsford City centre offering the use of numerous bars, restaurants, shops and local amenities.
Chelmsford station is also within proximity providing National Rail services into Central London, including London Liverpool Street in approximately thirty-five minutes.
Driving wise the property also offers excellent road links to A12, M25 and A130.
Agents Note: We have been advised that the monthly rent on the remaining share is £544.13 Per month, there is also an opportunity to purchase a further share of the property.
(please call agent to discuss in full detail) Agents Note: ‘Heating to the property is served by electric, please contact the branch or more details.
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 9 Newcombe Court,, Burgess Springs, Essex
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