2-bedroom flat · CM1 6YJ
Listing removedListed 74 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
McCartney Lettings are delighted to offer this well-presented two-bedroom flat situated on Lupin Drive, Chelmsford.
The property comprises a bright and spacious reception room with large windows, creating a light and welcoming living environment.
The modern kitchen is fitted with a range of essential appliances, including an oven and washing machine. Both bedrooms offer good proportions with ample space for furniture and storage.
The contemporary bathroom features a bathtub with an overhead shower, wash basin and WC. The property also benefits from allocated parking, adding further convenience for residents.
Ideally located for access to local shops, amenities and transport links, with Chelmsford city centre also within easy reach. Available now.
Please read the below details before enquiring - ** All enquiries to be requested via email only ** Letting information: The rent is exclusive of utility bills and council tax.
Holding Deposit = £276.92= 1 weeks rent Deposit = £1384.00 = 5 weeks rent Council Tax – Band B – £1,750.14 is the annual Council Tax bill for a property in this band.
This amount does not include any discounts or exemptions.
EPC Rating - C Annual Income Required (Single or Joint Household Income - £36,000 per annum.) Accepted Forms of income - Salary and/or Pension Some pets may not be allowed Non-Smokers Only.
No Adverse Credit History No Sharers
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 19, Lupin Drive, Chelmsford
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