Land · CM3 6EQ
To rentListed 39 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A self-contained yard of approximately 1,700 sq ft is available to let in Chelmsford, offering secure open storage within the Mayflower site.
The compound benefits from a gravel surface throughout, providing a firm and durable base suitable for the storage of vehicles, plant, materials or equipment.
The yard falls within Use Class B8, making it suitable for storage and distribution purposes, and represents a practical solution for occupiers requiring outdoor space without the associated cost of covered accommodation.
Security is a notable feature of the site, with the yard fully enclosed by tall timber fencing and accessed via a substantial double gate mounted on a steel frame.
This arrangement allows the yard to be closed off and secured outside of operating hours, giving occupiers confidence in the protection of stored goods, vehicles or materials left on site.
The enclosed nature of the compound also offers a degree of privacy from the surrounding area, which may suit businesses handling sensitive or high-value stock.
The yard is presented in sound, functional condition, with the gravel surface and fencing well maintained.
The open layout of the compound allows for flexible use of the site, whether for the parking of commercial vehicles, the storage of materials, or as ancillary space to support a wider operation based nearby.
The absence of designated parking spaces within the demise reflects the yard's primary function as a storage compound rather than a vehicle parking facility, though the site has clearly been used to accommodate vehicles as part of its operation to date.
Positioned within the Mayflower site in Chelmsford, the yard offers occupiers a straightforward and cost-effective storage solution in a well-established commercial location.
The property is offered on flexible terms at a rent of £750 per calendar month, making it an attractive option for businesses seeking additional secure outdoor storage space to support their operations in the Chelmsford area.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 Yard 11, The Mayflower
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