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See how verdicts work2-bedroom flat · CM2 6FS
For saleReduced £10k (−3.4%) on 2 OctListed 88 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** guide price £290,000 - £300,000 ** Stunning top floor waterfront apartment in the heart of Chelmsford.
Located in the sought-after Wharf Road development, this beautifully presented top floor apartment offers a rare opportunity to enjoy waterside living just moments from Chelmsford’s vibrant city centre.
With its unique waterfront aspect, this modern two bedroom home combines style, space, and convenience, perfect for professionals, downsizers, or investors.
Step inside to a generous entrance hall that sets the tone for the rest of the property, leading to a spacious open plan lounge / dining / kitchen area designed for both relaxing and entertaining.
Natural light pours in through large windows, offering picturesque views over the water.
The main bedroom benefits from a sleek en-suite shower room, while a second double bedroom is serviced by a contemporary main bathroom, making this an ideal layout for sharers or guests.
Positioned just a short walk from Chelmsford railway station, with direct trains to London Liverpool Street in around 35 minutes, this apartment is ideal for commuters.
You are also within easy reach of the city’s shops, restaurants, cafes, and Riverside retail park, blending the calm of waterside living with the buzz of urban life.
Additional features include secure entry and allocated parking.
Entrance Hall (15' 5" x 6' 7") Kitchen / Diner / Lounge (20' 6" x 12' 9") Balcony (13' 5" x 5' 1") Bedroom One (11' 2" x 11' 2") En-Suite (7' 1" x 5' 2") Bedroom Two (11' 7" x 11' 2") Bathroom (6' 6" x 6' 5")
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
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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 153, Wharf Road, Essex
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