2-bedroom flat · CM1 1SW
No longer listedReduced £50 (−3.6%) on 15 OctListed 47 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Martin & Co are delighted to offer this well-presented two-bedroom apartment at Lyttleton House, ideally situated within easy reach of the town centre and railway station.
Available unfurnished, the property offers bright, modern accommodation finished in neutral décor throughout, making it the perfect blank canvas for tenants to make their own.
The heart of the apartment is the spacious open-plan kitchen and living area, providing a welcoming and versatile space for relaxing, dining and entertaining.
The contemporary kitchen is fitted with a range of integrated appliances, offering a practical and stylish space for everyday living.
The property benefits from two well-proportioned bedrooms, offering comfortable and versatile accommodation.
The bathroom is well appointed and features a bath with shower over, providing the convenience of both bathing and showering facilities.
Externally, a real advantage of this apartment is the allocated gated parking, providing residents with a secure and convenient parking space.
Lyttleton House is conveniently positioned for access to the town centre and station, making the property particularly appealing to commuters and those who enjoy having local amenities within easy reach.
With its combination of a convenient location, modern open-plan living, neutral presentation and gated allocated parking, this attractive apartment is sure to generate plenty of interest.
Early viewing is highly recommended to appreciate the accommodation and location on offer.
ENTRANCE HALL 13' 3" x 3' 0" (4.04m x 0.91m) KITCHEN/LIVING ROOM 20' 1" x 16' 6" (6.12m x 5.03m) BEDROOM 1 12' 7" x 11' 7" (3.84m x 3.53m) BEDROOM 2 9' 9" x 8' 9" (2.97m x 2.67m) BATHROOM 7' 8" x 5' 7" (2.34m x 1.7m) A holding deposit equivalent to 1 weeks rent will be required to reserve the property, while referencing checks are being carried out.
With the tenants' consent, this holding deposit will be refunded against the first months' rent.
The holding deposit can be retained if the applicant provides false or misleading information, fails Right to Rent checks, withdraws from the property or fails to take reasonable steps to enter into the tenancy.
In accordance with the Tenant Fees Act, applicants will be required to enter into the tenancy agreement no more than 15 days after paying the holding deposit.
Failure to do so for any of the aforementioned reasons, may result in you losing your holding deposit. An extension to the deadline may be entered into, if agreed by all parties.
Right to Rent Checks By Law, Right To Rent checks must be carried out and as such, applicants will be required to provide original proof of ID (Passport and Residents Permits) and current address ID in accordance with Home Office guidelines.
Acceptable forms of address ID are as follows: - Driving license - Recent utility bill (within the last 3 months, we cannot accept mobile phone bills) - Council Tax bill - Letter from employer or GP (specifically stating & confirming your current address, on headed paper) - Mortgage statement - Tenancy agreement signed and dated within the last 6 months Please note that we cannot accept bank statements All potential tenants over the age of 18, will be subject to a credit check, carried out by a 3rd party to check for CCJ's, IVA's & Bankruptcy.
Applicants will need to provide proof of an income of at least 2.5 times the annual rent.
Additional checks include an employment check, affordability checks, previous Landlord reference and proof of address history, usually up to 3 years.
Local Housing Allowance applicants will require a working guarantor and be able to prove an income of 3 x the annual rent.
You may be required to provide Bank statements (to assess income), pay slips, benefits award letters, pension statements, WFTC award letter.
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
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FAQ
About Broomfield Road, Chelmsford
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