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See how verdicts work2-bedroom flat · CM2 0DA
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity for first time buyers and buy-to-let investors alike, to purchase a well priced modern two-bedroom apartment situated in the heart of the City with a strong investment potential.
The block is approached through a security entrance phone system for residents with a lift and stairs to all floors.
Inside, there is an entrance hall, open-plan kitchen/living space with balcony, two bedrooms, an en-suite shower room and a separate bathroom.
Outside, there is the use of secure gated permit parking space at the cost of £150 per annum.
For investors, a suggested rental income of £1,400 pcm (£16,800 annually) has been suggested returning a potential gross rental yield of 8% making this an appealing addition to any property portfolio.
Excellently positioned in the heart of the City centre within a short walk of the High Street and railway station.
This apartment is perfectly positioned for commuters and those looking to enjoy everything the city has to offer.
A fantastic selection of shops, restaurants, cafés, bars and leisure facilities are all within easy walking distance, making this a superb home for those seeking both convenience and lifestyle.
Combining a sought after city centre location with river walks on your door-step and excellent road links to the A12 & A130 this is a fantastic opportunity to secure a well priced modern apartment.
Tenure: Leasehold Lease: The property was built with a 125 year lease commencing 01/01/2004.
There are 103 years remaining Service Charge: The annual service charge is £3,279.80, payable in two instalments every six months.
The service charge for the period 1 July 2026 to 31 December 2026 is £1,639.90.
Parking space: The property comes with the use of a permit parking space situated behind electric gate at the cost of £150 per annum. Ground Rent: £250 per annum.
Band D is the council tax band for this property with an annual amount of £2,256.84. As an integral part of the community, we’ve gotten to know the best professionals for the job.
If we recommend one to you, it will be in good faith that they’ll make the process as smooth as can be.
Please be aware that a small number of the parties we recommend (certainly not the majority) may on occasion pay us a referral fee up to £200.
You are under no obligation to use a third party we have recommended.
Should you successfully have an offer accepted on a property of ours and proceed to purchase it there is an administration charge of £36 inc.
VAT per person (non-refundable) to complete our Anti Money Laundering Identity checks. Ground floor Communal hall With lifts and stairs to all floors.
First floor Entrance hall Living area 3.48m x 3.63m Balcony Kitchen 2.84m x 3.33m Bedroom 1 2.54m x 3.48m En suite shower room Bedroom 2 2.41m x 3.25m Bathroom Outside Allocated permit parking space The proprerty comes with the use of an allocated permit parking space at a cost of £150 per annum, payable to the block management compnay.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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

FAQ
About Baddow Road, Chelmsford
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