We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · CM1 1RY
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Guide Price £130,000 - £150,000** Situated on Broomfield Road in Chelmsford, this one bedroom retirement apartment is positioned on the top floor of a purpose built development, with lift access to all floors.
Offered with no onward chain, the property enjoys views across the communal rear gardens and is within walking distance of Chelmsford city centre and the train station, making it convenient for local amenities and transport links.
The apartment opens into an entrance hall with a useful storage cupboard, loft access and an emergency call point.
The living room provides a welcoming space to relax, featuring a rear facing double glazed window overlooking the communal gardens, an electric fireplace and a storage heater.
The separate kitchen is fitted with a range of wall and base units, work surfaces, an integrated fridge, electric oven and hob.
The double bedroom also overlooks the rear gardens and includes a built in wardrobe with mirrored folding doors.
Completing the accommodation is a wet room fitted with a double width shower enclosure, wash basin, WC, heated towel rail and extractor fan.
Residents benefit from access to a communal lounge, laundry room and communal gardens, alongside residents' parking available on a first come, first served basis.
A guest suite is also available to book for visiting friends and family. The development has a house manager and an emergency call system, with a 24 hour care line providing additional reassurance.
The lease has approximately 107 years remaining, and the development is intended for residents aged 55 and over.
This apartment offers a practical option for those seeking independent retirement living with communal facilities and convenient access to the city centre.
Entrance Hall Lounge/Diner 17' 7" x 11' 10" (5.36m x 3.61m) Kitchen 9' 4" x 9' 0" (2.84m x 2.74m) Bedroom 13' 2" x 9' 0" (4.01m x 2.74m) Wet Room 9' 0" x 5' 0" (2.74m x 1.52m) Agents Note Please note this property is only available for over 55s Disclaimer haart offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your portfolio, please call the Lettings Manager on the above number.
haart is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Photos in this listing may be digitally enhanced or altered for illustrative or marketing purposes.
Where applicable, furniture, decoration, landscaping or other features shown may not reflect the property in its current form.
Please refer to the description and ask the agent to confirm the current condition and features before relying on any image.
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 Broomfield Road, Chelmsford
Explore nearby