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See how verdicts work2-bedroom flat · CM1 6FQ
For saleListed 34 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Oieo £210,000 location The property is located within easy reach of local shops, pubs and takeaways with Sainsbury's, Aldi and Asda just a short drive.
Chelmsford city centre is around a 30 minute walk and you can also walk to Beaulieu Park train station which, like the city centre station, services Stratford and Liverpool Street.
If you are travelling by car then the A12 is just 5 minutes away, or for further afield you can be at Stansted Airport in under half an hour.
Overview of accommodation The block is accessed via a secure entry system. The Entrance Hall has doors to the Lounge/Dining Room, both Bedrooms, Utility Room and Bathroom.
The Lounge/Dining Room has a large window providing plenty of natural light, plenty of room for sofas and a table, and a door into the Kitchen.
The Kitchen is fitted with a range of matching wall and base units, with integrated oven, gas hob and extractor, and spaces for fridge/freezer and dishwasher.
The Utility Room has space and plumbing for a washing machine, as well as storage cupboards and a worksurface.
Bedroom One is a good sized double room, whilst Bedroom Two would take a double in its original format but currently has wardrobes running the entire length of the room and is used as a dressing room plus home office.
The Bathroom has been refitted with a modern suite comprising of toilet with concealed cistern, washbasin with cupboards under and bath with fixed rain head shower plus flexible shower over.
There is also a heated towel rail. The flat is situated on the top floor and so also benefits from private access to a boarded loft.
Externally There are communal grounds for residents to use plus residents parking. There is also unrestricted on road parking for guests.
Lease details provided by the seller Lease term remaining 93 years Ground rent £10 per year Service Charge £856 per year (paid in monthly installments) looking for A rental investment?
We think that this property would make a great buy to let purchase so please ask us for a rental estimate. Did you know that we can even guarantee your rent? Just ask for further details.
Agents note We are legally obliged to carry out Anti Money Laundering checks on behalf of hmrc on persons or companies trying to buy a property through us.
A non-refundable charge of £48 including VAT (for up to two people) is therefore required when you have an offer accepted on a property through us.
Disclaimer With approximate measurements these particulars have been prepared in good faith by the selling agent in conjunction with the vendor(s) with the intention of providing a fair and accurate guide to the property.
However, they do not constitute or form part of an offer or contract nor may they be regarded as representations, all interested parties must themselves verify their accuracy.
No tests or checks have been carried out in respect of heating, plumbing, electric installations or any type of appliances which may be included.
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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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.
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FAQ
About 42, Wavell Close, CHELMSFORD
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