2-bedroom flat · CM2 9RQ
For saleReduced £30k (−20%) on 21 AugListed 214 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This 2 bedroom first floor retirement apartment is situated in Great Baddow adjacent to the Great Baddow Sports Ground and has the benefit of a stair lift giving access to the first floor (only 2 small steps to get to the apartment itself) The apartment is offered for sale with no onward chain and has a pleasant aspect as it backs the communal grounds.
The apartment itself is located in the annexe part of the complex but still enjoys all the facilities of the main complex.
Local amenities are close by including bus services, sports ground and also the Vineyards shopping centre. Chelmsford City centre is within easy driving distance. Well worth an internal viewing!
Entrance Hall Wall mounted electric heater, entry phone system, built in cupboard housing the water tank and has fitted shelving, doors to Lounge (3.99m x 3.28m) A most pleasant rear room with fire surround and hearth, wall mounted electric heater, double glazed window to rear with view over the communal gardens, coved ceiling, archway to Kitchen (2.29m x 1.80m) The distinct advantage of this apartment is that it has a double glazed window to the side (not all retirement apartments have windows in the kitchen), it has an inset single drainer sink unit with mixer tap, working surfaces with drawers and cupboards under, built in hob and oven with cooker hood above, space for washing machine and fridge freezer, tiling over worktops, eye level cupboards.
Bedroom One (3.48m x 2.87m) A good size main bedroom with wall mounted electric heater, built in wardrobe cupboards with drawer units, double glazed window to rear again with the view over the communal gardens, coved ceiling.
Bedroom Two (3.25m x 2.13m) Electric wall mounted heater, double glazed window to side again overlooking the communal gardens, coved ceiling.
Shower Room A good size shower room fitted with a white suite comprising w.c with concealed cistern, vanity wash hand basin with mixer tap, part tiled walls, shower cubicle with fitted shower unit with grab rails and seat, part tiled wall, dimplex down-flow heater.
Value & comps
No previous sales on record.
Returns
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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 9, Roberts Court, Baddow Road, Chelmsford
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