1-bedroom flat · CM2 6JU
For saleReduced £7.5k (−3.8%) on 24 SepListed 174 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Oasis Court is a much favoured, select development situated at the top of Springfield Road.
Surrounded by well-maintained communal gardens, the development itself is particularly well-maintained and managed.
Given its location, the property is exceptionally well placed for those commuting with a choice of two mainline stations within easy reach.
This particular one bedroom apartment is situated on the first floor and is exceptionally well appointed whilst also affording delightful views over the main communal lawned garden.
In addition to a brick built storage shed, there is allocated parking for 1 vehicle and visitors spaces are also available.
Entrance Hall Coving to ceiling, storage heater, storage cupboard, doors to Lounge (3.84m x 3.48m) Coving to ceiling, window to rear overlooking the gardens, storage heater, open plan to Kitchen (3.07m x 2.01m) Coving to ceiling, window to rear, fitted with a range of wall and base level units, roll edge worktops with inset single drainer sink unit with mixer tap, four ring electric hob with oven beneath, fridge freezer and washing machine space.
Bedroom (4.34m x 3.07m) Window to rear, fitted with a comprehensive range of wardrobes and bridging units, electric heater.
Bathroom Modern white suite comprising panel enclosed bath with shower over, close coupled w.c, pedestal wash hand basin, part tiling to walls.
Communal Areas & Grounds As mentioned previously, Oasis Court is surrounded by well-maintained communal gardens and is kept to a good standard.
The main part of the garden has a large lawned area situated to the rear of the block, whilst to the front there is parking provided for both residents and visitors alike.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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 12, Oasis Court, Springfield Road, Chelmsford
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