1-bedroom house · CM1 1RE
Listing removedListed 76 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within close proximity to Anglia Ruskin University and just 0.5 miles from Chelmsford City Centre and mainline train station, this modern shared house offers comfortable and convenient living for professionals or students alike.
The property features six fully furnished double bedrooms.
Residents benefit from generous communal areas including, Entrance hallway, Modern kitchen equipped with oven, hob, microwave, fridge, freezer, and two washing machines, Comfortable sitting room, Shower rooms with WC on both the first and second floors, Additional separate WC on the ground floor.
Further benefits include gas central heating via radiators and uPVC double glazing throughout for comfort.
Externally, the property offers a shared garden space with rotary washing lines, ideal for outdoor drying and social use.
This City centre property is ideally situated within walking distance to the train station with an appx 36 minute commute to London Liverpool Street.
Close by at the bottom of the road is the Anglia Ruskin University and the local parade of shops and amenities to conveniently include the Rivermead GP health centre.
The City offers three shopping complexes to include the vibrant Bond Street area where you will find an array of river fronted restaurants, designer outlets, a John Lewis store and an Everyman cinema.
By road, the A12 provides direct access into London and links to the M25 at Junction 28, while the A414 joins the M11 at Junction 7.
Both Southend and Stansted Airports are approximately half an hour away by car. Riverside Leisure centre and swimming pool is within walking distance.
The council tax for this property is included within the rent. Tenants permitted payments info: We will charge a tenant the following: 1.
to secure a property a holding deposit of no more than one weeks’ rent; 2. a security deposit with a maximum of 5 weeks rent, or 6 weeks on a property with rent over £50,000 per year; 3.
the rent; * We may charge a tenant the following default fee’s/payments: 4. default fee for late payment of rent (after 14 days); 5. reasonable charges for lost keys or security fobs; 6.
payments associated with contract variation, at £50 or reasonable costs incurred if higher, when requested by the tenant; 7.
payments associated with early termination of the tenancy, when requested by the tenant; and 8.
payments in respect of bills - utilities, communication services, TV licence, council tax and green deal or other energy efficiency charges. Tenants T&C’s can be supplied on request..
holding deposit is refundable subject to the t&c's 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. Please note that the Home Partnership do not take referral fees for contractors services relating to property maintenance.
Room 5 3.45 m x 2.34 m (11'4" x 7'8") Second floor bedroom, furniture includes a double bed and mattress, bedside cabinet, wardrobe with drawers and a desk/chair.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Rectory Lane, Chelmsford
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