1-bedroom flat · CM1 1FU
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Guide Price £160,000 - £200,000** Situated in a prime city centre location, this impressive seventh floor apartment offers a well-proportioned one-bedroom layout, stunning views across Chelmsford and allocated parking.
Benefitting from lift access to all floors, an open-plan kitchen and living area, and over 100 years remaining on the lease, this property presents an excellent opportunity for first-time buyers, commuters or investors.
The apartment is accessed via a welcoming entrance hallway, providing access to the principal accommodation and a useful storage cupboard housing the boiler.
The spacious open-plan kitchen and living area offers an excellent setting for both relaxation and entertaining, with generous proportions and an abundance of natural light through the double-glazed front-facing window.
The kitchen is fitted with a range of base-level units and integrated appliances, including an oven, fridge freezer, dishwasher and washing machine, complemented by a wall-mounted electric heater.
The generous double bedroom benefits from double-glazed windows overlooking the front, a wall-mounted electric heater and a fitted wardrobe, providing excellent storage and a comfortable sleeping environment.
Completing the accommodation is a well-appointed bathroom featuring a four-piece suite comprising a shower, bath, low-level WC and wash hand basin.
Externally, the property benefits from allocated parking, while lift access to all floors ensures convenience and accessibility.
Positioned within Chelmsford city centre, the apartment provides excellent access to local amenities, shops, restaurants and transport links, making it particularly appealing to commuters and those seeking a convenient urban lifestyle.
With its elevated position, impressive city views, allocated parking and versatile appeal, this apartment represents an excellent opportunity for those looking to secure a city centre home or investment property.
Entrance Hall Open Plan Living 26' 0" x 12' 9" (7.92m x 3.89m) Bedroom 12' 8" x 12' 2" (3.86m x 3.71m) Bathroom 9' 8" x 8' 1" (2.95m x 2.46m) Agents Note 1 Depending on the purchase price, the net rental yield ranges from 5.2% to 5.9%, while the gross rental yield ranges from 6.9% to 7.9%.
These figures include service charges and ground rent.
Agents Note 2 Size: Approximately 560 sqft Lease Length: 111 years Service Charge: £3,200.00 pa Ground Rent: £250.00 pa Disclaimer haart Estate Agents also 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 current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents 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.
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
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FAQ
About Meadow Walk, Chelmsford
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