1-bedroom flat · CM2 6GA
Listing removedReduced £50 (−4.3%) on 5 AugListed 96 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with the advantage of having gas fired radiator heating is this beautifully presented one bedroom ground floor apartment located on the desirable Chancellor park development.
The accommodation includes a reception hall with built in cloaks cupboard, a good size double bedroom with built in wardrobe, a re-fitted bathroom, lounge and open plan fitted kitchen complete with oven, hob, slimline dishwasher, washing machine and fridge freezer.
Other benefits include double glazed windows and private off road parking.
Chancellor Park is within walking distance of the Chelmer Village shopping centre which includes an Asda supermarket, it is also within easy driving distance of Chelmsford City Centre for all its amenities and mainline rail station.
A viewing of this property is highly recommended.
GAS FIRED RADIATOR HEATING DOUBLE GLAZED WINDOWS FITTED KITCHEN 9’8 X 8’1 (2.95M X 2.46M) TO INCLUDE OVEN, HOB, SLIMLINE DISHWASHER , WASHING MACHINE & FRIDGE/FREEZER LOUNGE 12’10 X 10’9 (3.91M X 3.28M) COUNCIL TAX BAND B DOUBLE BEDROOM 10’10 X 9’3 REFITTED BATHROOM PRIVATE OFF ROAD PARKING GROUND FLOOR WELL PRESENTED VIEWING RECOMMENDED
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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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 Meggy Tye, Chelmer Village, Chelmsford, Essex
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