2-bedroom flat · CM1 1GD
Sold STCListed 253 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
• GUIDE PRICE £400,000 - £425,000 • NO ONWARD CHAIN Offered with the added advantage of no onward chain.
Located in the heart of Chelmsford, we present a beautifully presented two-bedroom, two-bathroom apartment situated on the third floor of a modern development.
This spacious apartment features a bright, open-plan living and kitchen area, leading out onto a full-length private balcony with fantastic views over Bond Street – ideal for relaxing or entertaining.
The main bedroom includes a stylish en-suite, while the second double bedroom is served by a modern family bathroom.
The property also benefits from an allocated parking space, lift access, and secure entry.
Located just moments from Chelmsford Train Station, shops, restaurants, and the Bond Street retail and leisure complex, this apartment offers both convenience and lifestyle.
SERVICE CHARGE: £1,556.63 bi-annually GROUND RENT: £100 bi-annually LEASE REMAINING: 104 years COUNCIL TAX BAND: E
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 Bond Street, Chelmsford, Essex, CM1
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