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See how verdicts work1-bedroom flat · CM1 7FN
Listing removedListed 73 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold An immaculately presented, modern one double bedroom top floor flat featuring a spacious open-plan kitchen/reception room, a contemporary bathroom, and an allocated parking space.
The property is conveniently positioned within the sought-after area of Broomfield, providing easy access to Chelmsford city centre.
The spacious entrance hall includes a video entry system, a useful storage cupboard, and leads to the bedroom, family bathroom, and living area.
Ideal for entertaining, the bright open-plan kitchen/reception room is situated to the front of the property.
French doors open onto a Juliette balcony, flooding the space with natural light which nicely compliments the attractive laminate flooring.
The well-equipped kitchen offers a range of base and eye-level units, ample work surfaces, a stainless steel sink, and integrated appliances including a washing machine, fridge freezer, and an electric oven with a gas hob and extractor hood.
The bathroom features a modern three-piece white suite with a panel enclosed bath, glass screen, and wall mounted shower.
It is finished with tiled flooring, a low-level WC, a wash hand basin, and a chrome ladder-style heated towel rail.
To the rear of the property is the generously sized double bedroom, which is neatly carpeted and neutrally decorated.
Outside: The property benefits from an allocated parking bay situated in the residents' car park to the rear of the building.
Location: Located approximately three miles north of Chelmsford city centre, this property is perfectly placed to enjoy Broomfield’s local amenities.
The nearby villages of Little and Great Waltham offer excellent pre and primary schooling, traditional pubs, and a well-stocked village store and post office.
Surrounded by scenic countryside walks, the area also benefits from regular bus links to the city centre, surrounding villages, and Stansted Airport.
Chelmsford itself seamlessly combines major brands like John Lewis with a vibrant mix of independent boutiques, bars, and restaurants.
Moulsham Street adds to this variety with its unique selection of quirky eateries, pubs, and cafes.
For outdoor recreation, residents can explore numerous local parks, including Central Park, which hosts the popular weekly Parkrun.
Perfect for commuters, the mainline railway station provides a direct link to London Liverpool Street in approximately 35 minutes.
This is a shared ownership property, offering an excellent opportunity for buyers to step on to the property ladder.
There is also the option to purchase the full 100% ownership providing long term flexibility and investment potential.
Important information: Council Tax Band - C Services - We understand that mains water, drainage, gas and electricity are connected to the property.
Tenure - Leasehold 125 years from 2018 (117 years remaining) Monthly service charge is £136.13 which includes: Estate charge: £54.09 Management fee: £7.50 Reserve Fund: £5.63 Insurance Charge: £10.94 Other service charges: £57.94 * These payments will be reviewed on an annual basis (1st April each year).
EPC Rating: B Location Located approximately three miles north of Chelmsford city centre, this property is perfectly placed to enjoy Broomfield’s local amenities.
The nearby villages of Little and Great Waltham offer excellent pre and primary schooling, traditional pubs, and a well-stocked village store and post office.
Surrounded by scenic countryside walks, the area also benefits from regular bus links to the city centre, surrounding villages, and Stansted Airport.
Chelmsford itself seamlessly combines major brands like John Lewis with a vibrant mix of independent boutiques, bars, and restaurants.
Moulsham Street adds to this variety with its unique selection of quirky eateries, pubs, and cafes.
For outdoor recreation, residents can explore numerous local parks, including Central Park, which hosts the popular weekly Parkrun.
Perfect for commuters, the mainline railway station provides a direct link to London Liverpool Street in approximately 35 minutes. Parking - Allocated Parking
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.
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FAQ
About 37 Searle Crescent, Chelmsford
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