3-bedroom flat · CM2 6NF
Sold STCListed 252 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**** GUIDE PRICE: £400,000 - £425,000 **** This immaculately presented three-bedroom duplex apartment offers contemporary city living at its finest, combining generous accommodation with high-quality finishes and impressive outdoor space.
Arranged over two floors and accessed via a secure communal entrance with lift access, the property has been thoughtfully designed to provide both style and practicality.
Upon entering, the welcoming hallway features a useful storage cupboard for coats and shoes, a separate utility cupboard with space and plumbing for a washing machine and tumble dryer, and a convenient downstairs cloakroom.
The heart of the home is the stunning open plan kitchen, lounge and dining area, flooded with natural light from floor-to-ceiling windows and doors that open onto a substantial wrap-around balcony terrace, enjoying superb city views.
The modern fitted kitchen is comprehensively equipped with sleek wall and base units, quartz worktops, a central island, integrated induction hob, oven and grill, fridge freezer and dishwasher, as well as a spacious pantry larder providing excellent additional storage.
A separate study offers versatility and can be utilised as a home office or occasional guest bedroom.
To the first floor, there are three well-proportioned double bedrooms and a contemporary family bathroom, with the principal bedroom benefitting from its own en-suite shower room.
The apartment further benefits from one allocated undercover parking space within a gated car park, along with a visitor parking permit.
Lease terms are highly attractive, with a long lease, peppercorn ground rent and affordable service charges, enhancing the property’s overall appeal.
Ideally positioned in a prime central Chelmsford location, the apartment is just a short stroll from the vibrant City Centre, offering an array of shops, cafés, restaurants and leisure facilities, including Bond Street and the Riverside Leisure Centre.
Beautiful green spaces such as Central Park and Admiral Park are also nearby.
Chelmsford mainline railway station provides fast and frequent services into London Liverpool Street, while the A12 is easily accessible, making this an excellent choice for commuters.
Palmer and Partners strongly recommend early internal viewing to fully appreciate the space, finish and location this exceptional home has to offer.
Entrance Hall Downstairs Cloakroom Kitchen Lounge Diner 6.28 x 5.09 Study / Bedroom 4 2.96 x 1.89 First Floor Landing Bedroom 1 3.07 x 4.47 Bedroom 2 3.31 x 3.64 Bedroom 3 1.87 x 4.41 Bathroom
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
Agent & docs

FAQ
About Wharf Road, Chelmsford, Essex, CM2
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