2-bedroom flat · CM3 1RT
Listing removedListed 178 days
Opportunity summary
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About
Boasting a spacious 16' lounge/diner & modern kitchen with underfloor heating, two double bedrooms plus a bonus room with multi-purpose use is this very well-presented ground floor apartment.
Benefiting from rear communal gardens, free-for-all on street parking and tucked away in a cul-de-sac position within the highly regarded village of Great Leighs.
Short walking distance to all local village amenities, Primary School & bus routes with convenient access to A120/M11, Chelmsford City Centre & Mainline Station plus the new Beaulieu Station - Perfect for first time buyers!
Call leading local property experts Hamilton Piers to view!
***guide price £180,000-£190,000*** The accommodation, with approximate room sizes, is as follows: Ground Floor Accommodation: Communal Entry: Main entry door with secure phone entry system, communal hall with newly fitted secure main entry door to; Inner Hall: Entry phone, built-in large airing & storage cupboard, access to study area/store.
Lounge / Diner: (4.95m x 3.18m (16'3 x 10'5)) Double glazed window to front aspect, tiled flooring with under floor heating.
Kitchen: (4.09m reducing to 3.12m x 2.34m (13'5 reducing to) Double glazed window to front aspect, a series of matching base and wall units, roll top work surfaces incorporating a single bowl sink with central mixer tap and drainer, cooker with electric hob and extractor hood over, space for fridge/freezer, dishwasher and washing machine, tiled flooring with under floor heating.
Secure part-glazed door to side aspect. Bedroom One: (3.61m x 3.56m (11'10 x 11'8)) Double glazed window to rear aspect, electric heater, wood flooring.
Bedroom Two: (2.72m x 2.29m (8'11 x 7'6)) Double glazed window to rear aspect, electric heater, wood flooring.
Study Area / Store: (approx 2.74m x 1.22m (approx 9' x 4')) Currently used as a study and storage cupboard with multi-purpose use.
Bathroom: Opaque double glazed window to front aspect, panelled bath with central mixer tap and shower over, low level WC, pedestal wash hand basin, heated towel rail.
Exterior: Communal Gardens: Enclosed communal gardens to rear of building, laid to lawn. Parking: On-street parking with spaces available on free-for-all basis.
Agents Notes: Leasehold Details: Number of years remaining on current lease: 87 years Service Charge: Approx £1,126 per annum / £93.83 pcm Council Tax Band: A For further information regarding this property, please contact Hamilton Piers.
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 2, Beadle Way, Chelmsford
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