2-bedroom flat · CM1 1GP
To rentListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the sought-after Victoria Court development, this two-bedroom apartment provides contemporary living in the heart of the city centre.
Ideally positioned for those seeking convenience and comfort, the property benefits from excellent access to local amenities and transport links.
This thoughtfully designed apartment features a spacious open-plan living and dining area, providing the perfect setting for both relaxing and entertaining.
The living space benefits from direct access to a private balcony, offering a pleasant outdoor retreat.
The fitted kitchen complements the living accommodation, with ample storage and a range of integrated appliances, creating a practical yet stylish space for everyday living.
The property boasts two generously proportioned double bedrooms, with the main bedroom benefiting from its own modern en-suite shower room.
A further contemporary family bathroom serves the second bedroom and guests.
Externally, the apartment benefits from the added convenience of allocated parking, a valuable feature for such a central location.
Victoria Court is ideally situated within easy reach of an excellent selection of shops, restaurants, cafés, bars and leisure facilities.
The nearby train station is just a short walk away, offering convenient connections.
Combining modern interiors, generous accommodation and a highly convenient location, this fantastic apartment presents an excellent opportunity for those looking to enjoy city centre living without compromising on comfort or practicality.
Early viewing is highly recommended to fully appreciate everything this superb apartment has to offer.
ENTRANCE HALL LOUNGE/DINER 15' 6" x 12' 2" (4.72m x 3.71m) KITCHEN 6' 3" x 8' 4" (1.91m x 2.54m) MASTER BEDROOM 11' 6" x 11' 7" (3.51m x 3.53m) ENSUITE 5' 7" x 6' 1" (1.7m x 1.85m) BEDROOM 2 16' 4" x 10' 2" (4.98m x 3.1m) BATHROOM 7' 5" x 6' 8" (2.26m x 2.03m) A holding deposit equivalent to 1 weeks rent will be required to reserve the property, while referencing checks are being carried out.
With the tenants' consent, this holding deposit will be refunded against the first months' rent.
The holding deposit can be retained if the applicant provides false or misleading information, fails Right to Rent checks, withdraws from the property or fails to take reasonable steps to enter into the tenancy.
In accordance with the Tenant Fees Act, applicants will be required to enter into the tenancy agreement no more than 15 days after paying the holding deposit.
Failure to do so for any of the aforementioned reasons, may result in you losing your holding deposit. An extension to the deadline may be entered into, if agreed by all parties.
Right to Rent Checks By Law, Right To Rent checks must be carried out and as such, applicants will be required to provide original proof of ID (Passport and Residents Permits) and current address ID in accordance with Home Office guidelines.
Acceptable forms of address ID are as follows: - Driving license - Recent utility bill (within the last 3 months, we cannot accept mobile phone bills) - Council Tax bill - Letter from employer or GP (specifically stating & confirming your current address, on headed paper) - Mortgage statement - Tenancy agreement signed and dated within the last 6 months Please note that we cannot accept bank statements All potential tenants over the age of 18, will be subject to a credit check, carried out by a 3rd party to check for CCJ's, IVA's & Bankruptcy.
Applicants will need to provide proof of an income of at least 2.5 times the annual rent.
Additional checks include an employment check, affordability checks, previous Landlord reference and proof of address history, usually up to 3 years.
Local Housing Allowance applicants will require a working guarantor and be able to prove an income of 3 x the annual rent.
You may be required to provide Bank statements (to assess income), pay slips, benefits award letters, pension statements, WFTC award letter.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Victoria Court, New Street, Chelmsford
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