We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · CM1 3EW
Listing removedListed 279 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £180,000 - £200,000 This one-bedroom ground floor apartment offers an excellent opportunity for both first-time buyers and buy-to-let investors alike.
The property comprises a double bedroom, a reception room ideal for relaxing or entertaining, and a bathroom, providing practical living accommodation.
The apartment is in need of modernisation and benefits from no onward chain.
Ideally situated within walking distance of the ever-popular Writtle Green, the apartment enjoys a pleasant setting while remaining conveniently close to a range of local amenities.
Nearby shops, café, and restaurants are all easily accessible on foot, making everyday living both convenient and enjoyable.
The property also benefits from excellent transport links, with regular bus routes providing easy access to Chelmsford City centre.
Chelmsford mainline railway station offers fast and frequent services to London Liverpool Street.
Further benefits include one allocated parking space, adding to the convenience of this well-located property and making it an ideal choice for commuters.
Entrance Hall Bathroom (5' 7" x 6' 11") Kitchen (8' 10" x 5' 11") Living/Dining Room (14' 5" x 11' 0") Bedroom (14' 5" x 13' 6")
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 57, Melba Court, Chelmsford
Explore nearby
.jpeg){kind=logo}
