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See how verdicts work2-bedroom flat · CM1 3GP
Sold STCListed 232 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this charming apartment on the edge of Chelmsford town centre.
This apartment is the biggest design in the village boasting 723sqft with both bedrooms on either side of the apartment offering privacy and peace.
It simply requires a touch of love to bring out its full potential.
The flat offers a spacious lounge/diner with separate kitchen just off, two double bedrooms, the master enjoying ensuite facilities and an outlook that overlooks the brilliant residents park, the flat also offers a security system providing peace of mind for residents.
With a lease extended to 124 years remaining, this property is not only a comfortable place to call home but also a solid investment for the future.
Situated just a 1-mile walk from Chelmsford train station and a mere 0.8 miles from Moulsham Street, residents can easily access all the amenities and transport links that this thriving town has to offer.
Residents parking, communal gardens/parks, and electric heating further enhance the appeal of this property, making it a truly desirable place to live.
Don't miss your chance to own a piece of Chelmsford living in this delightful home. Book your viewing today!
Tenure: Leasehold The Council tax band for the property is Band C with an annual amount of £1,926.96. Lease: The property has a 125 year lease commencing 05/02/2026 .
There are 124 years remaining Service charge: £1,955 for the period 01/11/2025 to 31/10/2026. The service charge is reviewed annually Ground rent: £150 per annum.
The ground rent doubles and will next increase on 24/12/2034 to £300, The ground rent will then subsequently double every 33 years thereafter.
The Nitty Gritty (Football Edition) As a long-standing member of the local football community, we’ve built a strong squad of trusted professionals who know how to play the game properly.
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Please note that a small number of these recommendations (certainly not the whole team) may, on occasion, pay us a referral fee of up to £200.
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Entrance hall Living/Dining Room 3.4m x 3.99m Kitchen 2.34m x 2.77m Bedroom 1 3.38m x 3.71m En Suite Bedroom 2 3.38m x 3.71m Family bathroom Communal Grounds
Value & comps
No previous sales on record.
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 asking
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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 Crompton Street, Chelmsford
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