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 4XW
Listing removedListed 326 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE £175,000 TO £185,000 Welcome to Bounderby Grove - a fantastic opportunity to secure a beautifully presented one-bedroom first-floor maisonette in a popular and peaceful Chelmsford location.
Perfect for first-time buyers, downsizers or investors, this charming home combines practicality with great long-term value, offering a remarkable 902-year lease, no service charges, no ground rent, and the added benefit of no onward chain.
Stepping inside your own private front door, you're greeted by a bright entrance hall leading up to a well-arranged first-floor layout.
The separate kitchen provides an ideal space for cooking and everyday living, while the generous lounge offers a welcoming, comfortable area to relax.
The property also features a spacious double bedroom and a modern bathroom, giving the home a fresh, contemporary feel throughout.
Outside, the convenience continues with two allocated parking spaces, a standout feature rarely found with properties of this type.
Whether you're commuting, working from home or simply exploring everything Chelmsford has to offer, this home ticks all the right boxes.
Set within easy reach of local amenities, parks, public transport links and Chelmsford's vibrant city Centre, the location is as appealing as the property itself.
With excellent access to the A12 and Chelmsford Station, it's ideal for both local living and London commuters.
This delightful maisonette blends comfort, practicality and outstanding value-an opportunity not to be missed.
With a superb lease length, no additional charges and available with no chain, Bounderby Grove is ready and waiting for its next owner.
ENTRANCE HALL LANDING LOUNGE/DINER 14' 1" x 15' 5" (4.29m x 4.7m) BATHROOM 6' 5" x 5' 10" (1.96m x 1.78m) BEDROOM 10' 6" x 9' 3" (3.2m x 2.82m) KITCHEN 10' 6" x 5' 10" (3.2m x 1.78m)
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 Bounderby Grove, Chelmsford
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