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 work2-bedroom flat · CM1 4JQ
Sold STCListed 159 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Guide Price £200,000 - £220,000** Located within easy reach of the heart of Chelmsford, this spacious and well maintained ground floor apartment presents an excellent opportunity for first time buyers, commuters and investors alike.
Offering generous accommodation throughout, modern open plan living and the added benefit of over 200 years remaining on the lease, the property combines practicality, comfort and convenience in equal measure.
Upon entering the apartment, you are welcomed by a central hallway providing access to all principal rooms.
The impressive open plan kitchen and living area forms the heart of the home, creating a bright and sociable environment ideal for both everyday living and entertaining guests.
The modern fitted kitchen offers a range of storage units and ample worktop space, while the living area comfortably accommodates both lounge and dining furniture with natural light enhancing the overall sense of space.
The property boasts two generously sized bedrooms, both offering excellent proportions and flexibility for a variety of buyers.
Whether utilised as bedrooms, a home office or guest accommodation, the rooms provide comfortable and versatile living arrangements.
The contemporary shower room has been thoughtfully fitted with modern fixtures and finishes, complementing the stylish feel of the apartment throughout.
Further benefits include gas central heating, double glazing and allocated off road parking, ensuring convenience and efficiency for modern living.
Positioned within easy reach of Chelmsford City Centre and Chelmsford railway station, the apartment is perfectly placed for commuters travelling into London Liverpool Street.
Chelmsford is one of Essex’s most sought after cities, offering an excellent blend of vibrant city living and green open spaces.
The city provides an extensive range of shopping facilities including Bond Street, High Chelmer Shopping Centre and a variety of independent boutiques, alongside an excellent selection of restaurants, bars and cafés.
Chelmsford is also well known for its riverside walks, parks and leisure facilities, with Central Park and Admirals Park nearby, offering scenic outdoor spaces ideal for walking, running and family activities.
The area benefits from highly regarded schools, excellent road connections via the A12 and a thriving social scene, making it an increasingly desirable destination for professionals, families and investors.
With its generous layout, long lease and superb location within this thriving Essex city, this fantastic apartment offers an outstanding opportunity to step onto the property ladder or expand an investment portfolio.
Entrance Hall Open Plan Lounge/Kitchen/Diner 21'10" x 13'0" (6.65m x 3.97m) Bedroom 12'2" x 9'6" (3.71m x 2.90m) Bedroom Two 12'2" x 7'3" (3.71m x 2.20m) Shower Room 9'4" x 5'0" (2.85m x 1.52m) Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
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
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.
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FAQ
About Eastern Crescent, Chelmsford
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