1-bedroom flat · CM1 7FZ
Sold STCListed 82 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**** guide price: £250,000 - £255,000 **** Situated in the highly sought-after Springfield area, this modern one-bedroom second-floor apartment offers stylish, low-maintenance living within easy walking distance of Chelmsford City Centre.
Beautifully presented throughout, the property features a bright and spacious triple-aspect open-plan lounge/diner with direct access to a private balcony, alongside a contemporary fitted kitchen complete with integrated appliances and a breakfast bar.
The generous double bedroom benefits from a built-in wardrobe, whilst the entrance hall provides a useful utility cupboard with space and plumbing for a washing machine.
A modern bathroom completes the internal accommodation.
The property further benfits from one allocated parking space, additional visitor parking, a long lease and an affordable service charge, making it an excellent first-time purchase or investment opportunity.
Ideally positioned close to a wide range of local amenities, highly regarded schools, Chelmsford mainline and Beaulieu Park railway stations, as well as excellent road links including the A12 and A131, this superb apartment must be viewed to be fully appreciated.
Palmer & Partners strongly recommend an early internal inspection to avoid disappointment. Entrance Hall Utility 1.5 x 1.5 Bathroom 2.4 x 2.7 Bedroom 4.4 x 2.7 Kitchen Lounge Diner 7.5 x 3.6
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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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 5 Constable House,, Admiral Mews, Chelmsford
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