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See how verdicts work1-bedroom flat · CM1 1GH
Sold STCListed 251 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This immaculately presented one-bedroom apartment is situated on the top floor of a modern apartment building, offering comfortable and stylish living in the heart of Chelmsford.
With the added benefit of 50% shared ownership and the ability to staircase to 100%, this property provides a fantastic opportunity for first-time buyers or those looking to get on the property ladder.
As you enter the apartment, you are immediately struck by the well-maintained and welcoming atmosphere.
The spacious living area features neutral decor that perfectly complements any style of furniture. This room provides ample space for both lounging and dining.
The modern kitchen is conveniently positioned adjacent to the living area, allowing for easy interaction while preparing meals.
It is fitted with a range of high-quality units and ample countertop space. The bedroom is generously sized and boasts a peaceful atmosphere, ensuring a good night's sleep.
The room benefits from large built-in wardrobes, providing plenty of storage space for all your belongings.
The bathroom is contemporary and well-appointed, featuring a bathtub with an overhead shower, a washbasin, and a toilet.
Situated in a prime location, this flat is just a stone's throw away from an array of shops, restaurants, and amenities, ensuring all your daily needs are conveniently accessible.
Chelmsford station is also just half a mile away, providing excellent commuter links to London and other major cities.
Additional features of this property include gas radiator central heating for year-round comfort, a security entry phone system for peace of mind, and the added benefit of no onward chain, ensuring a smooth and hassle-free buying process.
Chelmsford is a vibrant and bustling city in Essex, offering a wide range of attractions and activities.
Residents can explore the historic Chelmsford Cathedral, visit the beautiful Hylands Park and Gardens, or enjoy a day of shopping in the city center's high street stores and boutiques.
The city also boasts an excellent selection of bars, restaurants, and entertainment venues, ensuring there is something for everyone to enjoy.
In summary, this immaculate one-bedroom flat in the heart of Chelmsford offers the perfect opportunity for buyers looking to enter the property market.
With its stylish interior, excellent location, and shared ownership scheme, this property provides comfortable and affordable living in one of Essex's most sought-after cities.
Tenure: Leasehold Band C is the Council Tax band for this property and the annual council tax bill is £1,926.96. Lease length: 125 years from 01/01/2005, expiring 31/12/2105. - 103 Years remaining.
Service charge: For 01/04/2024 to 31/03/2025 is £2,186.03. The service charge is reviewed annually. Please note we do not currently hold this years service charge breakdown.
50% Share rent: £352.78 per month. As an integral part of the community, we’ve gotten to know the best professionals for the job.
If we recommend one to you, it will be in good faith that they’ll make the process as smooth as can be.
Please be aware that a small number of the parties we recommend (certainly not the majority) may on occasion pay us a referral fee up to £200.
You are under no obligation to use a third party we have recommended.
Should you successfully have an offer accepted on a property of ours and proceed to purchase it there is an administration charge of £36 inc.
VAT per person (non-refundable) to complete our Anti Money Laundering Identity checks.
Third Floor Entrance Hall Lounge/Diner 8.61m x 3.2m Kitchen 3.4m x 1.8m Bedroom 3.86m x 2.87m Bathroom
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.
Area
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FAQ
About Bond Street, Chelmsford
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