1-bedroom flat · CM2 6DG
Sold STCListed 70 days
Opportunity summary
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About
APARTMENTS by HOME Partnership are offering to the market this modern ground floor apartment located within easy reach of Chelmsford city centre.This well-maintained one-bedroom apartment offers a bright and comfortable living space.
The apartment offfers impressive open-plan kitchen and living area. The space is bright with a side-facing window bringing in plenty of natural light.
The modern kitchen is well equipped with a good range of wall and base units, work surfaces and a selection of integrated appliances, including a fridge freezer, washer/dryer, oven, four-ring gas hob with extrctor The bedroom is a well-proportioned double, again benefiting from a side-facing window, along with build wardrobes.
The bathroom has been fitted by the current owner and has been finished in a clean, modern style.
It features a full-sized bath with glass shower screen and shower attachment, low-level WC, wall-mounted wash hand basin with vanity unit and a chrome heated towel rail.
Part-tiled walls complete the look. Further benefits include gas central heating, a good amount of storage and an allocated parking space.
Situated within easy reach of Chelmsford city centre, the apartment is well placed for access to the city’s wide range of shops, restaurants, bars and everyday amenities, while also offering a quieter residential setting away from the centre itself.
Tenure: Leasehold Lease: The property was built with a 250 year lease commencing 1st January 2008. There are 231 years remaining on the lease (as of 2026).
Service Charge: For the period of 01/03/2026 – 31/08/2026 the service charge is £754.64 charged every 6 months. The service charge is reviewed annually. Ground Rent: £200.00per annum.
Reviewed every 15 years. next review date 01/01/2038 Pet Policy: Written consent is required.
Under Part II, Clause 9 of the Third Schedule (Block Regulations), the tenant must not keep any animal, bird, or reptile in the property without the prior written consent of the Landlord.
The landlord reserves the right to revoke or withdraw this consent at any time Band B is the council tax band for this property with an annual amount of £1,686.09.
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Communal Entrance Hall Entrance 0.99m x 3.73m Kitchen 2.59m x 3.05m Lounge 3.4m x 5.99m Bedroom 2.77m x 3.45m Bathroom 1.85m x 2.13m Outside - Allocated Parking
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Stonham Place, Chelmer Road, Chelmsford
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