1-bedroom flat · CM2 9BJ
Sold STCListed 240 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the top floor, the apartment enjoys an excellent degree of privacy along with a bright and airy feel throughout.
The standout feature is the impressive dual-aspect living room — a particularly generous reception space that comfortably accommodates both lounge and dining areas.
The attractive bay window enhances the sense of space while allowing natural light to flood the room, creating a welcoming and versatile living environment rarely found in one-bedroom apartments.
The well-fitted kitchen offers a comprehensive range of wall and base units, ample worktop space and integrated cooking appliances, with additional space for further appliances and informal dining if desired.
The double bedroom is again exceptionally spacious and benefits from built-in wardrobes, providing excellent storage.
The bathroom is fitted with a modern white suite comprising a panelled bath with shower over, pedestal wash hand basin and WC.
Additional benefits include: *Gas central heating, *Double glazing, *Secure entry system, *Excellent internal storage, *Well-maintained communal areas, *Top floor position with no immediate neighbours Garage & Parking - A significant advantage is the property’s own private garage, located within the nearby block.
This provides secure parking or valuable additional storage — a rare and highly desirable feature for an apartment at this price point.
Location - Duncan Place is conveniently located on Wood Street, offering easy access to a variety of local shops, amenities and everyday conveniences.
The property is well positioned for commuters, with nearby mainline railway stations providing direct services into London and surrounding areas. Regular bus routes are also easily accessible.
For those who enjoy outdoor space, the apartment is within easy reach of local parks and green spaces, ideal for walking and recreation.
The surrounding area offers a pleasant residential setting while remaining highly convenient.
Lease & Charges - *100 years remaining on the lease *Ground Rent: £150 per annum *Service Charge: £1,587.76 per annum Summary - This rarely available, generously proportioned top floor apartment stands out for its size, privacy and the added benefit of a garage.
Being the only apartment on the floor further enhances its appeal, offering a level of seclusion not commonly found in similar properties.
Offered with no onward chain, this superb home represents an excellent opportunity for first-time buyers, downsizers or investors alike. Early viewing is highly recommended.
Value & comps
No previous sales on record.
Returns
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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 Wood Street, Chelmsford, CM2
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