2-bedroom flat · CM1 1GS
Sold STCListed 224 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Two bedroom apartment with private balcony in the popular Marconi Plaza development, moments from Chelmsford railway station ** Situated in the popular Marconi Plaza development in the heart of Chelmsford, this well-presented two bedroom apartment offers modern city living just a short walk from Chelmsford railway station and the High Street.
The apartment features a bright and spacious open-plan kitchen and living area, creating an ideal space for both relaxing and entertaining, with access to a private balcony.
The kitchen provides ample storage and workspace, making it practical for everyday living.
The property offers two well-proportioned bedrooms, including a principal bedroom with en-suite, alongside a modern main bathroom.
The layout maximises space and provides comfortable accommodation for individuals, couples or small households.
One of the key advantages of this home is its central location, just moments from Chelmsford High Street, where residents can enjoy a wide selection of shops, cafés, restaurants and amenities.
Chelmsford railway station is also within easy reach, providing direct links into London, making this property particularly attractive for commuters.
This apartment represents an excellent opportunity for first-time buyers, professionals or investors looking to secure a property in a highly sought-after central Chelmsford location.
Entrance Hall Kitchen 9' 3" x 7' 4" Lounge 23' 1" x 16' 5" Balcony 16' 8" x 15' 4" Bedroom One 25' 0" x 9' 9" En-suite 7' 0" x 3' 8" Bedroom Two 14' 8" x 10' 5" Bathroom 7' 4" x 7' 2"
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 Marconi Plaza, Chelmsford, CM1
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