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See how verdicts work1-bedroom flat · CM2 0RB
No longer listedReduced £9k (−5.7%) on 15 JulListed 592 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** no onward chain *** In need of refurbishment this ground floor one bedroom apartment is situated on a popular development close to Moulsham Street, the City Centre and Central Park all offering a great array of leisure, entertainment and shopping facilities.
The property offers - One double bedroom. Kitchen, Bathroom with shower over bath. Living room with dual aspect windows. Electric heaters. Allocated parking. No onward chain. EPC rating: D.
Service charge description: Ground rent peppercorn Entrance Solid entrance door. Hall. Doors to all rooms. Living Room Windows to front and side. Electric heater. Bathroom Three piece bathroom suite.
Pedestal wash hand basin, w.c. And panelled bath with shower over. Window to side. Kitchen Range of base and eye level units. Built under oven with hob. Window to rear. Space for fridge freezer.
Built in cupboard. Bedroom Window to rear. Electric heater. External Outside there is an allocated parking space, communal garden and bin store.
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
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FAQ
About 56, Stapleford Close, Chelmsford
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