3-bedroom flat · CM2 0UH
Listing removedListed 229 days
Opportunity summary
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About
*** GUIDE PRICE £270,000-£285,000 *** A three bedroom bright and spacious luxury apartment situated in the sought after area of Old Moulsham within walking distance of Chelmsford City Centre, Chelmsford mainline railway station and close to some highly regarded schools.
Features include: entrance hall, spacious landing 21'2 x 7'8, lounge/dining room 19'4 x 11'10, fitted kitchen with integrated appliances 9'9 x 7'7, bedroom one 12'6 x 10'9, bedroom two 12'6 x 8'8, bedroom three 7'10 x 7'8, modern family bathroom, gas radiator central heating, double glazed sash style windows, allocated parking space, maintained communal gardens.
SOLE AGENTS Bathroom Modern white suite with low level w.c., pedestal wash hand basin, panelled bath with shower unit over, partly tiled walls, radiator, extractor fan.
Bedroom 3 7'10 (2.13 M) x 7'8 (2.13 M) Window to rear, double radiator.
Exterior The property stands in communal landscaped grounds to front and rear, with allocated parking space to the rear of the property and secure bicycle storage.
Entrance Entrance door through to - Entrance Hall Single staircase to first floor, radiator.
Landing 21'2 (6.40 M) x 7'8 (2.13 M) Single staircase to ground floor, double radiator, access to loft, door to - Lounge/Dining Room 19'4 (5.79 M) maximum x 11'10 (3.35 M) Large bright lounge area.
South facing double window to front allowing ample sunshine through the property. Lounge is hard-wired for 5.1 cinema systems and HDMI.
Double radiator, opening through to - Kitchen 9'9 (2.74 M) x 7'7 (2.13 M) Window to rear, double radiator, modern fitted kitchen with stainless steel sink unit inset into roll edge work surfaces with a matching range of eye and base level units, inset Neff four ring gas hob and Neff electric fan oven with canopy extractor hood over, concealed and integrated washing machine and fridge/freezer, modern tiled splashbacks, wall mounted domestic boiler.
Bedroom 1 12'6 (3.66 M) x 10'9 (3.05 M) Bright and spacious master bedroom. Window to rear, radiator. Bedroom 2 12'6 (3.66 M) x 8'8 (2.44 M) Bright double bedroom. Window to rear, radiator.
£1740 service charge £175 Ground Rent 103 year lease.
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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 Lynmouth Gardens, Chelmsford, CM2
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