1-bedroom flat · CM2 0RZ
For saleListed 1 day
Opportunity summary
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About
Bright, spacious and well presented first floor apartment offered with no onward chain.
The property is accessed via a communal entrance with intercom system, the entrance is only shared with one other property.
Stairs rise to the first floor communal landing with a door leading into the 'L shaped' hallway with storage cupboard and doors to rooms, there is a lovely size lounge/diner, a modern fitted kitchen, good size double bedroom and a shower room with a double width cubicle and twin wash hand basins.
Externally the flat benefits from it's own garage and parking space in front which is very rare to find with a one bedroom apartment.
Additional benefits include gas central heating via radiators and uPVC double glazed windows.
The property is ideally situated within a short walk to Central park which is very popular with local residents, footpaths and cycle routes run through the park leading to different parts of the City to include the train station with an appx 36 minute commute to London Liverpool Street.
Within the City residents can chose from three shopping complexes to include the vibrant Bond Street area where you will find an array of river fronted restaurants, designer outlets, a John Lewis store and Everyman cinema.
Also within walking distance is Virgin Active gym and the sought after Moulsham Street with its assortment of eateries, bars and convenience shopping facilities.
Tenure: Leasehold Lease: The property was built with a 199 year lease commencing 25/3/1967 .
There are 140 years remaining Service Charge: For the period of 1/1/26 – 31/12/26 the service charge is approx £960. We are currently awaiting confirmation of this from the seller..
The service charge is reviewed annually. Ground Rent: £10.50per annum. No review clause has been identified within the available lease documentation, subject to verification.
Band B is the council tax band for this property with an annual amount of £1,686.09 The Nitty Gritty (Minion Edition) Bello!
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Entrance Hallway Communal Entrance and Landing Lounge/Diner 14' 8" x 12' 2" (4.47m x 3.71m) Kitchen/Breakfast Room 12' 0" x 6' 10" (3.66m x 2.08m) Bedroom 11' 7" x 11' 5" (3.53m x 3.48m) Shower/WC Garage and Parking 16' 8" x 7' 11" (5.08m x 2.41m) Appx garage measurement
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
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FAQ
About New Writtle Street, Chelmsford
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