We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · CM1 2GJ
Sold STCListed 277 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Searching for a modern, well connected home in Chelmsford?
This contemporary one bedroom apartment, located in the popular CM1 postcode, offers comfortable, low maintenance living with the added benefits of allocated parking and access to a communal garden, ideal for professionals, first time buyers or investors alike.
The apartment opens into a bright and well proportioned kitchen living area, thoughtfully laid out to accommodate both relaxing and dining.
Large windows allow plenty of natural light to flow through the space, creating a welcoming atmosphere throughout the day.
The kitchen is neatly arranged with practical worktop space and storage, making everyday cooking both easy and efficient.
The bedroom is a comfortable double, providing a calm and private retreat, with space for essential furniture and storage.
A well presented bathroom completes the accommodation, finished in a clean, functional style that suits modern living.
Externally, residents benefit from allocated parking, an increasingly valuable feature in this sought after area, as well as use of a communal garden, offering a pleasant outdoor space to enjoy during warmer months.
Situated within easy reach of Chelmsford city centre, the apartment enjoys excellent access to a wide range of shops, restaurants, cafes and leisure facilities.
Chelmsford railway station is close by, providing fast and frequent services into London Liverpool Street, making this an ideal base for commuters.
Local parks, amenities and everyday essentials are also conveniently nearby, supporting a balanced and connected urban lifestyle.
Additional Property Information Guide price of £160,000 - £170,000 Tenure: Leasehold Lease 125 years from 1st January 2007 Service Charge: £1,476 per annum Ground Rent: £250 per annum Important information on Anti-Money Laundering Check We are required by law to conduct Anti-Money Laundering checks on all parties involved in the sale or purchase of a property.
We take the responsibility of this seriously in line with HMRC guidance in ensuring the accuracy and continuous monitoring of these checks.
Our partner, Move Butler will carry out the initial checks on our behalf.
They will contact you and where possible a biometric check will be sent to you electronically only once your offer has been accepted.
As an applicant, you will be charged a non-refundable fee of £30 (inclusive of VAT) per buyer for these checks. The fee covers data collection, manual checking, and monitoring.
You will need to pay this amount direct to Move Butler and complete all Anti-money Laundering checks before your offer can be formally accepted.
You will also be required to provide evidence of how you intend to finance your purchase prior to a formal acceptance of any offer. Quote reference MB0473
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Chiltern Close, Chelmsford, CM1 2GJ
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