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Chelmsford, CM1

£280,000|Apartment | 2 bedroom | Leasehold|↑16.67% compared to last sold price
Approximate area: CM1
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Added on 16th June 2026 by Balgores, Chelmsford
On the market for 2 months, 27 days
Summary
** OFFERS IN EXCESS OF £280,000 ** Sold with the added advantage of NO ONWARD CHAIN. Situated just 0.4 miles from Chelmsford Train Station, this well-presented two-bedroom upper floor flat offers an excellent opportunity for first-time buyers, commuters, and investors.
Price history
2016 £240,000
£240k£260k£280k£300k201620202024Jul 26Aug 26Sep 26Asking £280,000
Sold pricesAsking price since listing
EPC data
Date of EPC: 12th July 2016 - Not valid!
EPC rating: B
Property age: 2016
EPC energy efficiency rating: current 85, potential 85
Rent data
56 properties with the same number of bedrooms and style in the same area to let
The asking rent ranges from £1,100 to £2,400 which represents a yield of between 4.7% and 10.3% if buying at the asking price
A yield of 5.2% to 11.4% if purchased for 90% of the asking price (£252,000)
A yield of 5.9% to 12.9% if purchased for 80% of the asking price (£224,000)
Stamp duty
£
Main and only residence: £4,000.00
First-time buyer: £0.00
Buy-to-let: £18,000.00
Planning applications
Checking for planning applications…
Changes to property since tracking began
On 29th July 2026 the asking price was reduced from £285,000 to £280,000
On 15th July 2026 the asking price was reduced from £290,000 to £285,000