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Area statsGuide price
£1,800,0009 bedroom block of apartments for sale
Broomfield Road, Chelmsford CM1
Recently added
Block of apartments
9 beds
9 baths
430
EPC rating: B
Key information
Tenure: Freehold
Council tax: Ask agent
Broadband: Ultra-fast 330Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
- 4 parking spaces available all achieving £100 per month each
- Freehold residential block
- Current income: £107,000 pa (approx.)
- Fully let – no voids
- No rent arrears or historic defaults
- 9 × 1-bedroom apartments
A rare opportunity to acquire a freehold block of nine self-contained one-bedroom apartments, located on the edge of Chelmsford town centre, offering a strong, stable and fully compliant investment.
The building comprises 9 × one-bedroom flats, all of which meet National Space Standards and benefit from a minimum EPC rating of ‘C’, ensuring the property is fully compliant with current and proposed rental legislation.
The block is fully let, producing a current income of approximately £107,000 per annum, with two tenancies due for rent review in April, offering immediate rental growth potential.
Investment Summary
Freehold residential block
9 × 1-bedroom apartments
Fully let – no voids
Current income: £107,000 pa (approx.)
4 parking spaces available all achieving £100 per month each
Two rent reviews pending
Gross yield: approx. 6%
No rent arrears or historic defaults
No letting fees – properties already let
This represents a clean, low-maintenance investment, ideal for investors seeking secure income with long-term capital value.
The property is positioned on the edge of Chelmsford town centre, offering excellent access to transport links, amenities, and employment centres, ensuring continued tenant demand and strong rental performance.
Additional Information.
Freehold included
EPCs available for all units
Fully compliant with current rental regulations
Rent schedule available on request
The building comprises 9 × one-bedroom flats, all of which meet National Space Standards and benefit from a minimum EPC rating of ‘C’, ensuring the property is fully compliant with current and proposed rental legislation.
The block is fully let, producing a current income of approximately £107,000 per annum, with two tenancies due for rent review in April, offering immediate rental growth potential.
Investment Summary
Freehold residential block
9 × 1-bedroom apartments
Fully let – no voids
Current income: £107,000 pa (approx.)
4 parking spaces available all achieving £100 per month each
Two rent reviews pending
Gross yield: approx. 6%
No rent arrears or historic defaults
No letting fees – properties already let
This represents a clean, low-maintenance investment, ideal for investors seeking secure income with long-term capital value.
The property is positioned on the edge of Chelmsford town centre, offering excellent access to transport links, amenities, and employment centres, ensuring continued tenant demand and strong rental performance.
Additional Information.
Freehold included
EPCs available for all units
Fully compliant with current rental regulations
Rent schedule available on request
Property information from this agent
Area statistics
Crime score
High crime
10/10
About this agent
Oakheart Property was launched back in 2020, quickly becoming the fastest-growing estate agent in Colchester. Our growth has led us to open branches in Chelmsford, Mersea, Sudbury and Bury St Edmunds, along with a Lettings and Land & New Homes department. Over the years, we have helped countless clients sell their properties quickly, and put down their roots in new homes. With a fantastic team that together has years of experience and knowledge in the property industry, Oakheart is renowned for its friendly approach and fantastic communication with clients, ensuring the buying and selling process is stress-free for all.