Unit 3, The Old Joinery
Maldon Road
Colchester
Essex
CO2 0LT
Broomfield Road, Chelmsford
Price Guide £1,800,000
9 Bedroom Block of Flats
- 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
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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