1 bed flat for sale

Marconi Plaza, Chelmsford CM1

Location

Located close to Chelmsford City Centre, the property benefits from immediate access to a wide range of amenities including shopping, restaurants, bars, and leisure facilities.

Chelmsford is widely regarded as one of Essex’s prime commuter locations, with fast rail connections into London Liverpool Street, typically in under 40 minutes. This consistent demand from London-based professionals underpins strong rental performance and long-term capital growth potential.

The combination of city convenience, connectivity, and tenant demand makes this an increasingly popular choice for buy-to-let investors.

Overview of accommodation

Sold with a tenant already in occupation, this is a ready-made buy-to-let opportunity, ideal for investors seeking immediate returns without the delays of sourcing or letting.

The apartment is set within a modern development and offers well-configured accommodation, including a bright open-plan living and kitchen space fitted with integrated appliances, designed to meet the expectations of today’s rental market.

The bedroom is a well-proportioned double with built-in storage, complemented by a contemporary bathroom featuring quality fittings and a heated towel rail.

Residents benefit from access to an on-site gym and concierge service, both of which enhance tenant demand and help support consistent occupancy levels.

Crucially, the property is located within easy walking distance of train station, providing fast and convenient access into London, making it particularly attractive to commuting professionals.

With annual outgoings of approximately £3,378 and an EPC rating of B, the property delivers an estimated net yield of 5.7%–5.8%, offering a solid balance of return and efficiency.

Council Tax Band C

lease details

Lease length 134 years remaining

Ground Rent £217 per year

Service Charge £3378 per year

disclaimer

With approximate measurements these particulars have been prepared in good faith by the selling agent in conjunction with the vendor(s) with the intention of providing a fair and accurate guide to the property. However, they do not constitute or form part of an offer or contract nor may they be regarded as representations, all interested parties must themselves verify their accuracy. No tests or checks have been carried out in respect of heating, plumbing, electric installations or any type of appliances which may be included.