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.
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01245 800189
Oakheart Land Branch
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At a glance...
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
Description
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 spa...
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
Energy performance information
Current Efficiency
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Potential Efficiency
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Current Impact
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Potential Impact
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