Short walk to station and university — ideal for commuter and student lets.
Freehold vacant possession with nine flats: 4x1-bed, 5x2-bed
This city-centre infill site on Legg Street offers a ready-made redevelopment opportunity: a mid-rise block of nine flats (four 1-bed, five 2-bed) with balconies and communal ground-floor areas close to Chelmsford train station and Anglia Ruskin University. The freehold is offered with vacant possession and includes off-street parking and bin/bike store provision, making the scheme attractive to buy-to-let investors or short-term lettings aimed at commuters and students.
The location is a major strength — a short walk to shops, restaurants, cinemas, and fast rail services to London (around 35 minutes). Nearby highly rated secondary schools widen appeal to professional renters and families seeking convenient city living. The building footprint and layouts indicate medium-sized apartments with practical communal cores, lift access and potential for straightforward management.
Be clear on the practical drawbacks: parts of the site include a terrace of dilapidated garages and an unkempt yard requiring demolition or refurbishment. The property is described as needing renovation and the immediate area records very high crime levels, which will affect rental demand, insurance and security costs. Broadband speeds in the area are very slow — a material consideration for modern tenants and a likely remediation cost.
Overall this is a value-driven, central Chelmsford development plot for an investor or developer prepared to carry refurbishment and security upgrades. The package suits those targeting commuter and student markets but requires capital input for building works, broadband improvement, and measures to mitigate local crime impact.
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