Summary - Kreston House, Chelmsford CM1 1SW
2 bed 2 bath Flat
Top-floor two-bed near Chelmsford station — strong commuter rental appeal.
Top-floor two-bedroom apartment with en-suite shower
A smart, city-centre top-floor apartment ideal for investors or commuters seeking low-management rental stock. The two double bedrooms, en‑suite to the master and bright open-plan living space make the flat attractive to professionals and sharers. Sash‑style windows and a Georgian‑inspired exterior give period character while the fitted kitchen and modern finishes keep maintenance needs low.
Practical benefits include allocated underground parking and an excellent 0.2‑mile walk to Chelmsford station, delivering strong commuter demand and proven lettability. The property is offered with no onward chain and a remaining lease of 116 years, supporting mortgageability and longer-term value.
Be clear about the costs: the annual service charge is £2,338.56 and ground rent £453.63 (reviewed every five years). Council Tax is Band D (£2,167.83). Crime levels are above average for the area — important for investors to factor into tenant profiling and insurance. The flat is third floor, so access involves stairs.
Overall this 715 sq ft apartment presents a straightforward buy-to-let opportunity in a very affluent city centre location, delivering a reported net rental yield of 5.58%. It suits buyers wanting a low‑upkeep, well‑located asset with immediate rental potential, provided service charges and local crime are accepted and managed.
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