
Marconi Plaza

- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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Key features
- INVESTORS ONLY!
- TENANT IN PLACE - IMMEDIATE INCOME
- CITY CENTRE
- ONE BEDROOM APARTMENT
- £14,400 ANNUAL RENTAL INCOME
- CIRCA 7.6% GROSS YIELD
- WALKING DISTANCE TO STATION
- RESIDENTS GYM
- CONCIERGE
- CHAIN FREE
Description
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.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Marconi Plaza
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Visit our security centre to find out moreDisclaimer - Property reference L821883. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Charles David Casson, Chelmsford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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