Sold STC Flat

87 HAIG COURT

CHELMSFORD, ESSEX CM2 0BJ

2 beds 1 baths 54 m² Listed 19 May 2025 (-427d)

£140,000

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# 2 bedroom apartment for sale (CM2 0BJ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 87 HAIG COURT, CHELMSFORD, ESSEX CM2 0BJ |
| Price | £140,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | TBC |
| Last sold | £130,000 Oct 2025 |

## Description

Cash Buyers Only!

Offering 582 sq. ft of living space, this two bedroom apartment is being marketed with the advantage of no onward chain.

The property is located just 0.62 mile from Chelmsford Station, within good proximity of the town centre.

We have been advised by the vendor there are around 43 years remaining on the lease.

GROUND RENT - £22.50 Per annum

SERVICE CHARGE: £120 Per month

COUNCIL TAX BAND: B

## Property Photos

- ![Front Of Property](/listings/photos/162132851/1042819) - Front Of Property
- ![Staged Lounge/Diner](/listings/photos/162132851/1042820) - Staged Lounge/Diner
- ![Kitchen](/listings/photos/162132851/1042821) - Kitchen
- ![Bathroom](/listings/photos/162132851/1042822) - Bathroom
- ![Communal Garden](/listings/photos/162132851/1042823) - Communal Garden
- ![Staged Bedroom](/listings/photos/162132851/1042824) - Staged Bedroom
- ![Picture No. 04](/listings/photos/162132851/1042825) - Picture No. 04
- ![Picture No. 06](/listings/photos/162132851/1042826) - Picture No. 06
- ![Picture No. 07](/listings/photos/162132851/1042827) - Picture No. 07
- ![Picture No. 08](/listings/photos/162132851/1042828) - Picture No. 08
- ![Picture No. 09](/listings/photos/162132851/1042829) - Picture No. 09
- ![Picture No. 10](/listings/photos/162132851/1042830) - Picture No. 10
- ![Picture No. 11](/listings/photos/162132851/1042831) - Picture No. 11
- ![Picture No. 12](/listings/photos/162132851/1042832) - Picture No. 12
- ![Picture No. 13](/listings/photos/162132851/1042833) - Picture No. 13
- ![Picture No. 14](/listings/photos/162132851/1042834) - Picture No. 14
- ![Picture No. 16](/listings/photos/162132851/1042835) - Picture No. 16
- ![Picture No. 17](/listings/photos/162132851/1042836) - Picture No. 17
- ![Picture No. 18](/listings/photos/162132851/1042837) - Picture No. 18
- ![Picture No. 19](/listings/photos/162132851/1042838) - Picture No. 19

## Floorplans

- ![Floorplan](/listings/photos/162132851/1042839) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/162132851/1042840) - EPC Rating Graph

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 87 HAIG COURT, CHELMSFORD, ESSEX, CM2 0BJ | £130,000 | 24/10/2025 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 136 PARKINSON DRIVE, CHELMSFORD, ESSEX, CM1 3GS | £185,000 | 13/11/2025 | Flat |
| 31 STAPLEFORD CLOSE, CHELMSFORD, ESSEX, CM2 0RB | £170,000 | 12/09/2025 | Flat |
| 25 PERRIN PLACE, CHELMSFORD, ESSEX, CM2 0BU | £105,000 | 17/07/2024 | Flat |
| 109 BRADFORD STREET, CHELMSFORD, ESSEX, CM2 0XU | £185,000 | 20/12/2023 | Flat |
| 182 PARKINSON DRIVE, CHELMSFORD, ESSEX, CM1 3GS | £235,000 | 20/12/2023 | Flat |
| 58 STAPLEFORD CLOSE, CHELMSFORD, ESSEX, CM2 0RB | £200,000 | 23/11/2023 | Flat |
| 110 BRADFORD STREET, CHELMSFORD, ESSEX, CM2 0XU | £200,000 | 09/11/2023 | Flat |
| 8 PERRIN PLACE, CHELMSFORD, ESSEX, CM2 0BU | £155,000 | 19/10/2023 | Flat |
| 58 STAPLEFORD CLOSE, CHELMSFORD, ESSEX, CM2 0RB | £211,000 | 31/05/2023 | Flat |
| [Same street] 66 HAIG COURT, CHELMSFORD, ESSEX, CM2 0BJ | £207,500 | 19/05/2023 | Flat |
| 73 STAPLEFORD CLOSE, CHELMSFORD, ESSEX, CM2 0RB | £125,000 | 20/12/2022 | Flat |
| 156 PARKINSON DRIVE, CHELMSFORD, ESSEX, CM1 3GS | £186,000 | 14/12/2022 | Flat |
| 5 BAKER STREET, CHELMSFORD, ESSEX, CM2 0SA | £235,000 | 30/11/2022 | Flat |
| 118 PARKINSON DRIVE, CHELMSFORD, ESSEX, CM1 3GS | £190,000 | 01/11/2022 | Flat |
| 116 PARKINSON DRIVE, CHELMSFORD, ESSEX, CM1 3GS | £190,000 | 21/10/2022 | Flat |
| 114 PARKINSON DRIVE, CHELMSFORD, ESSEX, CM1 3GS | £200,000 | 17/10/2022 | Flat |
| KENWOOD HOUSE, 213 FLAT 1 NEW LONDON ROAD, CHELMSFORD, ESSEX, CM2 0AJ | £267,000 | 12/10/2022 | Flat |
| [Same street] 84 HAIG COURT, CHELMSFORD, ESSEX, CM2 0BJ | £226,000 | 12/08/2022 | Flat |
| 29 STAPLEFORD CLOSE, CHELMSFORD, ESSEX, CM2 0RB | £274,500 | 28/07/2022 | Flat |
| 198 UPPER BRIDGE ROAD, CHELMSFORD, ESSEX, CM2 0RU | £268,000 | 23/06/2022 | Flat |
| KENWOOD HOUSE, 213 FLAT 4 NEW LONDON ROAD, CHELMSFORD, ESSEX, CM2 0AJ | £258,500 | 16/06/2022 | Flat |
| 45 HAIG COURT, CHELMSFORD, ESSEX, CM2 0BH | £210,000 | 09/05/2022 | Flat |

**Street average:** £216,750 (2 sales)
**Area average:** £202,500 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £224,245 (51 Flat, CM2, 2024–2026)
- **Deviation:** -37.6%

## Rental Range

*ONS Price Index of Private Rents (Chelmsford). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,301/mo
- **Realistic:** £1,445/mo
- **Optimistic:** £1,590/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Chelmsford (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £947/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, Baddow Road, CM2 | £1,600/mo | 2 | 0.65 miles | OpenRent |

**Average rent: £1,600/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 1.14% (strong)
- **Max investor price (0.8%):** £200,000
- **Target investor price (1%):** £160,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,600/mo).*

- **Gross yield:** 13.7%
- **Cost-to-rent:** 7.3×
- **Monthly cashflow:** £864/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 25.5%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -1.8%
- **10y growth:** 6%

## House Price Index (HM Land Registry)

*Official index for Chelmsford; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -2.6%
- **5y growth (index):** 4.1%
- **10y growth (index):** 16.7%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Front Of Property Staged Lounge/Diner Kitchen Bathroom Communal Garden Staged Bedroom Picture No. 04 Picture No. 06 Picture No. 07 Picture No. 08 Picture No. 09 Picture No. 10 Picture No. 11 Picture No. 12 Picture No. 13 Picture No. 14 Picture No. 16 Picture No. 17 Picture No. 18 Picture No. 19

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Property details

Tenure

LEASEHOLD (42 years remaining on lease)

Floor area

54 m²

Council tax band

TBC

Last sold

£130,000 Oct 2025

Local average

£224,245 (-37.6%)

Deprivation

Decile 7 (22,882 of 33,755)

Street crime

521 incidents within 1 mile (May 2026)

Key features

TOP FLOOR APARTMENT-
TWO BEDROOMS
15' LOUNGE/DINER-
10' KITCHEN-
12' BEDROOM ONE-
OWN GARAGE PROVIDING OFF STREET PARKING
COUNCIL TAX BAND: B

Additional details

Electricity: Mains supply
Water: Mains supply
Sewerage: Mains supply
Heating: Electric, Double glazing
Parking: Yes
Listed property: No
Flooded in last 5 years: No

Description

Cash Buyers Only!

Offering 582 sq. ft of living space, this two bedroom apartment is being marketed with the advantage of no onward chain.

The property is located just 0.62 mile from Chelmsford Station, within good proximity of the town centre.

We have been advised by the vendor there are around 43 years remaining on the lease.

GROUND RENT - £22.50 Per annum
SERVICE CHARGE: £120 Per month
COUNCIL TAX BAND: B

Listed by

Chelmsford

Balgores

Reference: 162132851

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

EPC Graphs

EPC Rating Graph

Price history

Event	Date	Price	% change
Sold	24/10/2025 (8 months ago)	£130,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
136 PARKINSON DRIVE, CHELMSFORD, ESSEX, CM1 3GS	£185,000	13/11/2025	Flat
31 STAPLEFORD CLOSE, CHELMSFORD, ESSEX, CM2 0RB	£170,000	12/09/2025	Flat
25 PERRIN PLACE, CHELMSFORD, ESSEX, CM2 0BU	£105,000	17/07/2024	Flat
109 BRADFORD STREET, CHELMSFORD, ESSEX, CM2 0XU	£185,000	20/12/2023	Flat
182 PARKINSON DRIVE, CHELMSFORD, ESSEX, CM1 3GS	£235,000	20/12/2023	Flat
58 STAPLEFORD CLOSE, CHELMSFORD, ESSEX, CM2 0RB	£200,000	23/11/2023	Flat
110 BRADFORD STREET, CHELMSFORD, ESSEX, CM2 0XU	£200,000	09/11/2023	Flat
8 PERRIN PLACE, CHELMSFORD, ESSEX, CM2 0BU	£155,000	19/10/2023	Flat
58 STAPLEFORD CLOSE, CHELMSFORD, ESSEX, CM2 0RB	£211,000	31/05/2023	Flat
Same street 66 HAIG COURT, CHELMSFORD, ESSEX, CM2 0BJ	£207,500	19/05/2023	Flat
73 STAPLEFORD CLOSE, CHELMSFORD, ESSEX, CM2 0RB	£125,000	20/12/2022	Flat
156 PARKINSON DRIVE, CHELMSFORD, ESSEX, CM1 3GS	£186,000	14/12/2022	Flat
5 BAKER STREET, CHELMSFORD, ESSEX, CM2 0SA	£235,000	30/11/2022	Flat
118 PARKINSON DRIVE, CHELMSFORD, ESSEX, CM1 3GS	£190,000	01/11/2022	Flat
116 PARKINSON DRIVE, CHELMSFORD, ESSEX, CM1 3GS	£190,000	21/10/2022	Flat
114 PARKINSON DRIVE, CHELMSFORD, ESSEX, CM1 3GS	£200,000	17/10/2022	Flat
KENWOOD HOUSE, 213 FLAT 1 NEW LONDON ROAD, CHELMSFORD, ESSEX, CM2 0AJ	£267,000	12/10/2022	Flat
Same street 84 HAIG COURT, CHELMSFORD, ESSEX, CM2 0BJ	£226,000	12/08/2022	Flat
29 STAPLEFORD CLOSE, CHELMSFORD, ESSEX, CM2 0RB	£274,500	28/07/2022	Flat
198 UPPER BRIDGE ROAD, CHELMSFORD, ESSEX, CM2 0RU	£268,000	23/06/2022	Flat
KENWOOD HOUSE, 213 FLAT 4 NEW LONDON ROAD, CHELMSFORD, ESSEX, CM2 0AJ	£258,500	16/06/2022	Flat
45 HAIG COURT, CHELMSFORD, ESSEX, CM2 0BH	£210,000	09/05/2022	Flat

Street average: £216,750 (2 sales)

Area average: £202,500 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -1.8%

10y growth 6%

House Price Index (HM Land Registry — official index, not sold-price averages): Chelmsford. Series: Flats and maisonettes. As of April 2026.

1y (index) -2.6%

5y (index) 4.1%

10y (index) 16.7%

Rental Range

Estimated market rent for Chelmsford. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,301/mo

Realistic £1,445/mo

Optimistic £1,590/mo

Based on Local Authority from postcode lookup → Chelmsford.

LHA (30th percentile) floor for Chelmsford: £947/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View CM2 0BJ

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Queen Street	0.1 miles
Bus stop	South Lodge Hotel	0.1 miles
Shop	The Specs Factory	0.2 miles
Shop	Russell Moore Interiors	0.3 miles
Train station	Chelmsford	0.6 miles
University	Writtle School of Design	1.6 miles
Hospital	Springfield Hospital	2.0 miles
University	Writtle University College Cow Watering Campus	2.5 miles
Train station	Beaulieu Park	3.2 miles
Hospital	Chelmer Clinic	3.4 miles

Street-level crime

Category	Count
Violence and sexual offences	182
Shoplifting	74
Anti-social behaviour	61
Public order	53
Drugs	41
Other theft	29
Criminal damage and arson	16
Other crime	13
Vehicle crime	13
Burglary	12
Robbery	10
Possession of weapons	7
Bicycle theft	5
Theft from the person	5
Total incidents	521

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
St Cedd's School	Other	0.1 miles	— (No rating)
St Anne's School	Other	0.1 miles	— (No rating)
Our Lady Immaculate Catholic Primary School	Primary	0.2 miles	Good — 24 Jun 2013
Chelmsford College	Other	0.3 miles	— (No rating)
Community College Initiative Ltd	Other	0.3 miles	— (No rating)

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
2 Bed Flat, Baddow Road, CM2	£1,600/mo	2	0.65 miles	OpenRent

Average rent: £1,600/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.14%

Max investor price (0.8%) £200,000

Target investor price (1%) £160,000

Gross yield 13.7%

Cost-to-rent ratio 7.3×

Monthly cashflow £864/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 25.5%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).