# 1 bedroom apartment for sale (CM1 6FT)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 20, WISTERIA LODGE, LUPIN DRIVE, CHELMSFORD, ESSEX CM1 6FT |
| Price | £160,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | B |
| Construction age | England and Wales: 2003-2006 |
| Floor area | 34 m² |
| Last sold | £169,995 Oct 2022 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 21/05/2036
- **Current heating cost:** £347/year

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/5236-2725-6600-0512-2222)

## Description

**GUIDE PRICE £160,000 TO £170,000** 

**OFFERED WITH NO ONWARD CHAIN**

A wonderful opportunity for someone looking to get on the property ladder or seeking a buy-to-let apartment. 

Located in the ever-popular Springfield area of North Chelmsford residents living here benefit from easy access to local amenities, Chelmsford City Centre and Beaulieu Park Train Station.

Remaining Lease 144 Years

Annual Service Charge £1,400 per annum

Peppercorn Ground Rent 

With its long lease and low service charges, this property offers wonderful value for money!

Accommodation Overview

This well-presented, SECURE, ground floor apartment comprises of entrance hallway, living room, separate kitchen, ample sized bathroom and spacious double bedroom.

This charming property has a penchant for natural light, demonstrated perfectly in the living room that features a large picture window overlooking the expansive communal gardens. 

The kitchen also looks over the communal gardens and offers an array of eye and base level cupboards. There are two good size storage cupboards at the rear of the kitchen and there is recess space and plumbing for a washing machine. Both opposing kitchen walls features attractive splash back tiling. 

The bathroom is generously proportioned and features attractive tiling, bath with shower screen, WC, and wash basin.

The ample sized double bedroom completes the downstairs accommodation and features picture window and fitted wardrobes.

OUTSIDE

The apartment block is surrounded by attractive communal gardens and there is a car park for residents.

TRANSPORT INFORMATION

Chelmsford City Centre 10-minute drive, Beaulieu Park Station 10-minute drive, Stansted Airport 25-minute drive. 

SERVICES: Mains water, Mains electricity, Main drainage, Gas central heating.

COUNCIL TAX: 

Chelmsford County Council

Band B 

£1566.78 per annum

AGENTS NOTES

Currently, there is no energy performance certificate for this property, but one will be available shortly. 

DISCLAIMER

Disclaimer: Council Tax is given as a guide only and should be checked and confirmed before exchange of contracts.

We endeavour to make our sales particulars accurate and reliable; however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. All verification of property details should be made by your legal representative for the purchase of the property to ensure that all information including but not limited to; Tenure, lease information, parking facilities, planning permission, and building regulations is accurate and correct.

The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as guide to prospective buyers only and are not precise.

Floorplans where included may not be to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.

BEAULIEU SECURE PURCHASE:

Once your offer is accepted, you can secure the property by paying a Commitment Fee of £500 (five hundred pounds) This gives you exclusive status on the purchase and protects you from gazumping, offering peace of mind during the early stages of the transaction.

When the sale completes, the fee is fully refunded. If the buyer withdraws, the fee may not be refundable in certain circumstances. Call or email us for more information.

SELLERS: The directors of Beaulieu Estate Agents have been taking commitment fees from buyers for two decades; they were one of the first estate agents in Essex to introduce this.

The national average of sales that DO NOT go through is between 25-30%. Currently between January 2025 and October 2025 our fall out rate was only 5.5%. You are five times more likely to move with us than the average agent!

## Property Photos

- ![Photo](/listings/photos/87850104/1463913)
- ![Photo](/listings/photos/87850104/1463914)
- ![Photo](/listings/photos/87850104/1463915)
- ![Photo](/listings/photos/87850104/1463916)
- ![Photo](/listings/photos/87850104/1463917)
- ![Photo](/listings/photos/87850104/1463918)
- ![Photo](/listings/photos/87850104/1463919)
- ![Photo](/listings/photos/87850104/1463920)
- ![Photo](/listings/photos/87850104/1463921)

## Floorplans

- ![Floorplan 1](/listings/photos/87850104/1463922) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/87850104/1463923) - EPC 1

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| WISTERIA LODGE FLAT 20 LUPIN DRIVE, CHELMSFORD, ESSEX, CM1 6FT | £169,995 | 20/10/2022 | Flat |
| WISTERIA LODGE FLAT 20 LUPIN DRIVE, CHELMSFORD, ESSEX, CM1 6FT | £137,500 | 27/08/2020 | Flat |
| WISTERIA LODGE FLAT 20 LUPIN DRIVE, CHELMSFORD, ESSEX, CM1 6FT | £101,000 | 29/11/2013 | 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 |
|---------|-------|------|------|
| 25 LUPIN DRIVE, CHELMSFORD, ESSEX, CM1 6YJ | £166,000 | 04/11/2025 | Flat |
| 25 AZALEA COURT, CHELMSFORD, ESSEX, CM1 6YL | £180,000 | 14/07/2025 | Flat |
| 23 LUPIN DRIVE, CHELMSFORD, ESSEX, CM1 6YJ | £117,000 | 24/11/2023 | Flat |
| 15 LUPIN DRIVE, CHELMSFORD, ESSEX, CM1 6YJ | £180,000 | 21/11/2023 | Flat |
| 12 LUPIN DRIVE, CHELMSFORD, ESSEX, CM1 6FH | £168,000 | 16/11/2023 | Flat |
| [Same street] WISTERIA LODGE FLAT 15 LUPIN DRIVE, CHELMSFORD, ESSEX, CM1 6FT | £145,000 | 11/08/2023 | Flat |
| 32 AZALEA COURT, CHELMSFORD, ESSEX, CM1 6YL | £190,000 | 04/08/2023 | Flat |
| 49 CANVEY WALK, CHELMSFORD, ESSEX, CM1 6LB | £210,000 | 22/12/2022 | Flat |
| 9 LUPIN DRIVE, CHELMSFORD, ESSEX, CM1 6YJ | £168,000 | 09/12/2022 | Flat |
| 20 LUPIN DRIVE, CHELMSFORD, ESSEX, CM1 6FH | £190,000 | 30/11/2022 | Flat |
| 28 CANVEY WALK, CHELMSFORD, ESSEX, CM1 6LB | £205,000 | 08/09/2022 | Flat |
| 55 CANVEY WALK, CHELMSFORD, ESSEX, CM1 6LB | £210,000 | 19/08/2022 | Flat |
| 28 THE RAY, CHELMSFORD, ESSEX, CM1 6JU | £225,000 | 23/06/2022 | Flat |
| 59 CANVEY WALK, CHELMSFORD, ESSEX, CM1 6LB | £235,000 | 22/06/2022 | Flat |
| 23 AZALEA COURT, CHELMSFORD, ESSEX, CM1 6YL | £195,000 | 14/06/2022 | Flat |
| 28 AZALEA COURT, CHELMSFORD, ESSEX, CM1 6YL | £182,000 | 13/05/2022 | Flat |
| 11 AZALEA COURT, CHELMSFORD, ESSEX, CM1 6YL | £170,000 | 11/05/2022 | Flat |
| 1 LUPIN DRIVE, CHELMSFORD, ESSEX, CM1 6YJ | £160,000 | 26/04/2022 | Flat |
| WOODROSE LODGE FLAT 2 LUPIN DRIVE, CHELMSFORD, ESSEX, CM1 6FS | £165,000 | 14/04/2022 | Flat |
| 33 CANVEY WALK, CHELMSFORD, ESSEX, CM1 6LB | £189,500 | 30/03/2022 | Flat |
| 128 LUPIN DRIVE, CHELMSFORD, ESSEX, CM1 6FJ | £140,000 | 29/03/2022 | Flat |
| [Same street] WISTERIA LODGE FLAT 4 LUPIN DRIVE, CHELMSFORD, ESSEX, CM1 6FT | £178,000 | 27/01/2022 | Flat |

**Street average:** £161,500 (2 sales)
**Area average:** £182,275 (20 sales)

## Price vs local average

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

- **Local average:** £234,780 (91 Flat, CM1, 2024–2026)
- **Deviation:** -31.9%

## Rental Range

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

- **Low:** £1,302/mo
- **Realistic:** £1,447/mo
- **Optimistic:** £1,592/mo

## LHA (Local Housing Allowance)

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

- **LHA floor (this property size):** £793/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 |
|------|------|------|------|------|
| 1 Bed Terraced House, Vermeer Ride, CM1 | £1,200/mo | 1 | 0.42 miles | OpenRent |
| 1 Bed Terraced House, Vermeer Ride, CM1 | £1,200/mo | 1 | 0.42 miles | OpenRent |
| Studio Flat, Downsway, CM1 | £830/mo | 1 | 0.56 miles | OpenRent |
| 1 Bed Semi-Detached House, Cook Place, CM2 | £1,200/mo | 1 | 0.66 miles | OpenRent |
| 1 Bed Semi-Detached House, Cook Place, CM2 | £1,200/mo | 1 | 0.66 miles | OpenRent |

**Average rent: £1,126/mo (5 listings)**

## 1% Rule

- **Rent ratio:** 0.75% (weak for cashflow)
- **Max investor price (0.8%):** £150,000
- **Target investor price (1%):** £120,000

*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 £1,200/mo).*

- **Gross yield:** 9%
- **Cost-to-rent:** 11.1×
- **Monthly cashflow:** £425/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 11%

*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).*

## Price per Square Metre

- **£/m²:** £4,706/m²

## Capital growth trend

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

- **5y growth:** -5.4%
- **10y growth:** 6.3%

## 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)