Standout Features
- Located Walking Distance to City Centre
- Rental Income approx. £950,000 per Annum
- Parking Available
- Modern Apartment
- Parking Spaces with Each Apartment
- Additional Car Park Available (enq. for info)
Property Description
PRIME CHELMSFORD RESIDENTIAL INVESTMENT OPPORTUNITY An exceptional opportunity to acquire a substantial freehold residential investment comprising 65 fully let apartments in the heart of Chelmsford city centre.
Generating approximately £950,000 per annum gross rental income, Ashby House represents a rare chance to secure a large-scale income-producing asset within one of the South East's strongest and most established rental markets.
The Grade II Listed building comprises a mix of studio and one-bedroom apartments, all currently occupied, providing immediate and reliable income from day one. The property also benefits from 68 parking spaces and occupies a highly desirable location adjacent to Anglia Ruskin University and within walking distance of Chelmsford railway station and city centre amenities.
Investment opportunities of this scale are rarely available in Chelmsford, particularly those offering a combination of strong existing income, full occupancy and long-term asset management potential.
KEY INVESTMENT HIGHLIGHTS - Freehold residential investment
- 65 income-producing apartments included within the sale
- Fully occupied with tenants in situ
- Approximate gross rental income of £950,000 per annum
- Grade II Listed landmark building
- 68 parking spaces
- Prime city centre location
- Adjacent to Anglia Ruskin University
- Walking distance to Chelmsford railway station
- Strong underlying tenant demand
- Three additional leasehold flats contributing towards service charge income
- Potential acquisition of the existing limited company structure, subject to agreement
LOCATION Chelmsford is one of Essex's most desirable and economically active cities, benefiting from excellent transport links to London, a growing professional population and sustained demand for quality rental accommodation. Ashby House occupies a prominent position on Brook Street, directly neighbouring Anglia Ruskin University and within easy reach of the city's retail, leisure and employment centres.
OPPORTUNITY This is a rare opportunity to acquire a high-performing residential investment asset offering immediate income, strong occupancy levels and long-term capital growth potential in a prime South East location.
Further information available upon request.
Generating approximately £950,000 per annum gross rental income, Ashby House represents a rare chance to secure a large-scale income-producing asset within one of the South East's strongest and most established rental markets.
The Grade II Listed building comprises a mix of studio and one-bedroom apartments, all currently occupied, providing immediate and reliable income from day one. The property also benefits from 68 parking spaces and occupies a highly desirable location adjacent to Anglia Ruskin University and within walking distance of Chelmsford railway station and city centre amenities.
Investment opportunities of this scale are rarely available in Chelmsford, particularly those offering a combination of strong existing income, full occupancy and long-term asset management potential.
KEY INVESTMENT HIGHLIGHTS - Freehold residential investment
- 65 income-producing apartments included within the sale
- Fully occupied with tenants in situ
- Approximate gross rental income of £950,000 per annum
- Grade II Listed landmark building
- 68 parking spaces
- Prime city centre location
- Adjacent to Anglia Ruskin University
- Walking distance to Chelmsford railway station
- Strong underlying tenant demand
- Three additional leasehold flats contributing towards service charge income
- Potential acquisition of the existing limited company structure, subject to agreement
LOCATION Chelmsford is one of Essex's most desirable and economically active cities, benefiting from excellent transport links to London, a growing professional population and sustained demand for quality rental accommodation. Ashby House occupies a prominent position on Brook Street, directly neighbouring Anglia Ruskin University and within easy reach of the city's retail, leisure and employment centres.
OPPORTUNITY This is a rare opportunity to acquire a high-performing residential investment asset offering immediate income, strong occupancy levels and long-term capital growth potential in a prime South East location.
Further information available upon request.
Additional Information
Tenure:
Freehold
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Ashby House, Chelmsford
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