We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom house · CM2 6XP
Listing removedReduced £25k (−4.3%) on 8 SepListed 191 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Quote CC0810 when calling to view Spacious Four Double Bedroom Family Home in a Quiet Chelmer Village Setting Guide price of £600,000 to £615,000 Located in the ever popular Chelmer Village, at the desirable Chancellor Park end of Peers Square, this beautifully arranged four double bedroom home offers generous living space across three floors, perfect for modern family life.
Ground Floor As you step into the welcoming entrance hall, you’ll find a convenient ground floor W/C, ideal for busy households.
The lounge to the right provides a cosy space for relaxing evenings, while the kitchen to the left is well-positioned for day-to-day family living.
Both rooms lead through to the standout feature of the home, a stunning rear extension with bifold doors, that opens up the space to create a seamless indoor–outdoor feel.
Flooded with natural light, this space is perfect for entertaining, family meals, or simply spending time together.
First Floor The first floor offers two spacious double bedrooms, including a principal bedroom with en-suite, providing a peaceful retreat for parents.
Second Floor The second floor continues to cater for family needs with two further double bedrooms and a modern family bathroom — ideal for children, guests, or even a home office setup.
Outside The bifold doors open onto a private and secluded garden, offering a safe and enjoyable space for children to play and for summer gatherings.
The garden also provides access to the garage, adding further practicality.
Location The location is perfectly suited for families, tucked away in a quiet residential area yet within easy reach of highly regarded schools, local amenities, and just a short distance from Chelmsford city centre.
This is a fantastic opportunity to secure a spacious, versatile home that perfectly balances family living with stylish entertaining.
Disclaimer: Measurements are approximate and provided for guidance only. No responsibility is taken for errors or omissions.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 4, Peers Square, Chelmsford
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