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See how verdicts work2-bedroom house · CM3 3LY
Listing removedListed 209 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautifully positioned and much updated detached chalet bungalow, enjoys far-reaching views across open countryside and the neighbouring golf course.
Approached via a quiet country lane, the property occupies a peaceful semi-rural setting surrounded by mature trees and established gardens.
A gravel driveway provides off-road parking and leads to the rear garden and detached timber garage.
There is excellent potential for further enhancement or extension (subject to the necessary consents).
The entrance hall leads to the cloakroom and sitting room, which in turn, offers access to the ground floor bedroom, study, kitchen/diner and stairs to the first floor.
The sitting room has double-glazed windows to the side and front and is centred around a red brick fireplace with tiled hearth and wooden mantel.
Leading from the sitting room is the study with dual aspect double glazed windows and has plumbing for a washing machine. The ground floor bedroom has a double-glazed window.
The kitchen/diner is thoughtfully designed to maximise the space and natural light with a range of wall and base units, additional cupboard space and work surfaces.
There is a built-in oven, electric hob with extractor fan, tiled splashback, sink with mixer tap, integrated appliances, space for an American-style fridge freezer and there is space for a dining table.
The kitchen has a door to the side and French doors to the rear garden. The first floor landing leads to bedroom two and a shower room.
Bedroom two has a front aspect double glazed window, fitted wardrobes and storage space in the eaves.
The shower room is part-tiled with a three-piece suite comprising low level WC, wash hand basin with mixer tap, storage and large shower cubicle.
Outside To the front of the property there is a gravel drive which provides off-road parking and leads to the garage/workshop, there is also an area of lawn.
The rear garden is mostly laid to lawn, with a pathway leading to the garage.
The garage and workshop have power and light connected and the garage has a room above it which could be adapted to suit the new owner.
Location Little Waltham is a picturesque village on the outskirts of Chelmsford with local amenities including The White Hart Public House and a doctors surgery.
It has excellent road links to the Chelmsford City centre which offers an extensive range of shopping and leisure facilities including Chelmsford city racecourse along with a wide variety of cafes and restaurants.
There is a park and ride close by with services to Anglia University, Chelmsford railway station and the city centre, along with further bus services to the city and Stansted Airport.
For the commuter, Chelmsford’s mainline station offers a frequent service to London’s Liverpool Street (approximate journey time 35 minutes).
The area provides both primary and secondary schooling along with two excellent Grammar Schools. In the private sector, New Hall School and Felsted are also within a reasonable proximity.
Directions Please use postcode CM3 3LY for SatNav.
What3words: ///chemistry.guilty.closes Important Information Council Tax Band – D EPC Rating - E Services - We understand that mains water and electricity are connected to the property.
Drainage is via septic tank.
Tenure - Freehold Our ref - CHE250280 Agent's note There is a right of way through the garden of Boden house to access the extension and a further right of way to access the septic tank which is in a neighbours garden
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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.
Area
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FAQ
About Rainbow Cottage,, Wheelers Hill, Chelmsford
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