3-bedroom semi-detached house · CM1 2DR
For saleReduced £25k (−7.1%) on 1 OctListed 63 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide £350,000 - 375,000 location The property is conveniently located to suit those with a young family.
A parade of shops is a couple of minutes walk one way with the highly thought of Lawford Mead primary school is the other with a park and playing fields just over the road.
For older children, St John Payne secondary school and both of our sought after grammar schools are within a mile.
Chelmsford city centre with all it has to offer, including the mainline station with regular services into Stratford and Liverpool Street is just over a mile away.
Overview of accommodation The Entrance Hall has the stairs rising to the first floor, and doors to the Downstairs Toilet, Living Room, Dining Room and Kitchen.
The Living Room faces front and opens up into the Dining Room which has sliding patio doors out to the Rear Garden.
The Kitchen has windows to the side and rear, a door out to the garden and is fitted with white gloss units and has a fitted oven, hob and extractor with spaces for other appliances.
On the first floor, Bedroom One is a front facing double with built in storage, Bedrooms Two and Three both face rear and are a double and single room.
The Bathroom as had the bath removed and is now fitted with a toilet, sink and shower cubicle.
Outside, the Rear Garden has a patio area with the majority being laid to lawn and enclosed by panel fencing.
A brick built outbuilding provides storage or could possibly be converted into a home office or studio.
A side passage with gate takes you to the front of the house, meaning you can bring things in and out of the garden without going through the house.
Off road parking for two cars is provided by the driveway.
Agents note: We are legally obliged to carry out Anti Money Laundering checks on behalf of hmrc on persons or companies trying to buy a property through us.
A non-refundable charge of £48 including VAT (for up to two people) is therefore required when you have an offer accepted on a property through us.
Disclaimer With approximate measurements these particulars have been prepared in good faith by the selling agent in conjunction with the vendor(s) with the intention of providing a fair and accurate guide to the property.
However, they do not constitute or form part of an offer or contract nor may they be regarded as representations, all interested parties must themselves verify their accuracy.
No tests or checks have been carried out in respect of heating, plumbing, electric installations or any type of appliances which may be included.
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
Agent & docs
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FAQ
About 107, Melbourne Avenue, CHELMSFORD
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