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 work3-bedroom bungalow · CM1 7DY
Listing removedListed 342 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE £425,000 - £450,000 LOCATION Situated in a quiet cul de sac, the property has all your day to day needs, combined with the peace of country living.
Local shops, a primary and secondary school and a pub/restaurant are all within walking distance, with Chelmsford's bustling city centre and mainline station being a short drive in one direction and Broomfield Hospital in the other, with the A120 to the M11 or Stansted Airport being just beyond.
The area is ideal for dog walkers, cyclists or those wanting to get the children out in the fresh air with countryside and local walks and cycle routes being on your doorstep.
OVERVIEW OF ACCOMMODATION The good sized Entrance Hall has a door to the open plan living space and another to the Inner Hall from which all the other rooms are accessed.
Whilst the Lounge/Dining Room is open plan to the Kitchen, they are very much distinct areas with the lounge space flowing into the dining area which then has bi folding doors opening up out to the Rear Garden.
The Kitchen itself has a bright feel to it, thanks to the vaulted ceiling with Velux windows, and is fitted with a range of modern matching wall and base units, has integrated appliances and a breakfast bar.
Bedrooms One and Two are both good sized doubles (with Bedroom Two having full width fitted wardrobes). whilst Bedroom Three is a small double or a very good sized single.
The Shower Room has been very well remodelled with double shower cubicle, low flush w/c and washbasin with storage under.
The property comes with a great sized rear garden, ideal to let the kids or dogs run about, is laid to lawn and enclosed by panel fencing with gated side access out to the front.
Parking is available on the road.
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.
AGENTS NOTE - ANTI MONEY LAUNDERING OBLIGATIONS 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.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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