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 terraced house · CM2 9NX
For saleReduced £15k (−4.1%) on 23 SepListed 56 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Open house Saturday 5th September 11-12pm ** Nestled in the desirable area of Laburnum Drive, Chelmsford, this charming mid-terrace house presents an excellent opportunity for families and professionals alike.
The property boasts three well-proportioned bedrooms, providing ample space for relaxation and rest.
The open plan lounge diner is a standout feature, creating a welcoming atmosphere perfect for entertaining guests or enjoying family meals.
This home has been well looked after, ensuring that it is ready for you to move in and make it your own.
The large garden offers a wonderful outdoor space, ideal for children to play or for hosting summer barbecues.
Additionally, the convenience of off-road parking adds to the appeal, making daily life that little bit easier.
Situated in a sought-after location, this property is close to a variety of shops and amenities, ensuring that all your daily needs are within easy reach.
Whether you are looking for a peaceful retreat or a vibrant community, this home offers the best of both worlds.
Do not miss the chance to view this delightful property, which combines comfort, convenience, and charm in one attractive package.
Accommodation Hallway (3.30m x 1.70m (10'10 x 5'7)) Obscure double glazed door to front. Radiator. Under stairs storage cupboard. Laminate flooring. Stairs to first floor.
Kitchen (2.97mx2.31m (9'9x7'7)) Double glazed window and door to rear. Units to eye and base level. Laminate work surfaces. Electric hob & oven.
Stainless steel sink unit with mixer taps and drainer. Washing machine. Laminate flooring. Lounge/Diner (6.88m x 3.35m (22'7 x 11'0)) Double glazed windows to front. Double glazed doors to rear.
Electric fireplace. Radiators. Laminate flooring. Landing (3.02m x 1.17m (9'11 x 3'10)) Stairs to ground floor. Loft access. Bedroom One (3.86m x 3.15m (12'8 x 10'4)) Double glazed windows to front.
Radiator. Laminate flooring. Bedroom Two (3.12m x 3.00m (10'3 x 9'10)) Double glazed window to rear. Radiator. Storage cupboard. Laminate flooring.
Bedroom Three (3.05m x 2.36m (10'0 x 7'9)) Double glazed window to front. Radiator. Laminate flooring. Bathroom (1.70m x 1.68m (5'7 x 5'6)) Obscure double glazed window to rear.
Two piece suite comprising Panelled bath and wash hand basin. Radiator. Fully tiled walls. Laminate flooring. Wc (1.35m x 0.86m (4'5 x 2'10)) Obscure double glazed window to rear.
White low level WC Part tiled walls. Laminate flooring. Exterior Rear Garden Commencing paved patio area. Remainder laid to lawn. Fences to all boundaries .
Driveway Paved driveway providing parking for two cars. Various plants and shrubs. Access to rear 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
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
Agent & docs
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FAQ
About 38, Laburnum Drive, Chelmsford
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