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 house · CM2 8LE
Sold STCReduced £25k (−3.7%) on 16 SepListed 180 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious three/four bedroom detached chalet bungalow (approx 0.28 acre plot), offers flexible and well-planned accommodation across two floors, making it ideal for families or those seeking versatile living space.
The ground floor features a welcoming entrance that leads into a spacious living room, ideal for both relaxing and entertaining.
Adjacent to this is a bright and airy conservatory with convenient access from the living room.
It overlooks the rear garden, creating an excellent space for dining or enjoying the views throughout the year. Additionally, the property benefits from a well-appointed large kitchen.
There is also a separate study, ideal for home working or use as an additional bedroom if required.
A large principal bedroom benefits to easy access to the main bathroom, while further practical spaces include a utility room, additional WC, and internal storage.
Upstairs, the first floor offers two further bedrooms tucked into the eaves, providing cosy yet functional accommodation, along with additional storage areas.
Externally, the property boasts a substantial driveway offering ample off-road parking, alongside a garage for secure storage or vehicle use.
The rear garden is a particular highlight-generous in size and beautifully suited for outdoor entertaining, gardening, or family enjoyment.
Chelmsford city centre is just a short drive away, providing an extensive range of retail options including high street brands, independent boutiques, and dining establishments, as well as leisure facilities and entertainment venues.
For commuters, Chelmsford railway station offers direct and frequent services into London Liverpool Street, making it an excellent choice for those travelling into the capital.
The property is also well placed for access to highly regarded local schools, both primary and secondary, making it particularly appealing for families.
Nearby parks and open green spaces provide opportunities for outdoor activities, walking, and recreation, contributing to the area's strong community feel.
Road connections are equally convenient, with easy access to the A12 and surrounding routes, linking to neighbouring towns and cities across Essex.
Overall, this location combines accessibility, amenities, and a desirable residential setting.
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 Majorda,, Bakers Lane, Chelmsford
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