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See how verdicts work2-bedroom property · CM3 6DD
For saleListed 9 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
If you are looking to downsize, retire, or simply enjoy a more relaxed lifestyle without compromising on quality, this distinctive two-bedroom home could be just what you are looking for.
Occupying an enviable position overlooking an approximately 400-foot field and vineyard, with beautiful views towards the River Crouch, the property offers a rare combination of privacy, scenery and modern living.
The home has been fully renovated approximately three years ago, with considerable attention to detail and no expense spared.
The accommodation includes two double bedrooms, an en-suite, and a spacious open-plan kitchen and living area with a central island.
Two sets of double patio/French doors open onto a wraparound balcony, creating a wonderful connection between the indoor and outdoor spaces.
The balcony features glass balustrades, allowing the surrounding views to be enjoyed without obstruction, while also providing easy wheelchair access.
Energy Efficiency & Running Costs One of the property's particularly attractive features is its relatively low ongoing cost of ownership.
The property benefits from fully owned solar panels with 10kW of battery storage, together with an off-grid switch, providing the option for the home to operate independently of the mains grid when required.
Gas and electricity are currently supplied by Octopus Energy.
The stated running costs are: Council Tax – Band A: £128 per month / £1,536 per year Ground Rent, including water & sewerage: £191.08 per month / £2,292.96 per year Gas & Electricity: £50 per month / £600 per year Total stated running costs: £369.08 per month Approximately £92.27 per week / £4,428.96 per year Figures supplied for the property and should be independently verified by prospective purchasers.
Outside The gardens are a particularly special feature, with an established Koi pond and a mature collection of planting including olive trees, palms, yuccas, trees, plants and established vines.
Inside, the lounge is centred around a fitted log burner, creating a warm and welcoming focal point.
The property also benefits from thoughtfully designed exterior and interior lighting, reflecting the current owners' particular attention to presentation.
A viewing later in the day is recommended to appreciate both the daytime views and the evening lighting.
Kitchen & Appliances The kitchen was fitted as part of the recent renovation and includes an open-plan layout with island.
A number of the existing appliances can be included if required, including the double fridge/freezer, cooker, hob, extractor and washing machine, all of which were new at the time of renovation.
The current owners are now preparing to move back to Thailand, creating the opportunity for a new owner to acquire this unusual and extensively improved home.
A Unique Lifestyle Property With its outstanding views, wraparound balcony, solar and battery system, established gardens, Koi pond, log burner and remarkably low stated running costs, 24 East Avenue offers something rather different from the typical two-bedroom home.
Viewing is highly recommended to fully appreciate the position, views, quality of the renovation and the many individual features this property has to offer.
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
FAQ
About East Avenue, Althorne, Chelmsford, CM3 6DD
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