3-bedroom semi-detached house · CM1 6YJ
Listing removedListed 51 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern Three-Bedroom Semi-Detached Home with Impressive Wraparound Garden We are delighted to offer this beautifully presented three-bedroom semi-detached home on the popular Lupin Drive, combining contemporary living with generous indoor and outdoor space.
Finished to a modern standard throughout, the heart of the home is the bright and welcoming open-plan kitchen/dining area.
The beautiful contemporary kitchen comes equipped with modern appliances and provides an excellent space for cooking, dining and entertaining, while enjoying a peaceful outlook over the garden.
A separate utility room provides additional practicality and storage. The property offers three well-proportioned bedrooms, comprising two comfortable double bedrooms and a further single bedroom.
A modern family bathroom completes the accommodation. Outside is where this home really impresses.
The property benefits from a huge wraparound garden, offering an excellent combination of lawn and patio areas.
With plenty of space for outdoor dining, entertaining or simply relaxing, it provides a wonderful extension of the living space during the warmer months.
Further benefits include a garage, driveway parking and gas central heating, adding to the convenience of this attractive home.
Lupin Drive is well positioned for access to public transport links, nearby schools and beautiful green spaces, making it a fantastic choice for those seeking a well-connected home while still enjoying access to the outdoors.
With its modern finish, generous accommodation and exceptional garden, this lovely home is sure to attract plenty of interest. Early viewing is highly recommended.
LIVING ROOM 15' 10" x 13' 05" (4.83m x 4.09m) DINING ROOM 8' 02" x 7' 04" (2.49m x 2.24m) KITCHEN 9' 00" x 8' 02" (2.74m x 2.49m) UTILITY ROOM 10' 03" x 6' 00" (3.12m x 1.83m) BATHROOM 6' 10" x 5' 06" (2.08m x 1.68m) MAIN BEDROOM 11' 09" x 9' 07" (3.58m x 2.92m) SECOND BEDROOM 10' 02" x 9' 07" (3.1m x 2.92m) THIRD BEDROOM 6' 09" x 6' 07" (2.06m x 2.01m) GARAGE 16' 04" x 7' 10" (4.98m x 2.39m) A holding deposit equivalent to 1 weeks rent will be required to reserve the property, while referencing checks are being carried out.
With the tenants' consent, this holding deposit will be refunded against the first months' rent.
The holding deposit can be retained if the applicant provides false or misleading information, fails Right to Rent checks, withdraws from the property or fails to take reasonable steps to enter into the tenancy.
In accordance with the Tenant Fees Act, applicants will be required to enter into the tenancy agreement no more than 15 days after paying the holding deposit.
Failure to do so for any of the aforementioned reasons, may result in you losing your holding deposit. An extension to the deadline may be entered into, if agreed by all parties.
Right to Rent Checks By Law, Right To Rent checks must be carried out and as such, applicants will be required to provide original proof of ID (Passport and Residents Permits) and current address ID in accordance with Home Office guidelines.
Acceptable forms of address ID are as follows: - Driving license - Recent utility bill (within the last 3 months, we cannot accept mobile phone bills) - Council Tax bill - Letter from employer or GP (specifically stating & confirming your current address, on headed paper) - Mortgage statement - Tenancy agreement signed and dated within the last 6 months Please note that we cannot accept bank statements All potential tenants over the age of 18, will be subject to a credit check, carried out by a 3rd party to check for CCJ's, IVA's & Bankruptcy.
Applicants will need to provide proof of an income of at least 2.5 times the annual rent.
Additional checks include an employment check, affordability checks, previous Landlord reference and proof of address history, usually up to 3 years.
Local Housing Allowance applicants will require a working guarantor and be able to prove an income of 3 x the annual rent.
You may be required to provide Bank statements (to assess income), pay slips, benefits award letters, pension statements, WFTC award letter. Photos used in this advert were taken in May 2024.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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.
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About Lupin Drive, Chelmsford
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