2-bedroom terraced house · CM2 6US
Sold STCListed 137 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**** GUIDE PRICE: £290,000 - £300,000 **** Offered for sale with no onward chain, this two-bedroom terraced residence presents an excellent opportunity for buyers looking to modernise and personalise a home in the highly sought-after Chelmer Village area of Chelmsford.
Benefiting from two well-proportioned bedrooms, a generous lounge/diner, a south-facing rear garden and off-road parking for two vehicles, the property offers fantastic potential and must be viewed to be fully appreciated.
The accommodation comprises a lounge/diner, providing a versatile living and entertaining space with ample room for both seating and dining furniture.
To the rear of the property is the kitchen, which currently offers access to the garden and presents an exciting opportunity for a purchaser to design and install a bespoke kitchen to their own specification, creating the ideal heart of the home.
To the first floor, there are two well-proportioned bedrooms, both offering comfortable accommodation and plenty of natural light.
The principal bedroom benefits from built-in storage, providing a practical storage solution, while a family bathroom completes the internal layout.
While the property would benefit from a programme of redecoration and refurbishment, it offers tremendous scope for improvement and represents an excellent opportunity for first-time buyers, investors or those seeking a project in a desirable location.
Externally, the property enjoys a fully established south-facing rear garden. The garden features a patio area and is fully enclosed by fencing.
To the front, a driveway provides off-road parking for two vehicles.
Situated within the ever-popular Chelmer Village development, the property is conveniently located close to a wide range of local amenities, including supermarkets, shops, cafés and leisure facilities.
Chelmsford City Centre is just a short distance away, offering an extensive selection of shopping, dining and entertainment options.
Excellent transport links are readily available, with Chelmsford railway station providing direct services to London Liverpool Street, while the nearby A12 offers convenient road connections to surrounding towns and cities.
Offering excellent potential, a desirable location and the added benefit of no onward chain, this property represents a fantastic opportunity for a wide range of purchasers.
Palmer & Partners strongly recommend an early internal viewing to avoid disappointment.
Lounge Diner 4.2 x 3.8 Kitchen 2.9 x 3.8 First Floor Landing Bedroom 1 3.1 x 2.8 Bedroom 2 3.1 x 2.8 Bathroom
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 advisors 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 Ramshaw Drive, Chelmer Village, Chelmsford, Essex, CM2
Explore nearby