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See how verdicts work2-bedroom bungalow · CM2 7JL
For saleListed 36 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**** no onward chain **** A well-presented two-bedroom detached bungalow, ideally positioned within a quiet cul-de-sac and offering bright, versatile accommodation with a fully established southwest-facing rear garden.
The property features a welcoming entrance hall with storage, leading into a bright and airy triple-aspect open-plan kitchen, lounge and dining area.
The lounge benefits from a feature gas fireplace and French doors opening onto the rear garden, while the modern fitted kitchen offers ample wall and base units, generous worktop space and a range of integrated appliances.
There are two well-proportioned bedrooms, with the principal bedroom benefiting from a built-in wardrobe, alongside a modern shower room.
The property further benefits from a substantial loft space which offers potential to be converted to an additional bedroom or living space, subject to planning permissions.
Externally, the established southwest-facing rear garden comprises a patio and predominantly lawned area, complemented by a useful lean-to shed.
To the front, a block-paved driveway provides ample off-road parking.
Conveniently located close to local shops, schools and transport links, the property also offers easy access to Chelmsford City Centre, Chelmsford Railway Station with direct services into London, and the A12 for wider commuter connections.
Palmer and Partners strongly recommend an early internal viewing to fully appreciate this attractive bungalow and avoid disappointment.
Entrance Hall Kitchen Lounge Diner 6.14 x 4.75 Bedroom 1 2.6 x 4.1 Bedroom 2 3.1 x 1.9 Bathroom
Value & comps
No previous sales on record.
Returns
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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 2, Johnson Road, Essex
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