5-bedroom terraced house · CM1 4JR
For saleReduced £25k (−6.7%) on 16 OctListed 37 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £375,000 - £400,000 Description Ground Floor The property is entered via an entrance hallway with stairs rising to the first floor.
The ground floor provides two well-proportioned double bedrooms , together with a separate cloakroom/WC.
First Floor The first-floor landing provides access to the main bathroom, communal lounge and fitted kitchen, with stairs continuing to the second floor.
The communal lounge is positioned to the front of the property and benefits from a window providing natural light.
The fitted kitchen is situated to the rear and comprises a range of wall and base-mounted storage units with work surfaces and space for a variety of kitchen appliances.
A wall-mounted gas combination boiler is also located within the kitchen. The main bathroom has a window to the rear and comprises a bath with shower over, low-level WC and wash hand basin.
Second Floor The second-floor landing provides access to three further bedrooms The principal bedroom benefits from its own en-suite shower room , with the remaining accommodation comprising a further double bedroom and single bedroom.
Outside To the front of the property is a driveway providing off-road parking for two vehicles Side access leads to the low-maintenance rear garden , which commences with a patio area and incorporates established tree and shrub borders.
Rental Income We have been advised by the current Vendor that the following rents have previously been achieved: Principal Bedroom with En-Suite: £750 pcm Double Bedroom 2: £650 pcm Double Bedroom 3: £650 pcm Double Bedroom 4: £650 pcm Single Bedroom: £525 pcm Total Rental Income: £3,225 pcm / £38,700 per annum Rental figures have been provided by the Vendor and are included for guidance only.
Prospective purchasers should satisfy themselves as to achievable rental values and all applicable HMO licensing and regulatory requirements.
Location Conveniently positioned just off Broomfield Road, the property is ideally located for access to both Broomfield Hospital and Chelmsford city centre.
Chelmsford offers an excellent range of shopping, leisure and entertainment facilities, together with a mainline railway station providing frequent services to London Stratford and London Liverpool Street, making the location particularly attractive to professionals and commuters.
An Anti-Money Laundering (aml) check is required for both buyers and sellers and is carried out through our legal partner at a fee of £76 per property, payable at the point of instruction.
This service also includes access to a legal advice helpline, where qualified solicitors are available to support you with any queries throughout your moving process. EPC rating: D.
Living Room (4.41m x 3.12m (14'6" x 10'3")) Kitchen (2.78m x 2.46m (9'1" x 8'1")) Bedroom (3.33m x 2.99m (10'11" x 9'10")) Bedroom (5.06m x 2.25m (16'7" x 7'5")) Bedroom (4.53m x 2.64m (14'10" x 8'8")) Bedroom (4.46m x 3.39m (14'8" x 11'1")) Bedroom (3.03m x 2m (9'11" x 6'7")) Water Closet Bathroom (2.78m x 1.85m (9'1" x 6'1")) En-Suite Shower Room (2.85m x 1.12m (9'4" x 3'8")) Entrance Hall Landing Store
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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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 118, Sunrise Avenue, Chelmsford
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