3-bedroom bungalow · CO12 4NB
To rentListed 39 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer this three bedroom semi-detached bungalow. The bungalow has recently been refurbished to include re-decoration and new carpets. In a popular location, close to schools.
Available now, unfurnished. Double Glazed Entrance Door To: Entrance Hall Lounge Double glazed sliding patio doors to rear. Electric fire, radiator.
Kitchen Double glazed window to side, door to dining room. Dining Room Double glazed sliding patio doors to rear garden, double glazed window to side. Radiator.
Bedroom 1 Double glazed window to front. Radiator. Bedroom 2 Double glazed window to side. Radiator. Bedroom 3 Double glazed window to front. Radiator. Bathroom Double glazed window to side.
Panelled bath with shower over, hand basin set in vanity unit and WC. Outside To property benefits from off road parking and a garage.
Agent's Information Monies in advance: One month's rent of £1250.00 and damage deposit of £1440.00.
Services All services to be transferred into the ingoing tenant's name, including council tax and water rates.
The Data Protection Act 1998 Please note that all personal information provided by customers wishing to receive information and/or services from the estate agent will be processed by the estate agent, the team Association Consortium Company of which it is a member and team Association Limited for the purpose of providing services associated with the business of an estate agent and for the additional purposes set out in the privacy policy (copies available on request) but specifically excluding mailings or promotions by a third party.
If you do not wish for your personal information to be used for any of these purposes please notify your estate agent.
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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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 23, Chase Lane, Essex
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