We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · CM3 1PQ
For saleReduced £25k (−7.7%) on 19 SepListed 86 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Boasting no onward chain and offering an unoverlooked & generously-sized rear garden, plenty of original character features throughout and a detached garage with parking for 2-3 vehicles is this two double bedroom mid-terrace cottage.
Benefiting from a cosy lounge with open fireplace, study/dining room and spacious kitchen with further potential to extend (STPP).
Ideally situated in a quaint village location on the periphery of Chelmsford, with convenient access to A120/M11, Beaulieu Station and Chelmsford City Centre/Mainline Station.
Perfect for first time buyers! Call leading local property experts Hamilton Piers to view.
The accommodation, with approximate room sizes, is as follows: Ground Floor Accommodation: Entry Porch: Entry door into small porch area.
Secure main entry door into; Study / Dining Room: (3.18m x 2.57m (10'5 x 8'5)) Lead-lined glazed window to front aspect, stairs to first floor, under stairs storage cupboard, electric storage heater, carpeted flooring.
Lounge: (3.43m x 3.20m (11'3 x 10'6)) Lead-lined glazed window to front aspect, central log burning fireplace with exposed brick hearth and surround, electric storage heater, carpeted flooring.
Kitchen: (3.51m x 2.36m (11'6 x 7'9)) Lead-lined glazed window to rear aspect, a series of fitted matching base and wall units, edged work surfaces incorporating a ceramic sink unit, space for cooker with electric hob, space for low level fridge, freezer, washing machine and dishwasher, tiled flooring.
Rear Lobby: Built-in airing/storage cupboard, tiled flooring. Secure door to rear aspect.
Shower Room: Opaque glazed window to rear aspect, double shower unit set behind glass enclosure, low level WC, pedestal wash hand basin, electric heated towel rail, wood flooring.
First Floor Accommodation: Landing: Lead-lined glazed window to rear aspect, carpeted flooring.
Bedroom One: (3.43m x 3.20m (11'3 x 10'6)) Lead-lined glazed window to front aspect, fitted wardrobe, electric storage heater, carpeted flooring.
Bedroom Two: (3.18m x 2.46m (10'5 x 8'1)) Lead-lined glazed window to front aspect, built-in storage cupboard, electric storage heater, carpeted flooring.
Exterior: Rear Garden: Unoverlooked and generously-sized rear garden comprising hardstanding patio to property rear with pathway, remainder mainly laid to lawn with a variety of mature trees, shrubs, fruit trees and flowering plants, gate to rear with access to storage shed and timber-built garage.
Garage, Driveway & Parking: Timber-built detached garage and driveway parking for 2-3 vehicles. Agents Notes: Note: This property is of timber-frame construction.
Council Tax Band: C For further information regarding this property, please contact Hamilton Piers.
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
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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
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FAQ
About Ludlow Cottage, Church Lane, Little Leighs, Chelmsford
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