1-bedroom bungalow · CM8 1XP
To rentListed 10 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Entrance Door:- Leads to:- Hallway:- airing cupboard, radiator, laminate floor, access to loft space, textured ceiling, internal doors leading:- Open plan living room kitchen:- 6.9m MAX x 5 m MAX timber frame windows to rear and side, rear door leading to rear garden, two radiators, plan leading to:- Kitchen area :- timber frame framed window to rear, one and a half bowl sink unit with mixer tap, incorporating worktop surfaces with cupboards and drawers under, fitted range of wall mounted units, space for domestic appliances, freestanding cooker, tile splashback areas, extractor hood over cooker, laminate floor Bedroom:- 4.7 m MAX x 3.8 m MAX timber frame window to front, radiator, laminate floor, textured ceiling Bathroom :- timber frame window to front, panelled bath with grab handles, electric shower over, shower curtain with rail, pedestal hand wash basin, part tile walls, low-level WC, textured ceiling, tiled floor, radiator Rear garden :- there is a small patio area to the rear, remainder mainly late lawn, flower and shrub orders, rear pedestrian access, hardstanding area for bins Agents note :- the property is set within communal gardens.
The property comes with one allocated parking space.
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 Old Parsonage Court, Guithavon Street, Witham, Essex
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