Modern Method of Auction
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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 work5-bedroom detached house · CM8 2EH
For saleListed 183 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This five bedroom detached home is offered with no onward chain, in the sought-after location of Earlsmead, close to the railway station and has a large driveway and double garage.
The property is offered for sale through the modern Method of Auction which is operated by Iamsold Ltd.
The entrance door leads to a porch and then the hallway which has doors to the garage, cloakroom, living room, dining room, kitchen and stairs to the first floor.
The lounge is to the rear of the property, is dual aspect, has a fireplace, a door to the garden and sliding doors leading to the dining room which has a window to the rear and a door to the side.
The kitchen has a range of wall and base units, an eye level oven, gas hob, one and a half bowl sink, a window to the front and a door to the side of the property.
The first floor landing has a window to the front and gives access to all five bedrooms and the family bathroom.
The first bedroom is to the front with a window and is currently being used as an office.
The bathroom comprises a panel enclosed bath, a shower cubicle, wash hand basin, WC and an obscure window to the front.
There is a further bedroom to the front which is a double with fitted wardrobes and a wash hand basin. The three further double bedrooms are all to the rear of the property with large windows.
Outside A large driveway leads to the double garage which can also be entered from the entrance hall and has power and light connected and an electric up and over door.
There is also plumbing for a washing machine. Access can be gained from both sides of the property to the rear garden.
The rear garden has a paved area with an electric awning (which is to remain), with the remainder laid to lawn with a variety of trees, shrubs and plants.
A path leads to the rear of the garden where there are steps down into a 'secret garden' which is gated and has a seating area which overlooks the River walk.
Location Witham has a busy High Street complemented by a choice of supermarkets, banks, shops, bars and restaurants as well as a choice of schools and the recreational facilities offered at the Witham Leisure Centre and Benton Hall Golf & Country Club.
The town's railway station serves London's Liverpool Street Station, the journey taking some 45 minutes.
In addition the town is by-passed by the A12 trunk road providing access to the excellent Grammar and other schools in Colchester and Chelmsford.
To the north there is access to the A120 trunk road which is dualled west of Braintree, significantly reducing the travel time to Stansted Airport and the M11 motorway.
Directions Please use postcode CM8 2EH for SatNav.
Important Information Council Tax Band – F EPC Rating - D Services - We understand that mains water, gas, drainage and electricity are connected to the property.
Tenure - Freehold Our ref - WIT260076 Agent's note This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee.
For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £500 inc. VAT.
These services are optional.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
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FAQ
About 2, Earlsmead, Essex
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