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 semi-detached house · CM1 4FU
Listing removedListed 233 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Boasting an UNOVERLOOKED & South-West facing rear garden with OUTSIDE OFFICE/GYM and offering a spacious 15' lounge, modern kitchen/diner and EN-SUITE is this IMMACULATELY PRESENTED two bedroom SEMI-DETACHED property.
Benefiting from a NEWLY UPDATED bathroom, driveway parking with CARPORT (with loft storage over) and situated on a newly established development in a MEWS POSITION. Contact Hamilton Piers to view.
Ground Floor: - Entrance Hall: - Composite entrance door to front, doors to cloakroom, lounge, stairs to first floor, radiator, wood effect flooring.
Lounge: - 4.60m x 2.82m (15'1" x 9'3") - Double glazed window to front, door to kitchen diner, cupboard, radiator, wood effect flooring.
Kitchen Diner: - 3.86m x 2.54m (12'8" x 8'4") - Double glazed window and french doors to rear, range of wall and base units, rolled edge work surfaces with stainless steel sink inset, integrated low level oven, gas hob with stainless steel splashback and extractor over, dishwasher, space for fridge freezer, washing machine, radiator, wood effect flooring.
First Floor: - Landing: - Doors to bedroom one, bedroom two, family bathroom, loft access.
Bedroom One: - 3.00m x 2.57m (9'10" x 8'5") - Double glazed window to rear, door to en-suite, radiator, wood effect flooring.
En-Suite: - Fully tiled shower cubicle, low level W/C, pedestal hand wash basin, chrome towel radiator, part tiled walls.
Bedroom Two: - 3.89m x 2.62m (12'9" x 8'7") - Two double glazed windows to front, radiator, cupboard, wood effect flooring.
Family Bathroom: - 1.91m x 1.73m (6'3" x 5'8") - Panel bath with shower over & rain shower, vanity wall mounted hand wash basin, low level W/C, chrome towel radiator, part tiled walls, tiled flooring.
Exterior: - Rear Garden: - Paved patio to immediate rear, gated side access, stepping stones to rear to give access to gym/office and shed, mature shrubs to border, rest laid to artificial lawn.
Gym / Office: - 3.51m x 2.13m (11'6" x 7') - Double glazed french doors to front, power and lighting, fully insulated.
Frontage & Parking: - Driveway with carport for 2/3 cars, also boarded for plenty of storage, path to front entrance door. Agent Notes: - Council Tax Band: C
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
Agent & docs
FAQ
About Elder Close, Chelmsford
Explore nearby
