3-bedroom detached house · CM2 7JP
Sold STCListed 400 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Boasting an UNOVERLOOKED rear garden, TWO reception rooms plus an updated kitchen & a NEWLY FITTED BOILER is this well-proportioned three bedroom DETACHED property.
Benefiting from plenty of POTENTIAL TO EXTEND (STPP), a garage with carport and parking for 2-3 vehicles plus a RECENTLY REFITTED cloakroom & shower room.
Ideally tucked away in a CUL-DE-SAC position, close to all local shops/amenities & popular schools with convenient access to Chelmsford City Centre, Mainline Station and A12.
Call Hamilton Piers of Chelmsford to view!
***GUIDE PRICE £475,000-£500,000*** The accommodation, with approximate room sizes, is as follows: Ground Floor Accommodation: - Entrance Hall: - Part-glazed secure main entry door, stairs to first floor, under stairs storage cupboard, additional built-in cupboard, radiator, Parquet flooring.
Cloakroom: - Opaque double glazed window to front aspect, low level WC, vanity wash hand basin with tiled splash back, vinyl flooring.
Lounge: - 3.99m x 3.96m (13'01 x 13'00) - Double glazed window to front aspect, radiator, Parquet flooring.
Dining Room: - 4.17m x 2.24m (13'08 x 7'04) - Double glazed window to rear aspect, built-in low level storage cupboard, radiator, carpeted flooring (with original Parquet flooring under).
Door to rear garden.
Kitchen: - 2.79m x 2.41m (9'02 x 7'11) - Double glazed window to rear aspect, a series of matching base and wall units, roll top work surfaces incorporating a one and a half bowl sink with central mixer tap and drainer, built-in oven and microwave oven, induction hob with extractor hood over, space for fridge/freezer, dishwasher and washing machine, radiator, tiled flooring.
First Floor Accommodation: - Landing: - Opaque double glazed window to side aspect, loft access, airing cupboard (housing recently fitted boiler), carpeted flooring.
Master Bedroom: - 4.01m x 3.99m (13'02 x 13'01) - Double glazed window to front aspect, a series of built-in wardrobes, radiator, carpeted flooring. Recessed area with vanity wash hand basin.
Bedroom Two: - 4.19m x 2.29m (13'09 x 7'06) - Double glazed window to rear aspect, built-in wardrobes, radiator, carpeted flooring.
Bedroom Three: - 2.82m x 2.16m plus door recess (9'03 x 7'01 plus d - Double glazed window to rear aspect, radiator, carpeted flooring.
Shower Room: - Exterior: - Rear Garden: - Unoverlooked and generously sized rear garden comprising patio area to immediate property rear with remainder mainly laid to lawn, mature tree and shrubs to rear boundary, large storage shed, door to garage.
Garage, Driveway & Parking: - Single garage fitted with power, lighting and up & over door. Carport with parking for 2-3 vehicles.
Agents Notes: - Council Tax Band: E For further information regarding this property, please contact Hamilton Piers.
Value & comps
No previous sales on record.
Returns
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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 Smithers Drive, Chelmsford
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