2-bedroom terraced house · CM2 0RT
Listing removedListed 68 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Within close proximity of Chelmsford City centre and the mainline train station is this terraced red brick Victorian house.
Comprising of an open plan lounge/dining room with feature fireplace, kitchen with utility area, ground floor cloakroom, two bedrooms, bathroom, further stairs leading to a useful attic space and a rear garden.
Lounge / Dining Room (7.16m x 3.43m) Stairs rising to first floor, double glazed window to front, double glazed window to rear, two fireplace surrounds (one with fitted gas fire), radiator, doorway leading to Kitchen (3.35m x 2.18m) Fitted with a range of wall and base level units, wood work surface, inset one and a quarter bowl stainless steel sink unit with mixer tap, double glazed windows to side, splash back tiling, coved cornice, smooth plastered ceiling, radiator, open plan to Utility Room (2.74m x 2.01m) Door to side, double glazed window to rear, coved cornice, smooth plastered ceiling, down lighting, door to Cloakroom Comprising low level w.c, tiling to floor.
Bedroom One (3.51m x 3.10m) Double glazed window to rear, coved cornice, smooth plastered ceiling, radiator, door leading to Bathroom Corner bath with mixer tap and shower attachment, pedestal wash hand basin, low level w.c, wall mounted boiler (for hot water only), towel rail, double glazed window to rear.
Bedroom Two (3.35m x 3.05m) Stair recess rising to attic space, double glazed window to front, coved cornice, fitted mirror fronted wardrobes to one wall, radiator.
Garden Hardscaped with patio slabs, fencing to both sides and rear gate.
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 4, Upper Bridge Road, Chelmsford
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