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 work3-bedroom house · CM1 2HG
For saleReduced £15k (−4.3%) on 13 OctListed 75 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the city of Chelmsford, this three-bedroom mid-terrace home offers an excellent opportunity for buyers looking to create a home of their own.
Offering an excellent opportunity to personalise and enhance, the property provides the perfect blank canvas for those looking to put their own stamp on it and add value.
Upon entering the property, you are welcomed into a generously proportioned lounge, while to the rear is a spacious kitchen/dining room with direct access to the enclosed rear garden.
For those looking to enhance the property further, there is excellent potential to extend across the rear, creating an even larger living space, subject to the necessary planning permissions.
Upstairs, the property offers three well-proportioned bedrooms, together with a family bathroom and a separate WC.
Externally, the property enjoys a generous rear garden, predominantly laid to lawn with a patio area, providing an ideal space for outdoor dining and entertaining.
Side access leads to the front of the property, where ample off-road parking is available.
Ideally positioned close to well-regarded schools, excellent transport links and a range of local shops and amenities, this property is perfectly suited to a variety of buyers.
Whether you are a first-time buyer looking to take your first step onto the property ladder, an investor seeking a buy-to-let opportunity, or a growing family in search of a well-located home, this property offers the flexibility to adapt to your individual needs.
An internal viewing is highly recommended to fully appreciate everything this home has to offer.
Ground Floor Porch Hallway Lounge (16' 6" x 12' 2") Kitchen / Diner (20' 4" x 6' 2") First Floor Bedroom One (14' 9" x 10' 8") Bedroom Two (10' 10" x 6' 7") Bedroom Three (10' 2" x 6' 5") Bathroom Separate WC External Features Rear Garden (55' 0" x 20' 8")
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
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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
Agent & docs
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FAQ
About 30, Pennine Road, Essex
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