3-bedroom semi-detached house · CM1 7RY
Sold STCListed 235 days
Opportunity summary
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About
• THIS PROPERTY IS SOLD STC & HAS BEEN RESERVED WITH BALGORES SECURE • Situated in the much sought after location of Springfield, is this exciting property with potential to extend, subject to the necessary planning consents.
The property benefits from a large 85ft garden and is ideal for someone looking for a project or a property to extend.
The property is conveniently located 0.8 miles to Chelmsford City centre and all local shops and amenities. With great access to the A12 and both Beaulieu and Chelmsford mainline train stations.
Council Tax Band: C *Being Sold Via Balgores Secure* Entrance via Obscure double glazed entrance door to: Entrance Hall UPVC double glazed window to side, stairs to first floor, two radiators, ceiling with cornice coving, obscure internal door to: Lounge/Diner 26'6 x 13'1.
UPVC double glazed window to front, two UPVC full height windows to rear, UPVC double glazed French doors to rear, two radiators, gas feature fireplace, ceiling with cornice coving and inset spotlights, door to: Kitchen 15'2 x 8'2.
UPVC double glazed windows to side and rear, range of base level units and drawers with work surfaces over, inset sink drainer unit with mixer tap, inset cooker with extractor hood over, space for further appliances, range of matching eye level cupboards, radiator, tiled flooring, complementary tiled splash backs, ceiling with cornice coving and inset spotlights, door to: Lobby Double glazed door to side, radiator, part complementary tiling to walls, ceiling with cornice coving, further door to: Ground Floor Cloakroom Obscure double glazed window.
Suite comprising: wall mounted corner wash hand basin with mixer tap, low level wc. Radiator, tiled flooring, part complementary tiling to walls.
Integral Garage Up and over door to front, wall mounted boiler. First Floor Landing Two storage cupboards one housing hot water cylinder, doors to accommodation.
Bedroom One 14'9 x 12'6. UPVC double glazed window to front, radiator. Bedroom Two 12'7 x 9'8 into fitted wardrobes.
UPVC double glazed window to rear, fitted wardrobes with sliding doors, radiator. Bedroom Three 11'6 x 8'7. UPVC double glazed window to front, built-in storage cupboard, radiator.
Family Bathroom/wc Obscure UPVC double glazed window to rear. Suite comprising: panelled bath with shower attachment, wall mounted wash hand basin, high level wc.
Radiator, part complementary tiling to walls. Rear Garden 85' approx.
Commencing block paved patio area, remainder extensively laid to lawn, shrub borders, shed and greenhouse to remain, gated side access.
Agents Note 1 Please note that some of the rooms have been virtually staged for marketing purposes only.
Agents Note 2 Please note that there are solar hot water tubes on the roof, which our vendor advises would reduce hot water heating costs.
Front of Property Hard standing driveway providing off street parking, remainder laid to lawn, gated side access.
Buyers Information Pack Please see below the link to access the Buyers Information Pack/TA forms: df0ffbf1b
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
Agent & docs
FAQ
About Chichester Drive, Springfield, Essex, CM1
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