2-bedroom bungalow · CM1 6LW
Listing removedListed 60 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Boasting a modern & spacious 15' kitchen diner and two double bedrooms is this very well presented semi detached bungalow, ideally located in this sought-after turning in Old Springfield.
With an entrance hall, spacious lounge, refitted modern shower room, driveway parking with space to extend the driveway further, garage with electric door, and private rear garden.
Within walking distance to local shops, doctors/dentist, schools and easy access to the city centre. Contact Hamilton Piers of Springfield to view!
***Guide Price £400,000- £425,000*** Entrance Hall: Composite entrance door into hallway, x2 storage cupboards (housing boiler), radiator, wood effect flooring, doors to- Bedroom One: (3.68m x 3.28m (12'01" x 10'09")) Double glazed bay fronted window, radiator, wardrobes.
Bedroom Two: (2.79m x 2.72m (9'02" x 8'11")) Double glazed window to side, radiator.
Lounge: (5.16m x 3.40m (16'11" x 11'02")) Dual aspect double glazed window to front and double glazed sliding doors to rear onto garden, electric log burner, radiator, wood effect flooring.
Kitchen Diner: (4.78m x 3.68m (15'08" x 12'01")) Dual aspect double glazed windows to side and window and door to rear, round edge worktops with porcelain drainer sink inset, gas hob with extractor over, integrated eye level oven, under counter fridge and freezer, washing machine, matching wall and base units, breakfast bar, open to dining space, radiator, wood effect flooring.
Shower Room: (1.83m x 1.65m (6'00" x 5'05")) Re-fitted modern shower room, double glazed window to side, shower, vanity hand basin, low level w/c, fully tiled, chrome heated towel rail.
Exterior: Rear Garden: Patio to immediate rear of property with seating area with rest laid to lawn, shrubs and flower beds to border, wooden shed, storage unit, side door into garage.
Garage: Elecric roller door to front, double glazed window and door to rear from garden. Frontage & Parking: Paved frontage with the option to extend parking further, driveway parking.
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
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FAQ
About 10, Weymouth Road, Chelmsford
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