2-bedroom bungalow · CM1 6JW
Listing removedListed 231 days
Opportunity summary
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About
Occupying a corner plot within this popular cul-de-sac, is this two bedroom semi detached bungalow which has recently been re decorated throughout and re carpeted, and is now offered for sale with no onward chain.
The accommodation comprises an entrance hall, which has a useful built-in storage cupboard, and doors leading to all rooms.
There is a good sized lounge with French doors and a window overlooking the rear garden.
The kitchen is fitted with a range of base and wall units and has a cooker with an extractor hood above and also a washing machine.
In addition, there is a double glazed conservatory with windows to the front and side aspect, and French doors leading directly onto the rear garden. There are two bedrooms as well as a bathroom/WC.
To the front of the bungalow there is a driveway providing off-road parking for two cars.
To the rear there is a low maintenance garden with a patio area as well as an area of artificial lawn and a timber garden shed.
Redruth Close is situated in the highly sought after Old Springfield area positioned just a 1.5 mile walk of the City centre.
The area has a local parade of shops, with primary and secondary schooling available and is on a bus route to the City and railway station.
There is a choice of independent and state schools within easy reach as well. Chelmsford station has a frequent service to London Stratford from 31 minutes and Liverpool Street from 36 minutes.
The City centre offers two shopping centres and a busy high street with many national and international stores, restaurants and bars as well as a thriving market.
The Bond Street Shopping area has a John Lewis Department Store and an Everyman Cinema.
Tenure: Freehold Council Tax: The Council tax for this property is band D with an annual amount of £2,084.49 Agent Note.
There is an electricity sub station to the rear , behind the garden As an integral part of the community, we’ve gotten to know the best professionals for the job.
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Entrance Hall Lounge 5.31 m x 3.35 m (17'5" x 11'0") Kitchen 3.61 m x 2.41 m (11'10" x 7'11") Conservatory 3.35 m x 2.49 m (11'0" x 8'2") Bedroom 1 4.24 m x 2.90 m (13'11" x 9'6") Bedroom 2 3.02 m x 2.41 m (9'11" x 7'11") Bathroom Outside
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.
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About Redruth Close, Springfield, Chelmsford
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