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See how verdicts work4-bedroom house · CM8 1FF
Listing removedReduced £15k (−3.8%) on 24 JunListed 208 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This end terraced four bedroom house is situated on the sought after Maltings Lane development and offers spacious accommodation set out over three floors and benefits from four bedrooms, two bathrooms, a good sized lounge and off road parking.
On entering the property there is a spacious hallway which gives access to all ground floor accommodation.
The modern kitchen benefits from a range of eye and base level units, a stainless steel sink and drainer unit inset to worktop surfaces, electric oven and four ring gas hob with extractor hood above and there is a box bay window to the front aspect.
The good sized lounge has a storage cupboard and double glazed windows and French doors to the rear leading out to the garden.
The first floor landing gives access to three bedrooms and the family bathroom, there is an airing cupboard and stairs rising to the second floor.
The family bathroom features a panel enclosed bath, low level W.C, pedestal wash hand basin and a window to the front aspect.
Bedroom three is also located to the front of the property measuring 12'5 by 8'5 with a window to the front aspect.
Bedroom two measures 14'4 by 8'6 with a window to the rear aspect whilst bedroom four measures 9' by 6'5 and also has a window to the rear aspect.
To the second floor landing, stairs give access to the master bedroom with a separate dressing area and measures 14'11 by 14'5 with two velux windows to the rear.
A door leads through to the en-suite shower room benefitting from a double shower cubicle, low level W.C, wash hand basin and a window to the front aspect.
Outside The property is approached via a foot path leading to the front door and the low maintenance rear garden is laid to patio.
There are two storage sheds to remain and the garden is enclosed within wooden panel fencing. There is allocated parking for two vehicles available to the rear of the property.
Location The property has access to the A12 which links to London and the Coast and is only a short distance away from Witham's mainline railway station with its links to London Liverpool Street (approximate journey time of 40 minutes).
Local primary and secondary schools are within walking distance of the property along with Witham's shops, supermarkets and local amenities.
Chelmsford is an approximate ten minute drive away and benefits from numerous shopping centres, retail parks, restaurants, night life and Anglia Ruskin University.
Directions Please use the postcode CM8 1FF for SatNav.
Important Information Council Tax Band - D Services - We understand that mains water, drainage, gas and electricity are connected to the property.
Tenure - Freehold Service charge- £27 a month EPC rating - C Ref - WIT250164/djn Agents note The property benefits from solar panels, for further information please contact the Witham office on .
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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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 96, Purcell Road, Essex
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