2-bedroom house · CM2 7TT
Sold STCListed 58 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Guide Price - £200,000 - £250,000** Situated within the peaceful and well-regarded Alexander Mews development, this delightful retirement bungalow presents an excellent opportunity for those seeking comfort, security, and a relaxed pace of life.
Designed exclusively for residents aged 55 and over, the property is set amongst attractively landscaped communal gardens and offers both privacy and a strong sense of community.
Inside, the accommodation is thoughtfully arranged across a single floor.
A welcoming entrance hall leads into a generously sized lounge, filled with natural light and offering a calm and comfortable space to unwind or entertain.
The kitchen is positioned at the front of the home and enjoys a pleasant outlook, while also offering a practical layout with modern fittings.
The property benefits from two bedrooms—one of which is ideal as a guest room or study.
The second bedroom provides access to a full-width conservatory at the rear, which serves as a wonderful additional living area and enjoys views over the rear garden.
A modern re-fitted shower room adds to the property’s comfort and convenience.
The bungalow is offered with an extended lease and no onward chain, making it an ideal choice for those looking to move without delay.
Externally, the property benefits from well-maintained gardens to the front and rear, providing the opportunity to enjoy outdoor living without the burden of high maintenance.
A garage in a nearby block and ample residents' parking add to the appeal.
Residents of Alexander Mews also enjoy access to a community Lodge—a welcoming space where neighbours can gather for coffee, conversation, and events.
Emergency pull cords are fitted throughout the bungalow and linked to an on-site warden for added peace of mind, ensuring that help is always close at hand if needed.
Combining independence with a supportive environment, this charming home offers the perfect setting for retirement living, with all the practicalities in place for a secure and enjoyable lifestyle.
Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
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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FAQ
About Alexander Mews, Chelmsford
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