3-bedroom terraced house · CM2 7LX
Let agreedReduced £50 (−3.1%) on 16 OctListed 46 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This 3 bedroom house has been redecorated throughout and located in quiet cul-de-sac within walking distance of Chelmsford town centre and transport.
Available now the property consists of: Entrance hall with laminate flooring and understairs cupboard housing gas and electric meters.
Lounge 24'4" x 11'1" Double glazed sliding patio doors to garden and windows to front, laminate flooring, radiator.
Kitchen 9'4" x 10'4 Range of wall and base units, fridge/freezer, electric hob and double oven, plumbing forb washing machine, tiled floors, door leading to Utility area ; cloakroom with low flush WC and door to garden.
Stairs to first floor landing Bedroom 1: 13'6" x 10'5" Double glazed windows to front, carpet and radiator Bedroom 2: 10'6" x 10'5" Double glazed windows to rear, carpet, radiator Bedroom 3: 8'5" x 7'8" Double glazed windows to front, carpet, wardrobe/hanging space.
Bathroom: 3 piece suite comprising panel bath with mixer tap and shower attachment and screen, vanity was hand basin with storage below, low flush w.c Garden: Patio, Lawn and mature trees and shrubs, gate to rear access and detached garage with up and over door.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 7, Spring Pond Close, CHELMSFORD
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