We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · CM3 1NN
Listing removedReduced £20k (−5.1%) on 21 JunListed 176 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Boasting no onward chain, an unoverlooked rear garden plus spacious 20' lounge/diner and modern kitchen is this immaculately presented two double bedroom semi-detached bungalow.
Benefiting from a garage (potential to convert*) with driveway for two vehicles, underfloor heating throughout and ideally located in the highly regarded village of Great Leighs - Close to all local amenities, bus routes with convenient access to A120/M11 & Chelmsford City Centre and Mainline Station.
The accommodation, with approximate room sizes, is as follows: Ground Floor Accommodation: Entry Porch: Secure part-glazed entry door, double glazed windows to front aspect.
Secure entrance to; Inner Hall: L-shaped hall comprising carpeted flooring with under floor hearting and access to all rooms.
Lounge / Diner: (6.15m x 3.86m (20'2 x 12'8)) Double glazed window to rear aspect, central electric fireplace with surround, carpeted flooring with under floor heating.
Two sets of French doors to rear garden.
Kitchen: (3.18m x 2.03m (10'5 x 6'8)) Double glazed window to front aspect, a series of matching base and wall units, roll top work surfaces incorporating a one and a half bowl sink with central mixer tap and drainer, built-in oven with ceramic hob and extractor hood over, space for fridge/freezer, washing machine and dishwasher, tiled flooring with under floor heating.
Bedroom One: (3.56m x 3.20m (11'8 x 10'6)) Double glazed window to front aspect, carpeted flooring with under floor heating.
Bedroom Two: (3.23m x 3.20m (10'7 x 10'6)) Double glazed window to front aspect, carpeted flooring with under floor heating.
Bathroom: Opaque double glazed window to rear aspect, enclosed and fully tiled single shower unit, panelled bath with central mixer tap and shower attachment, low level WC, pedestal wash hand basin, heated towel rail, airing cupboard (housing wall-mounted boiler), tiled flooring with under floor heating.
Exterior: Rear Garden: Unoverlooked rear garden, enclosed by fencing and comprising a large patio area extending across property rear with remainder mainly laid to lawn, shrub rear border with planted beds, Summer House, gated side access and access to garage.
Garage, Driveway & Parking: Single garage fitted with power, lighting and up & over door. Driveway parking for two vehicles with further unrestricted on-street parking available.
Agents Notes: Council Tax Band: For further information regarding this property, please contact Hamilton Piers.
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 131, Main Road, Chelmsford
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