3-bedroom detached house · CM1 6TU
For saleReduced £25k (−5.9%) on 13 OctListed 22 days
Opportunity summary
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About
Situated in the ever-popular Springfield area of Chelmsford, this beautifully decorated three-bedroom mid-terrace home offers stylish and contemporary living throughout.
The property has been tastefully improved by the current owners and boasts a stunning newly fitted kitchen, finished to a high standard and perfectly designed for modern living.
To the rear, the spacious dining area is enhanced by impressive bi-fold doors, flooding the room with natural light and seamlessly connecting the indoor and outdoor space.
Upstairs, the property offers three well-proportioned bedrooms and a modern family bathroom.
Externally, the home continues to impress with a private rear garden, driveway parking and a garage, providing excellent storage and practicality.
A standout feature is the versatile outbuilding located at the rear of the garden, currently utilised as a fully functioning pub/bar area.
Complete with heating and lighting, this fantastic space offers endless possibilities as a home bar, entertainment room, office, gym or hobby space.
Conveniently located close to highly regarded schools such as Perryfields, local amenities, transport links and Chelmsford City Centre, this exceptional home combines style, space and versatility in a sought-after residential location.
Council Tax Band: C Entrance Via Double glazed entrance door to: Entrance Porch Obscure double glazed window to side, mat flowing, smooth ceiling with inset spotlight, door to: Living Room 12'7 x 10'1.
Double glazed window to front, radiator, Parquet flooring, smooth ceiling with cornice coving and inset spotlights, door to: Dining Room 11'10 x 11'1 Double glazed bi-fold doors to rear leading to garden, stairs to first floor, radiator, Parquet flooring, smooth ceiling with inset spotlights.
Kitchen 10'1 x 8'.
Double glazed window to rear, double glazed door to rear leading to garden, range of base level units with work surfaces over, inset sink drainer unit with mixer tap, integrated Candy oven and hob with extractor hood over, integrated fridge/freezer, integrated dishwasher, integrated washing machine integrated wine cooler, range of matching eye level cupboards, tiled flooring, complementary tiling to walls, smooth ceiling with inset spotlights.
First Floor Landing Smooth ceiling, doors to accommodation. Bedroom One 11' x 10'1. Double glazed window to front, built-in wardrobe, radiator, smooth ceiling with inset spotlights.
Bedroom Two 11' x 10'. Double glazed window to rear, built-in double wardrobe, radiator, smooth ceiling with inset spotlights. Bedroom Three 10' x 8'.
Double glazed window to front, radiator, smooth ceiling. Family Bathroom/wc Two obscure double glazed windows to rear.
Suite comprising: Tiled bath with all mounted shower attachment, walk-in shower, vanity wash hand basin with mixer tap, low level wc.
Heated towel rail, tiled flooring, complementary tiling to walls, smooth ceiling, extractor fan. Rear Garden Commencing patio area, remainder laid to lawn. Outbuilding 12'1 x 9'.
Currently being used as a bar. Power and lighting connected, heated. Front Of Property Providing off street parking. Garage Up and over door, water tap.
Buyers Information Pack Please see below the link to access the Buyers Information Pack/ta forms: A
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.
Area
Agent & docs
FAQ
About 98, Downsway, Essex
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