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 · CM2 6QL
Listing removedListed 90 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Requiring modernisation and offered with no onward chain in the highly requested area of Chelmer Village is this two-bedroom end of terrace home.
This property does require modernisation but offers great a great opportunity for first time buyers to get on the ladder.
Internally the property consists of an entrance hall, lounge leading through to the open plan kitchen / diner area with access leading to the rear garden.
The first floor offers the two bedrooms as well as the family bathroom. Externally this home has a rear garden with a patio seating area and the remaining laid to lawn.
To the front of the property is an allocated parking space as well as garage in block. Further benefits include gas central heating and storage throughout.
To appreciate this opportunity to its full potential, we strongly recommend an early internal inspection.
Blacklock is handily placed to avail of the local schools and amenities within the area which include an Asda supermarket.
The property is also within a short drive or bus journey to Chelmsford City centre offering the use of numerous bars, restaurants, shops and Chelmsford station providing National Rail services into Central London, including London Liverpool Street in approximately thirty-five minutes.
This home is also easy access to the A12 with its links to the M25.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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 27, Blacklock, Chelmsford
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