3-bedroom terraced house · CM1 6JT
To rentReduced £100 (−5.3%) on 8 OctListed 42 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A three bedroom end of terraced house located in the popular area of North Springfield. The accommodation comprises; entrance hall, cloakroom, kitchen/breakfast room and a L -shape lounge/dining room.
To the first floor three bedrooms and family bathroom. The property is ideally placed for the local Havengore shopping parade and nearby Sainsbury and Aldi supermarkets.
Excellent Primary and Secondary Schools. Bus routes connect into the City centre for comprehensive shopping and main line rail connection.
ACCOMMODATION WITH APPROXIMATE ROOM SIZES With approximate room sizes, Double glazed entrance door leads into entrance hall.
ENTRANCE HALL Radiator, understair storage cupboard, door to garage, stairs to first floor, doors to cloakroom, kitchen and lounge: CLOAKROOM Low level wc, wash hand basin, obscure double glazed window to front.
KITCHEN/BREAKFAST 11' 11" x 7' 8" (3.63m x 2.34m) Fitted with a range of base and eye level storage units, sink unit, double glazed window to front, spotlights, integrated electric oven and gas hob with extractor over, space and plumbing for washing machine, space for fridge/freezer.
L-SHAPED LOUNGE/DINING ROOM 21' 8" > 11'2 x 19' 11">12'5 (6.60m x 6.07m) Two double glazed windows to rear, double glazed patio doors to rear garden, coved ceiling.
FIRST FLOOR LANDING Loft access, airing cupboard, doors to: BEDROOM ONE 11' 8" x 11' 7" (3.56m x 3.53m) Double glazed window to rear, radiator.
BEDROOM TWO 9' 8" x 8' 10" (2.95m x 2.69m) Radiator, double glazed window to front, built in wardrobe.
BEDROOM THREE 7' 11" x 6' 8" (2.41m x 2.03m) Double glazed window to rear, radiator, storage cupboard.
BATHROOM White Suite bathroom comprising of panelled bath with shower over, wash hand basin, low level wc, obscure double glazed window to front, radiator.
OUTSIDE To the front of the property there is a driveway providing off road parking which leads to a single garage with up and over door.
The rear garden has a patio area with the remainder being laid to lawn, brick built storage shed.
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
FAQ
About Osea Way, Chelmsford, CM1
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