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See how verdicts work3-bedroom house · CM1 4BT
For saleReduced £10k (−2.1%) on 16 OctListed 46 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Guide Price £475,000 - £500,000 ** Situated along the popular Patching Hall Lane, this well-positioned home constructed in 1916 offers an excellent opportunity for a range of buyers.
The property benefits from a convenient setting within easy reach of Chelmsford city centre, local shops, schools and everyday amenities, as well as good transport links including access to Chelmsford railway station.
Externally, the property enjoys a private rear garden and is well placed for nearby parks and green spaces.
The entrance hallway has stairs to the first floor and doors providing access to dining room, living room and kitchen. The dining room is to the front of the property and has a large window.
To the rear is the living room which has windows and a door leading to the garden.
The kitchen has a window overlooking the garden, is fitted with a range of wall and base units, work surfaces, tiled splashbacks, a stainless steel sink and drainer, space for appliances including a dishwasher, fridge/freezer and cooker and a door leads out to the garden.
The first floor landing gives access to all three bedrooms and the family bathroom. The principal bedroom is situated to the front with a window and built-in wardrobes.
Bedroom two is to the rear and is a well-proportioned double room, bedroom three is also to the rear and is a good size single room and could be used as a study.
The family bathroom comprises a panel enclosed bath, wash hand basin, WC and has an obscure glazed window.
Outside The property is set back from the road with a generous front garden predominantly laid to lawn and has a pathway leading to the entrance door.
A gate to the side leads to the rear garden and there are two brick storage sheds one of which has plumbing for a washing machine and tumble dryer and the other is currently used for the storage of garden equipment.
The rear garden is of a particularly good size with a variety of established plants alongside a generous lawn, paved seating areas and a pond.
To the rear of the garden is an organic vegetable patch with a greenhouse and also to the rear is the detached garage and off-road parking which is approached via double gates off of Sunrise Avenue.
Location Patching Hall Lane is conveniently positioned to the north of Chelmsford city centre, providing good access to a range of local amenities, schools and recreational facilities.
Chelmsford city centre offers an extensive selection of shops, restaurants and leisure facilities, together with a mainline railway station providing regular services to London Liverpool Street.
The area is also well connected by road, with convenient access to the A12 and surrounding road network. Directions Please use postcode CM1 4BT for SatNav.
Important Information Council Tax Band – D EPC Rating - D Services - We understand that mains water, gas, drainage and electricity are connected to the property. Tenure - Freehold Our ref - CHE260221
Value & comps
No previous sales on record.
Returns
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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
FAQ
About 41, Patching Hall Lane, Essex
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