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See how verdicts work2-bedroom flat · CM2 8HX
Listing removedReduced £10k (−3.8%) on 21 JunListed 196 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This 2 bedroom ground floor maisonette has the benefits of off road parking for several vehicles to the front and its own private southerly facing rear garden!
It is well presented throughout and is located in Great Baddow just off Vicarage Lane. It is well presented and could well suit a buyer looking for a bungalow as a more affordable alternative.
It comprises an entrance hall, good size lounge, modern fitted kitchen with direct access to the garden, 2 bedrooms and bathroom.
It has gas fired heating by radiators and double glazed windows and an internal viewing is highly recommended!
Entrance Hall Laminate flooring, radiator, coved ceiling, white panelled doors leading through to Lounge (3.72m x 3.48m) A good size reception room with laminate flooring, radiator, shelved recess, double glazed window to front, coved ceiling, inset spot lights, doorway to kitchen, door giving access to a deep built in storage cupboard housing the wall mounted gas fired boiler.
Kitchen (4.7m x 1.8m) Well fitted with a good range of modern high gloss cream coloured units comprising inset single drainer sink unit with mixer tap, working surfaces with cupboards and drawer units, cooker to remain, fridge freezer and dishwasher by negotiation, washing machine by negotiation is housed in the outhouse, tiled flooring, tiling over worktops, eye level cupboards, double glazed window to rear, door to garden, inset spot lights.
Bedroom One (3.49m x 3.19m) A most pleasant good size rear room with radiator, double glazed window overlooking the rear garden, coved ceiling, inset spot lights.
Bedroom Two (2.90m x 2.14m) Currently used as an office/dressing room with a radiator, double glazed window to front, coved ceiling, inset spot lights.
Bathroom Comprising of a panel enclosed bath with mixer tap, fitted shower with rain head and separate hose, w.c with concealed cistern, vanity wash hand basin with mixer tap, tiled flooring, towel warmer, part tiled walls, double glazed window to rear, inset spot lights, extractor fan.
Off Road Parking As previously mentioned, this maisonette has the added benefit of off road parking to the front of the property, sufficient to park several vehicles.
Garden A distinct advantage and benefit of this maisonette is that it has a good size Southerly facing area of its own garden which certainly sets it apart from a lot of other maisonettes.
The garden area is mainly laid to lawn, established with shrubs and trees and is quite private.
Within the garden there is a brick built storage shed with two access points, one ideal for bikes and the other has a sink unit and is where the washing machine is housed.
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
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FAQ
About 37, Park View Crescent, Chelmsford
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