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 work3-bedroom terraced house · CM1 3BZ
Sold STCListed 264 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** PRICED FOR A QUICK SALE *** A three bedroomed terraced family home which has been beautifully refurbished in recent months.
NO ONWARD CHAIN, EVERY ROOM NEWLY RENOVATED, NEW KITCHEN APPLIANCES, NEW FLOORING THROUGHOUT, NEW SMART HEATING SYSTEM AND BOILER WITH 5 YEARS WARRANTY, REWIRED, 60FT REAR GARDEN, POTENTIAL TO EXTEND, CATCHMENT AREA FOR GRAMMAR SCHOOLS, WALKING DISTANCE TO CITY CENTRE AND MAINLINE RAILWAY STATION TO LONDON.
Locality Information - In addition to being positioned close to local amenities. schooling and a shopping parade which has a Coop store.
There is good road access to Chelmsford City Centre; which enjoys the mainline Railway Station to London, numerous restaurants, bars, cinemas and a wide variety of recreational and retail outlets, including a John Lewis department store, located in the Bond Street quarter.
Porch - Upvc double glazed sliding door provides access to the porch with a part glazed door to entrance hall. Entrance Hall - Radiator, stairs to first floor, under stair cupboard.
Good Size Sitting Room - 4.01m x 3.84m (13'2 x 12'7) - Radiator, Upvc double glazed window to front.
Stylish Refitted Kitchen/Diner - 5.79m x 3.10m (19 x 10'2) - A modern room with plenty of worktop space incorporating ample drawers, cupboards and eye level cabinets, integrated appliances include: electric ceramic hob, oven/grill, contemporary extractor hood above and microwave.
Tall cupboard housing the Glow Worm gas boiler, further tall cupboard for fridge/freezer usage, space for washing machine and dish washer, tiled flooring, part tiled walls, numerous inset ceiling spot lights, radiator, upvc double glazed windows to rear, upvc double glazed door to rear garden.
Dining Area - Landing - Built in storage cupboard. Bedroom One - 3.45m x 3.10m (11'4 x 10'2) - Radiator, upvc double glazed window to front.
Bedroom Two - 3.43m x 3.05m (11'3 x 10 ) - Radiator, built in cupboard, upvc double glazed window to rear.
Bedroom Three - 2.49m x 2.44m (8'2 x 8) - Radiator, upvc double glazed window to front, stairwell to one corner.
Refitted Luxury Bathroom - Recently refurbished with panelled bath, contemporary shower head over and attractive shower screen, vanity wash hand basin with cupboards below, low level wc, heated towel rail, fully tiled walls and tiled flooring, inset ceiling spot lights, two frosted upvc double glazed windows.
Outside - The walled front garden is completely paved for low maintenance. A shared side passageway provides access through to the rear garden.
Long Rear Garden - There is a paved patio to the rear elevation enclosed a low brick wall. The remainder is lawned with fenced boundaries.
Agents Note - As is common for this development, we understand this property is built from MK3 Laing Easiform construction and it is advised that any potential buyer checks with their mortgage lender to confirm that they are happy to lend on this type of construction, most are.
Please also note that some of the photographs in this advertisement feature CGI furnishings.
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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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.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Milburn Crescent, Chelmsford
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