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See how verdicts work3-bedroom semi-detached house · CM1 4BJ
Sold STCReduced £10k (−4%) on 25 OctListed 228 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**** NO ONWARD CHAIN **** Offered to the market with no onward chain, this three bedroom semi-detached residence presents an excellent opportunity for buyers looking to refurbish and modernise a property to their own taste.
Situated in a sought-after location close to Chelmsford City Centre, the home offers well proportioned accommodation and great potential to create an attractive family residence.
Ideally positioned within easy reach of Chelmsford City Centre, the property benefits from convenient access to a wide range of amenities including popular retail outlets, cafés, restaurants and leisure facilities.
The location is also particularly well suited to commuters, with excellent transport links nearby including the A12, Chelmsford Mainline Railway Station and the recently opened Beaulieu Park Station, all providing fast and direct connections into London and surrounding areas.
The property is approached via a front garden with potential to convert it to a driveway with off-road parking.
Internally, the ground floor accommodation begins with a welcoming entrance hall leading to two good sized reception rooms, offering flexible living and dining space.
A separate kitchen is located to the rear of the property and has a door leading to the rear garden.
To the first floor, there are three well proportioned bedrooms along with a family bathroom and a separate WC.
There is also access to the loft from the landing, providing additional storage potential.
Externally, the property benefits from a private rear garden which is predominantly laid to lawn and includes a useful brick built shed offering additional storage space.
Requiring full refurbishment throughout, this property offers an exciting opportunity for buyers seeking a renovation project in a convenient Chelmsford location.
Palmer and Partners would strongly encourage early internal viewing to fully appreciate the potential this property has to offer and to avoid any disappointment.
Entrance Hall Lounge 4.11 x 3.30 Dining Room 2.5 x 2.8 Kitchen 3.1 x 2.5 First Floor Landing Bedroom 1 3.4 x 3.2 Bedroom 2 2.6 x 3.6 Bedroom 3 2.4 x 2.6 Bathroom WC Agent's Note Sale subject to probate
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
Agent & docs
FAQ
About Rutland Road, Chelmsford, Essex, CM1
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