3-bedroom terraced house · CM2 7NP
Sold STCListed 83 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price: £275,000-£300,000 Offered for sale with no onward chain, this three-bedroom end-of-terrace house presents an excellent opportunity for buyers looking to modernise and create a home to their own taste.
The accommodation begins with an entrance porch leading into a spacious lounge. To the rear is the kitchen, together with a ground-floor bathroom.
Upstairs, the property provides three well-proportioned bedrooms, making it suitable for families, first-time buyers or investors.
Externally, the home benefits from front and rear gardens, parking accessed from the rear and a detached garage, offering useful additional parking or storage space.
Although the property requires modernisation, it provides excellent potential to improve, reconfigure and add value, subject to any necessary planning permissions or building regulations.
An early viewing is recommended to appreciate the accommodation and potential this property has to offer.
Key Features Three-bedroom end-of-terrace house Requires modernisation Entrance porch Spacious lounge Kitchen Ground-floor bathroom Three good-sized bedrooms Front and rear gardens Detached garage Parking to the rear Excellent improvement potential No onward chain Guide price £275,000-£300,000 Location Meadgate Avenue is situated within the popular Great Baddow area of Chelmsford.
Great Baddow offers a strong community atmosphere and a good selection of everyday amenities, including local shops, pubs, schools, services and The Vineyards shopping centre.
Meadgate Shops and nearby bus stops provide services towards Chelmsford city centre and the railway station. Chelmsford city centre offers a wider range of shopping, dining and leisure facilities.
Chelmsford railway station provides direct services towards Stratford and London Liverpool Street, making the location convenient for commuters.
The area also provides convenient road access towards the A12, connecting Chelmsford with Colchester, Brentwood, the M25 and wider Essex.
A selection of primary and secondary schools is available locally, although purchasers should confirm individual catchment areas and admissions directly with the relevant schools and local authority.
Council Tax Band: C (Chelmsford City Council) Tenure: Freehold
Value & comps
No previous sales on record.
Returns
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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 Meadgate Avenue, Chelmsford
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