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See how verdicts work3-bedroom semi-detached house · CM1 7QH
Sold STCListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Overview Located in a quiet cul-de-sac in Springfield. Three bedroom family home close to schools.
The property benefits from a long rear garden, good sized parking area and a garage in a block close by. Some improvement works are needed. Hallway: Wood floor.
Cloakroom with w.c and washbasin with a window to the side aspect. Reception Room 1: 24'04 x 12'3 Wood floor, window to front aspect and sliding doors to the rear garden. Fire place and radiator.
Kitchen: 12' x 8'11 Selection of base and eye level cupboards. Sink and drainer. Cooker and space for fridge/freezer and washing machine. Window and door to rear garden. Landing: Carpet.
Window to side. Airing cupboard and access to the loft space. Bedroom 1: 12'11 x 10'11 Carpet to floor, window to front aspect. Built in cupboard. Radiator. Bedroom 2: 10'11 x 9'11 Carpet to floor.
Window to rear aspect. Built in cupboard. Bedroom 3: 9'01 x 7'11 Carpet to floor. Window to rear aspect. Radiator. Bathroom: 6' x 5'06 Suite comprising a bath with shower over, w.c and washbasin.
Window to front aspect. Further information
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 Tees Road, Chelmsford
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