2-bedroom terraced house · CM1 2TF
For saleListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautifully renovated two-bedroom modernised home that’s completely key turn ready.
Downstairs offers a bright living room, a separate dining/sitting room, and a practical galley kitchen complete with a double-fronted Rangemaster.
There’s also a handy utility room with a extra WC on the ground floor. Upstairs, you'll find two bedrooms and a sleek family bathroom with a rainfall shower.
Outside is a real standout: a private garden with two patio areas and a fully connected garden room (power & internet) perfect for a home office. Plus, you have private rear parking.
Waterhouse Lane is well placed for access into Chelmsford city centre, with its wide range of shops, restaurants, bars and everyday amenities.
The mainline railway station is also within easy reach, providing direct services into London, making the property particularly well suited to commuters.
Tenure: Freehold Band C is the council tax band for this property with an annual amount of £2,006.08. The Nitty Gritty (Top Gun Edition) Your Mission Starts Here.
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Your new home.
Lounge 3.63 m x 3.40 m (11'11" x 11'2") Dining Room 3.40 m x 3.40 m (11'2" x 11'2") Kitchen 3.91 m x 1.78 m (12'10" x 5'10") Utility Room 1.70 m x 1.65 m (5'7" x 5'5") Landing 3.38 m x 1.37 m (11'1" x 4'6") Master Bedroom 3.63 m x 3.40 m (11'11" x 11'2") Bedroom Two 3.43 m x 1.93 m (11'3" x 6'4") Bathroom 3.84 m x 1.73 m (12'7" x 5'8") Rear Garden Outbuilding / Home Office Parking
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.
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About Waterhouse Lane, Chelmsford
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