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 · CM3 3LT
Sold STCListed 349 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rarely available village location, three bedroom property with no onward chain and an open aspect to the rear.
Arranged over 3 floors, the ground floor accommodation enjoys a lounge, kitchen/breakfast room separate utility and conservatory with the addition of a solid warm roof.
Little Waltham is a picturesque village on the outskirts of Chelmsford with excellent road links to the Chelmsford City centre and Stansted Airport.
ENTRANCE HALL Stairs that rise to the first floor, radiator, doors to GROUND FLOOR CLOAKROOM Window to side, radiator, low level w.c.
LOUNGE 4.39m (14'5) x 3.78m (12'5) Window to front, further window to side, radiator, closed log burner.
KITCHEN / BREAKFAST ROOM Window and door to rear, extensive range of base and wall level units complimented by roll top work surface, single drainer sink unit, tiled splash backs.
UTILITY ROOM Door leading to conservatory. FURTHER STORAGE / BOILER ROOM Window to rear.
CONSERVATORY 3.73m (12'3) x 2.62m (8'7) Part brick and double glazed, has the addition of a solid warm roof, doors opening onto the rear garden.
FIRST FLOOR LANDING Stairs to second floor landing, doors to BATHROOM Refitted with window to rear, suite comprising pedestal wash hand basin, low level w.c, bath with shower over, chrome towel rail, tiled flooring, tiled walls.
BEDROOM ONE 4.37m (14'4) x 3.76m (12'4) Window to side, radiator. BEDROOM TWO 2.82m (9'3) x 2.44m (8') Window to rear, radiator.
SECOND FLOOR LANDING Access to BEDROOM THREE 3.1m (10'2) x 3.05m (10') Window to rear, radiator.
REAR GARDEN The property benefits from a good size rear garden with a fairly open aspect to the rear, patio area, mostly laid to lawn, timber shed, shrub borders, central path which leads to a pedestrian gate at the rear boundary accessing some communal parking.
There is a mature front garden which is partly paved with a selection of shrubs. REAR OF PROPERTY
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 Rectory Close, CM3
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