3-bedroom house · CM1 4JD
Listing removedReduced £25k (−6.3%) on 21 JunListed 181 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**** guide price: £400,000 - £425,000 **** This beautifully presented three-bedroom semi-detached family home has been refurbished throughout and is ideally positioned within Chelmsford city centre, offering convenient access to a wide range of shopping, dining, and leisure facilities.
The property is also within walking distance of Chelmsford railway station, providing direct links into London, and benefits from excellent road connections via the A12.
Families will particularly appreciate its location within the catchment area for highly regarded schools, including King Edward VI Grammar School and Chelmsford County High School for Girls.
Approached via a generous driveway providing ample off-road parking for several vehicles, the home opens into a welcoming entrance hall with useful understairs storage.
The ground floor features a bright dual-aspect lounge/diner with built-in storage, creating a spacious and versatile living area.
The modern fitted kitchen is equipped with an electric hob and oven, along with space for a fridge freezer and dishwasher, and is complemented by a separate utility room offering space and plumbing for a washing machine and tumble dryer.
Upstairs, there are three well-proportioned bedrooms, along with a separate WC and a family bathroom. Additional storage is available via loft access from the landing.
Externally, the property benefits from a well-maintained and private rear garden, featuring a patio area and a lawn, ideal for outdoor enjoyment. Two sheds provide further storage solutions.
Early viewing is highly recommended to fully appreciate the quality, space, and excellent location this home has to offer.
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
Agent & docs
FAQ
About 16, North Avenue, Essex
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