2-bedroom house · CM1 2RG
Listing removedReduced £5k (−1.3%) on 2 JulListed 141 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £400,00 - £415,000! This very attractive period property on South Primrose Hill is just minutes from the City Centre, and of course its mainline railway station.
Over the years the current owners have created a fantastic home that is both warm and inviting, but have also updated with a re-modelled kitchen and shower room.
There are double glazed sash style windows with shutters to most rooms whilst, period style fireplaces enhance the property's character.
There are two good size reception rooms on the ground floor whilst, to the first floor there are two double bedrooms and a superb shower room.
To the rear there is a beautiful style cottage garden with various places to sit and relax each offering a good degree of privacy. Viewing is strongly advised.
Sitting Room (3.56m x 3.25m) Sash style double glazed windows to front with shutters, fireplace and radiator.
Dining Room (3.58m x 3.51m) Sash style window to rear, fireplace, stairs rising to first floor with understairs cupboard, radiator.
Kitchen (4.17m x 1.93m) Inset spotlights, sash style window to side, Velux style window to rear with a further low level window with views to the garden.
The kitchen is fitted with a comprehensive range of gloss fronted wall and base level units with square edged granite worktops, inset single drainer sink unit with mixer tap, four ring gas hob with separate oven and microwave, space for washing machine, Victorian style radiator, door to side.
First Floor Landing Access to loft, radiator. Bedroom One (3.28m x 3.20m) Sash style double glazed window to front with shutters, fireplace, fitted wardrobe, radiator.
Bedroom Two (3.48m x 2.64m) Sash style window to rear with shutters, over stairs cupboard, fireplace, radiator.
Re-Fitted Shower Room Inset spotlights, sash style window to rear with shutters, suite comprises wash hand basin with mixer tap and storage under, modern w.c.
With full and half flush, step in shower unit with glazed screen and rain head style shower, tiling to walls and floor, heated towel rail.
Garden The front garden is heavily stocked with various flowers and shrubs to borders with steps up to its main entrance door.
The rear garden has been beautifully landscaped by the current owner and offers plenty of places to sit and relax in many part with a good degree of privacy.
There is a timber shed to remain at the far end of the garden alongside a further seating area.
Please note that the property is subject to a Pedestrian Right of Way as with many of this type of property. There is a small path and gate just outside the kitchen.
Agents Note We have been made aware by our client that the property has previously had a small structural concern due to a collapsed drain.
This at the time was remedied with appropriate works completed and has caused no issues since with regard to the structure and/or any refusal of insurance.
Details can be obtained by the Agent if necessary.
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 58, South Primrose Hill, Chelmsford
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