3-bedroom bungalow · CM3 5PA
Listing removedListed 548 days
Opportunity summary
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About
This vastly extended three bedroom semi-detached bungalow enjoys one of the last plots in the area with an East-facing rear garden approaching 200' and additional space to the side, rendering it an exceptional development opportunity.
Having been well-maintained and benefitting from good proportions throughout, this super bungalow enjoys an excellent location in Mount Pleasant Road, which is a quiet unadopted road in the centre of swf and convenient for all of the Town's amenities.
Early viewing is strongly recommended to appreciate the potential that is rarely available on this scale.
Council Tax Band: D *Secure reservation agreement available Living Room 22' x 11' Coving to ceiling, hardwood entrance door to side aspect, window to front and rear aspects, fireplace, electric storage heater, obscured glazed door to bedroom which is currently being used as a dining room, and door to kitchen.
Kitchen 11' x 8'10" Window and door to rear aspect, door to lean to style conservatory.
Fitted with a range of base level cabinets and drawers with work surfaces and splashback over, inset 1 1/4 bowl sink and drainer unit with mixer tap, breakfast bar.
Integrated appliances including electric oven and grill with four ring electric hob and concealed extractor over, slimline dishwasher, space for further domestic appliances, door to: Inner Hall Loft access, doors to further accommodation.
Bathroom 7'9" x 7'1" uPVC double glazed window to rear aspect, built-in airing cupboard, complementary tiling.
Suite comprising: Panelled bath with separate taps, pedestal wash hand basin with separate taps, low level dual flush WC.
Bedroom 13'4" x 11' (Currently being used as a dining room) Coving to ceiling, uPVC double glazed window to front aspect, electric storage heater, obscured glazed door to living room and door to inner hall.
Bedroom 11'5" x 11' uPVC double glazed window to front aspect, electric storage heater. Bedroom 11' x 8'5" uPVC double glazed window to rear aspect, electric storage heater.
Lean To Style Conservatory 22'6" x 9'9" uPVC windows to all aspects, French doors to rear aspect leading to the garden.
Garden 180' x 62' (approx.) East-facing garden planted with a range of mature trees, bushes and shrubs and extensively laid to lawn. Storage shed to remain.
Front Of Property Driveway providing off street parking for up to three vehicles. Please See Below The Link To Access The Buyers Information Pack/Ta Forms F7e1beed31d
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 23, Mount Pleasant Road, Chelmsford
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