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 work4-bedroom house · CM2 6QA
Listing removedListed 190 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**** guide price: £525,000 - £550,000 **** **** no onward chain **** This four-bedroom detached family home presents an excellent opportunity for those seeking a property with scope to modernise and add value.
Requiring refurbishment and redecoration throughout, the home offers generous living space and a well-balanced layout, ideal for growing families or buyers looking to create a bespoke residence.
Situated in a pleasant and well-regarded residential area within the ever-popular Chelmer Village, the property is conveniently positioned close to a range of local amenities and highly regarded schools, making it particularly appealing for family living.
The location further benefits from easy access to Chelmer Village Retail Park, Chelmsford City Centre, and picturesque walking routes along the River Chelmer, as well as nearby parks and open spaces.
Internally, the ground floor comprises an entrance porch with a downstairs cloakroom, leading into a welcoming entrance hall.
The principal reception room is a good-sized lounge featuring a bay window, allowing for plenty of natural light, while a versatile second reception room offers flexibility for use as a dining room, playroom, or home office, with bifold doors opening onto the rear garden.
The kitchen is well-proportioned and fitted with a range of wall and base units, providing ample storage and space for freestanding appliances.
To the first floor, the property offers four well-proportioned bedrooms alongside a family bathroom.
There is also access to a fully boarded loft, complete with ladder and electrics, providing useful additional storage or potential for further development, subject to the necessary permissions.
Externally, the property enjoys a fully established private rear garden, predominantly laid to lawn with a patio area, ideal for outdoor entertaining.
To the front, there is a garage and a driveway providing ample off-road parking for multiple vehicles.
Palmer & Partners strongly recommend an early internal viewing to fully appreciate the potential this property has to offer and to avoid disappointment.
Porch Downstairs Cloakroom Entrance Hall Lounge 5.4 x 3.2 Second Reception Room 5.5 x 2.75 Kitchen 2.8 x 5.6 First Floor Landing Bedroom 1 3.9 x 3.0 Bedroom 2 2.1 x 4.0 Bedroom 3 2.8 x 3.2 Bedroom 4 2.8 x 2.4 Bathroom
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png)
FAQ
About 5, Barlows Reach, Chelmsford
Explore nearby