1-bedroom terraced house · CM2 6RW
Listing removedListed 385 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*RARELY AVAILABLE FREEHOLD PROPERTY* Boasting NO ONWARD CHAIN and spacious OPEN PLAN LIVING with a NEWLY FITTED KITCHEN, one sizeable bedroom and NEW ELECTRICS THROUGHOUT is this fully modernised cluster house.
Benefiting from plenty of storage, updated bathroom, allocated parking, plus private courtyard frontage overlooking a communal garden set in a quiet mews location.
Walking distance to locals shops and schools, including 5 mins from riverside country walks - With convenient access to A12 and direct bus routes into City Centre.
A perfect starter home, downsize or investment property, call Hamilton Piers, local experts in Chelmer Village, to book your viewing!
Ground Floor Accommodation: - Entrance: - Composite entrance door onto open plan living.
Open Plan Living: - 5.03m x 3.96m (16'06" x 13'00") - Living Area: - Dual aspect double glazed bay fronted window to front and window to rear, wall mounted electric radiator, wood flooring, understair storage/workspace, wood effect flooring.
Kitchen Area: - 3.96m x 1.70m (13'00" x 5'07") - Double glazed window to rear, square edge worktops with stainless sink inset, matching base units with space for washing machine and dishwasher, electric hob with extractor over, integrated oven, storage cupboard with space for fridge/freezer, wood effect flooring.
First Floor Accommodation: - Landing: - Small landing space with storage cupboard and seperate airing cupboard housing water tank, loft hatch.
Bedroom One: - 3.15m x 2.92m (10'04" x 9'07") - Double glazed window to front, x2 built in storage cupboards, elecrtic radiator, wood effect flooring.
Bathroom: - 1.96m x 1.78m (6'05" x 5'10") - Double glazed window to rear, bath with shower over, pedestal hand basin, low level W/C, electric heated chrome towel rail, vinyl flooring.
Exterior: - Front Garden: - Private courtyard front garden with picket fence and gate, overlooking communal gardens.
Parking: - Resident car park with allocated parking for one vehicle and further visitor spaces available.
Service Charge Information: - This property is FREEHOLD but a service £1600 per annum (approx) charge is payable this includes- maintenance of Communal Grounds, Buildings insurance, management fee.
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
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FAQ
About Colyers Reach, Chelmer Village, Chelmsford
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