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 work3-bedroom terraced house · CM1 2TE
Sold STCReduced £15k (−4.8%) on 25 OctListed 103 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a convenient location close to Chelmsford city centre, this attractive three bedroom terraced home combines spacious accommodation with a fantastic outdoor space, making it an excellent choice for a variety of buyers.
The ground floor offers a bright and spacious living room, providing the perfect space to relax or entertain.
To the rear of the property is the open plan kitchen and dining area, creating a sociable hub of the home with ample worktop and storage space, as well as room for family dining.
French doors lead directly out to the impressive rear garden, allowing natural light to flood the space and seamlessly connecting indoor and outdoor living.
Upstairs, the property benefits from three well proportioned bedrooms, with two generous doubles and a comfortable third bedroom that would also make an ideal nursery, dressing room or home office.
The family bathroom is complemented by a separate WC, offering added practicality for busy households.
Externally, the standout feature is the approximately 100ft rear garden, providing an excellent space for entertaining, children to play or keen gardeners to enjoy.
To the front, the property benefits from driveway parking, adding further convenience.
Located within easy access of Chelmsford city centre, residents can enjoy a fantastic selection of shops, restaurants, bars and leisure facilities, along with excellent transport links including Chelmsford railway station offering direct services into London Liverpool Street.
The property is also well placed for local schools, parks and everyday amenities.
This is a fantastic opportunity to purchase a well presented home in a sought after location, offering generous living accommodation, excellent outside space and superb convenience.
Early viewing is highly recommended.
Entrance Hall Lounge 17'5" x 14'2" (5.31m x 4.32m) Dining Area 8'8" x 6'1" (2.64m x 1.85m) Kitchen Area 11'6" x 8'7" (3.51m x 2.62m) First Floor Landing Bedroom 11'4" x 11'3" (3.47m x 3.43m) Bedroom Two 12'6" x 9'0" (3.81m x 2.74m) Bedroom Three 10'10" x 8'4" (3.30m x 2.54m) Bathroom 6'0" x 5'5" (1.83m x 1.65m) Separate WC 4'3" x 2'7" (1.30m x 0.79m) Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
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
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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 Waterhouse Lane, Chelmsford
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