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See how verdicts work3-bedroom house · CM8 2FY
For saleReduced £25k (−5.9%) on 25 AugListed 87 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**** guide price: £425,000 - £450,000 *** Situated in a highly convenient location within easy reach of Witham High Street, this well-presented three-bedroom detached family home offers modern and versatile accommodation, ideal for families, professional couples, or those seeking a spacious home with excellent local amenities.
The property benefits from superb transport links, reputable schools, shops, and public parks, making it perfectly positioned for both everyday living and commuting.
The accommodation comprises a welcoming entrance hall, a convenient downstairs cloakroom, and a bright dual-aspect lounge featuring French doors opening onto the rear garden.
The modern fitted kitchen/diner is well-equipped with an integrated oven and gas hob, ample storage, and space for a dishwasher and fridge freezer, with additional French doors providing direct access to the garden.
A separate utility room offers further storage and space for a washing machine.
To the first floor are three well-proportioned bedrooms, including the principal bedroom with an en-suite shower room, together with a contemporary family bathroom.
Externally, the property enjoys a well-maintained private rear garden featuring a generous patio seating area, a lawn, and a summer house providing useful additional storage.
To the side, a driveway and carport provide ample off-road parking.
Palmer & Partners strongly recommend an early internal viewing to fully appreciate the accommodation and location on offer and to avoid disappointment.
Entrance Hall Downstairs Cloakroom Lounge 3.3 x 5.8 Kitchen Diner 5.5 x 2.8 First Floor Landing Bedroom 1 4.0 x 3.2 Ensuite Shower Room Bedroom 2 3.8 x 3.2 Bedroom 3 2.1 x 2.2 Family 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
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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
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FAQ
About 12, Driver Way, Essex
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