3-bedroom terraced house · CM2 9LQ
Let agreedListed 75 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
ENTRANCE HALL LOUNGE 13´1´´ x 10´5´´ KITCHEN/DINER 10´ x 9´6´´ Oven, hob and extractor. Dishwasher & fridge/freezer.
INNER HALL GROUND FLOOR CLOAKROOM FIRST FLOOR BEDROOM ONE 13´4´´ x 10´ Built in wardrobes. BEDROOM TWO 16´9´´ x 8´4´´ BEDROOM THREE 10´3´´ x 7´4´´ BATHROOM/WC White suite.
EXTERIOR REAR GARDEN Decking, lawn, Shed. CARPORT & PARKING Refundable Holding Deposit: A holding deposit equivalent to 1 week's rent is required to start an application for a rental property.
Successful Applications - Once the Assured Periodic Tenancy agreement has been signed.
the holding deposit is either refunded or with the applicants agreement will be offset against the first months rent and or deposit.
Deposit: A deposit equal to 5 weeks rent (6 weeks rent where the annual rent is greater than £50,000.00) will be required after the Assured Periodic Tenancy has been signed and at least 48 hours prior to the commencement of the tenancy.
Default fees; Additional variable charges may apply on a case by case basis at the end or during the course of the tenancy.
Fees are detailed within the Assured Periodic Tenancy Agreement, examples of these fees are as follows; Default of Contract - Late payment charge, at 3% above the Bank of England's base rate for each day the payment has been outstanding (after 14 days form the rent due date) Loss of Keys - The reasonable cost incurred by the landlord or Agent for the replacement of lost keys.
Contract Variation / Admin Charge - maximum of £50.00 Bartlett Hammond are members of the following; Property Redress Scheme (PRS) Client Money Protect (CMP) My Deposits and Deposit Protection Service (D.P.S)
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Burghley Way, Chelmsford
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