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 house · CM1 4HB
Sold STCListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** NO ONWARD CHAIN - WALK TO CITY CENTRE AND STATION - OUTSTANDING SCHOOLS IN CLOSE PROXIMITY *** A chance to acquire a THREE DOUBLE BEDROOM semi detached family home situated in a sought after 'Avenues' cul-de-sac off Broomfield Road.
The property, which has excellent accommodation over three levels and has undergone extensive modernisation in recent years.
Ground floor: STAGGERED HALLWAY, CLOAKROOM, SPACIOUS SITTING ROOM, LARGE KITCHEN/DINER. First floor: BEDROOMS TWO AND THREE, ADDITIONAL STUDY/COT ROOM, MODERN FAMILY BATHROOM.
Second floor: BEDROOM ONE, MODERN EN SUITE SHOWER ROOM.
It has cavity wall insulation, upvc triple glazed windows with bespoke shutters to some rooms, rewired, gas Wiesmann boiler and radiators and LED lighting.
Locality Information - The property is within walking distance of the city centre with its mainline railway station to London, and is very close to Chelmer Valley Nature Reserve, locally known as 'The Bunny Walks' - a scenic trail running along the banks of the River Chelmer.
There are outstanding schools close by which include The King Edward Grammar School, The County High for girls and St John Payne Catholic School.
Chelmsford city centre has a vibrant atmosphere and enjoys many restaurants, bars and cinemas.
There is easy access to various link roads surrounding Chelmsford which include the A12, A414 and the B1008 and A120 to Stansted. Accommodation Comprises - Composite entrance door to hall.
Staggered Entrance Hall - Tiled flooring, built in cupboard housing a water softener, doors to cloakroom and sitting room.
Modern Cloakroom - White suite comprising low level wc, vanity wash hand basin with tile splashback, tiled flooring, chrome heated towel rail, frosted upvc triple glazed window to side.
Spacious Sitting Room - 5.59m x 3.96m (18'4 x 13) - Contemporary tall slimline radiator, laminate flooring, bow upvc triple glazed window to front with bespoke shutters, opaque glazed double doors to kitchen/diner.
Reverse View - Large Kitchen/Diner - 5.74m x 4.98m (18'10 x 16'4) - A great room for entertaining.
A comprehensive range of granite worktop space and central island with ample drawers, cupboards, wine store and shelves below, two tall cupboards, appliances to remain include: Bosch gas four ring hob, double oven/grill, Neff extractor hood above, CDA dish washer and Hoover washing machine.
Contemporary tall slimline radiator, space for American style fridge freezer, tiled flooring, upvc triple glazed window to rear, deep storage cupboard also housing the Wiesmann gas boiler, two upvc triple glazed patio doors to rear garden.
Further View - Kitchen Area - Landing - Laminate flooring, linen cupboard housing a radiator, upvc triple glazed window to side, stairs to second floor.
Bedroom Two - 4.01m x 3.07m (13'2 x 10'1) - Radiator, laminate flooring, excellent range of built wardrobes, upvc triple glazed window to rear with bespoke shutters.
Built In Wardrobes - Bedroom Three - 3.63m x 3.07m (11'11 x 10'1) - Radiator, laminate flooring, upvc triple glazed window to front with bespoke shutters.
Study/Cot Room - 1.91m x 1.88m (6'3 x 6'2) - Radiator, laminate flooring, two inset ceiling spot lights, upvc triple glazed window to front with bespoke shutters.
Modern Family Bathroom - White suite comprising shower bath with watering can style shower head above and screen door, pedestal wash hand basin, low level wc, two inset ceiling spot lights, wall mounted mirrored medicine cabinet, upvc frosted triple glazed window to rear.
Second Floor Landing - Door to bedroom one.
Bedroom One - 5.44m x 3.25m (17'10 x 10'8) - Radiator, laminate flooring, eight inset ceiling spot lights, triple built in wardrobe, two useful eaves storage cupboards, two Velux sky light windows to front.
Additional View - En Suite Shower Room - White suite with vanity wash hand basin with tile splashback, low level wc, tiled shower unit, heated towel rail, upvc triple glazed window to rear.
Parking - The front garden has been brick paved for low maintenance and provides off road parking for two cars. There is permit parking to the road also.
A sidegate gives access through to the rear garden.
Good Size Attractive Rear Garden - There is a raised paved patio to the rear elevation with pathway leading off to the lower garden area with a further large paved patio and feature rustic archway.
The remainder is lawned with well stocked shrub borders and trees and fenced boundaries. Water tap and rear gate access.
Lower Garden Area - Rear Elevation - Agents Note - There is a larger than average garage/workshop located to the rear of the property which is accessed via a service road.
It is held on a separate deed and can be purchased separately if required. Please call for further details.
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 Fifth Avenue, Chelmsford
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