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See how verdicts work3-bedroom house · CO3 9BT
No longer listedReduced £25k (−6.7%) on 29 AugListed 200 days
Opportunity summary
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About
** Guide Price £375,000 to £400,000 ** A well-presented semi-detached family home in the popular Stanway Lexden district of the City, close to Philip Morant and Stanway Secondary Schools.
It offers a large rear garden and off road parking.
Situated in this popular residential location is this well-presented 3/4 bedroom semi with large rear garden and off road parking close to popular schooling.
Double glazed entrance door leads to the entrance hall with stairs leading to the first floor.
The lounge is located to the left and is of particular good size with windows to the front and rear along with a chimney breast feature.
The kitchen/diner is located to the rear and offers a range of fitted modern units, work surfaces, built-in four ring gas hob, double oven, extractor fan, sink with mixer taps, plumbing for dishwasher, space for fridge/freezer, French doors leading to the rear garden, double glazed window to the rear, tiled flooring and gives access to useful utility room with plumbing for a washing machine, fitted work surfaces and wall mounted cabinets.
Also to the ground floor, located from the hallway, is a study/bedroom four with double glazed window to the front and an en-suite comprising a shower cubicle, hand basin and WC.
The landing has double glazed window to the side. Bedroom one is located to the front with bedrooms two and three both being of particular good size and located to the rear.
The bathroom comprises a modern suite with panelled bath, WC, hand basin and an airing cupboard.
Outside To the rear of the property there is a good size garden which is mainly laid to lawn, enclosed by fencing with decked area to the rear and storage shed.
Side access leads to the front with off road parking for several cars.
Location The property is situated in the desirable Lexden Stanway district of the city amongst sought-after primary and secondary schooling including Stanway, Philip Moran, Homefarm and Prettygate primary schools/ Good shopping facilities are nearby at Stane Park and Tollegate retail parks which offer a varied range of shopping facilities via National outlet stores.
The A12 can be accessed London bound for the M25, A120 for London Stansted Airport and stations of the city offer services to London Liverpool Street Directions Please use a Sat Nav with the postcode CO3 9BT.
Important Information Council Tax Band - C Services – Mains water, drainage, gas and electric are connected. Tenure - Freehold EPC – tbc Our ref - TOL230104 pc
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 42, Straight Road, Lexden
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