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 6UA
No longer listedReduced £25k (−5.9%) on 6 SepListed 89 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a popular residential location on the northern side of Chelmsford, this well-presented three bedroom semi-detached home offers bright and spacious accommodation extending to approximately 909 sqft., making it an excellent choice for first-time buyers, growing families and downsizers alike.
The ground floor begins with an entrance hall leading through to an impressive dual-purpose lounge/diner, measuring over 23' in length.
The bay-fronted reception room provides a comfortable space for both relaxing and entertaining, with an abundance of natural light creating a warm and welcoming atmosphere.
To the rear of the property is a fitted kitchen/breakfast room offering ample workspace and storage, with direct access into the conservatory.
Overlooking the garden, the conservatory provides a versatile additional reception area that can be enjoyed throughout the year, whether as a dining space, home office or family room.
The first floor offers three well-proportioned bedrooms, together with a modern shower room.
The accommodation has been thoughtfully maintained and is presented in good order throughout, allowing a purchaser to move straight in and enjoy the property from day one.
Externally, the home benefits from off-road parking and a garage, providing valuable parking and storage solutions.
The rear garden offers an attractive outdoor space for relaxing, entertaining and family enjoyment.
Mayne Crest occupies a convenient position within easy reach of a range of local amenities, including shops, supermarkets, schools and leisure facilities.
Chelmsford city centre is readily accessible, offering an extensive selection of retail outlets, restaurants, bars and entertainment venues.
For commuters, Chelmsford railway station provides direct services to London Liverpool Street, while excellent road links via the A12 and surrounding routes make travelling throughout Essex and beyond straightforward.
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 5, Mayne Crest, Essex
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