2-bedroom bungalow · CM2 6RU
Listing removedListed 99 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**** guide price: £325,000 - £350,000 **** **** no onward chain **** Offered for sale with no onward chain, this well-presented two-bedroom bungalow is situated in a lovely neighbourhood within the highly sought-after Chelmer Village area.
Boasting well-balanced accommodation, a beautifully established south-west facing garden, and a garage with driveway parking.
The accommodation begins with a welcoming entrance porch, leading into a bright and spacious open plan kitchen, lounge and dining area.
This impressive living space features a beautiful brick fireplace as its focal point, while two front-facing windows allow plenty of natural light to flood the room, creating a warm and inviting atmosphere.
The modern fitted kitchen is well-equipped with a range of integrated appliances, including an electric hob, oven, dishwasher, washing machine and space for a fridge freezer.
The property benefits from two well-proportioned bedrooms and shower room.
Externally, the property enjoys a generous and private south-west facing rear garden, predominantly laid to lawn with mature planting, creating a wonderful outdoor space to relax or entertain.
A covered patio area provides the perfect spot for al fresco dining, while pedestrian access leads directly to the garage, which benefits from both light and power.
To the front of the garage, a private driveway provides convenient off-road parking.
Chelmer Village is renowned for its strong sense of community and excellent range of local amenities, including nearby shops, supermarkets and the popular Chelmer Village Retail Park.
Residents can also enjoy scenic walking routes and attractive green open spaces, while Chelmsford city centre is just a short drive away, offering an extensive selection of shopping, restaurants, cafés and leisure facilities.
For commuters, the property is ideally positioned with easy access to the A12, and Chelmsford railway station provides direct services to London Liverpool Street, Colchester and Ipswich.
Palmer & Partners strongly recommend an early internal viewing to avoid disappointment. Entrance Porch Kitchen Lounge Diner 4.8 x 4.9 Bedroom 1 2.7 x 4.0 Bedroom 2 3.2 x 2.1 Shower Room Garage
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
Agent & docs
FAQ
About 9, Lakin Close, Chelmsford
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