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See how verdicts work3-bedroom semi-detached house · RM12 4TR
For saleReduced £25k (−4.3%) on 15 OctListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within a popular residential location, this three-bedroom semi-detached family home offers spacious and versatile accommodation throughout, making it an ideal purchase for growing families and those looking to create their forever home.
The ground floor features a welcoming entrance hall, a bright and impressive through lounge measuring over 28ft in length, and a fitted kitchen with access to the rear garden.
To the first floor are two generous double bedrooms, a further single bedroom, and a family bathroom with separate WC.
Externally, the property benefits from a well-proportioned rear garden and a substantial detached outbuilding incorporating a garage/gym area and bar, offering excellent potential for a variety of uses including a home office, gym, entertainment space or hobby room.
A particular feature of this property is the wide side plot, providing excellent scope for a substantial side extension, subject to the necessary planning permissions and consents from the local authority.
The property also benefits from off-street parking accessed via a dropped kerb to the front of the garage area.
Conveniently located for local shops, schools, transport links and amenities, this property presents an excellent opportunity to acquire a home with both immediate appeal and future potential.
Disclosure ai has been used in front shots as neighbouring properties currently has scaffolding to the front of their property used to rmeove for advertisement purposes.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
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 23, Franmil Road, Essex
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