2-bedroom bungalow · CM2 7TT
For saleListed 165 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within a private off road position in the highly desirable Alexander Mews development for the over 55’s, this well presented two bedroom bungalow offers comfortable and low maintenance living with the added benefit of a garage and no onward chain.
The property features a spacious lounge diner, fitted kitchen complete with appliances, modern shower room and a recently refurbished double glazed conservatory overlooking the garden.
Externally, the bungalow enjoys well tended gardens with a paved patio and lawn area, offering a good degree of privacy despite the gardens being officially communal within the development.
Further benefits include a garage located close by within a block, communal and visitors parking, a 24 hour emergency call system and the reassurance of an on site Manager.
Residents also have use of The Lodge, a welcoming communal building situated within the centre of Alexander Mews, ideal for socialising and community events.
Constructed by Lovell Homes, Alexander Mews comprises approximately 40 properties and it is a condition of purchase that all residents are aged 55 years or over.
Entrance Hall Lounge/Diner 17'1 x 11'4 (5.21m x 3.45m) Conservatory 14'6 x 8'10 (4.42m x 2.69m) Kitchen 10'2 x 7'3 (3.10m x 2.21m) Bedroom 11'8 x 11'3 (3.56m x 3.43m) Bedroom Two 10'0 x 6'8 (3.05m x 2.03m) Shower Room Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
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 Alexander Mews, Chelmsford
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