3-bedroom terraced house · CM1 6NL
Sold STCListed 19 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Boasting an unoverlooked & very generously-sized rear garden, spacious 21' dual aspect lounge/diner and immaculately presented throughout is this well-proportioned three bedroom end-terrace property.
Benefiting from a garage (potential to convert*) and driveway parking, potential to extend (STPP) and ideally tucked away in a cul-de-sac location.
Walking distance to all local shops/amenities & popular schools with convenient access to Beaulieu Station, A12 and Chelmsford City Centre & Mainline Station - Ideal for first time buyers.
Call Hamilton Piers of Springfield to view!
***guide price £350,000-£375,000*** The accommodation, with approximate room sizes, is as follows: Ground Floor Accommodation: Entrance Hall: Secure main entry door, stairs to first floor, wood flooring.
Lounge / Diner: (6.73m x 3.76m reducing to 2.21m (22'1 x 12'4 reduc) Double glazed windows to front and rear aspects, two storage heaters, carpeted flooring.
Kitchen: Double glazed window to rear aspect, a series of matching base and wall units, roll top work surfaces incorporating a single bowl sink with central mixer tap and drainer, space for cooker and hob, low level fridge/freezer and washing machine, tiled flooring.
Secure door to rear aspect. First Floor Accommodation: Landing: Airing cupboard, loft access, carpeted flooring.
Bedroom One: (3.71m x 3.00m (12'2 x 9'10)) Double glazed window to front aspect, storage heater, carpeted flooring.
Bedroom Two: (3.10m x 2.97m (10'2 x 9'9)) Double glazed window to rear aspect, storage heater, carpeted flooring.
Bedroom Three: (2.08m x 2.08m (6'10 x 6'10)) Double glazed window to front aspect, storage heater, carpeted flooring.
Family Bathroom: Opaque double glazed window to rear aspect, panelled bath with central mixer tap and shower over, low level WC, pedestal wash hand basin, storage heater, wood flooring.
Exterior: Rear Garden: Unoverlooked and very generously sized rear garden, enclosed by fencing and comprising a patio area to immediate property rear with remainder mainly laid to lawn, mature shrub borders, access door to garage and gated side access.
Garage, Driveway & Parking Single garage fitted with power, lighting and up & over door. Driveway parking for one vehicle with further on-street parking available on a free-for-all basis.
Agents Notes: Council Tax Band: C For further information regarding this property, please contact Hamilton Piers.
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 16, Begonia Close, North Springfield, Chelmsford
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