4-bedroom house · CM1 3GW
Listing removedListed 64 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** GUIDE PRICE £435,000 - £450,000 *** Ideal for the commuter is this four-bedroom town house being located 0.8 miles walking distance of Chelmsford City train station (reference google maps).
Well-proportioned and providing an excellent family home, this property has offers great contemporary living accommodation.
To the ground floor this property offers a welcoming entrance hallway, ground floor cloakroom, lounge and open plan kitchen / diner at the rear of the property is ideal for family living and also offers access into the rear garden.
The first floor offers the two of the double bedrooms and separate bathroom, the accommodation continues to the second floor which offers the further two bedrooms with bedroom one benefiting from an ensuite bathroom.
Externally as mentioned this home has a rear garden with small, paved patio area and the remaining laid to lawn.
To the rear of this home there is a garage which can also be accessed via the rear garden as well as an allocated parking space.
To appreciate this family home to its full potential, we strongly recommend an early internal inspection.
Parkinson Drive as mentioned is located conveniently to the city centre and located near the popular Central Park where you can enjoy riverside walks along the river can and access to the public park facilities.
The vibrant City centre offers the use of numerous bars, restaurants, shops and local amenities. Chelmsford station offers mainline rail links to London Liverpool Street.
Driving wise Chelmsford offers excellent road links to A12, M25 and A130. Agents Note: Abbotts have limited knowledge about the property, please confirm any enquiries via the conveyancing process.
we are also in the process of confirming measurements provided on floor plan Please note that the AML fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
Value & comps
No previous sales on record.
Returns
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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
FAQ
About Parkinson Drive, Chelmsford, Essex, CM1
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