2-bedroom terraced house · CM2 0AU
Sold STCListed 202 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This stunning period home is being offered for sale in excellent condition having been lovingly modernised and refurbished in recent months and years.
An impressive 916 SQFT of bright and airy living space awaits which you are instantly aware of upon entering due to have an entrance hall unlike many of the 750 SQ FT houses within the immediate area.
There is a through lounge/diner, a kitchen with integrated dishwasher and washing machine, two double bedrooms and a recently refitted and refurbished bathroom, located off of the landing.
Outside, there is on road permit parking for residents to front and a south-west facing courtyard style garden to rear.
Other benefits for this home include being situated within a short walk of the railway station through Central Park and still boasting stacks original features throughout.
Lower Anchor Street is situated within the heart of the City, just a short walk from Chelmsford railway station and High Street.
The Railway Station and High Street can be accessed on foot through Central Park which situated at the bottom of the road.
Chelmsford station has a frequent service to London Stratford from 31 minutes and Liverpool Street from 36 minutes.
The High Street has an extensive selection of places to eat, drink and socialise around the City.
With further access to High Chelmer, The Meadows and Bond Street where you will find the well-known retailer John Lewis.
Moulsham Street is a great alternative to visit with a number of independent eateries and several traditional public houses with a choice of real ales and hot food.
Tenure: Freehold Band C is the Council Tax band for this property and the annual council tax bill is £1,926.96.
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Ground floor Lounge 3.35 m x 3.05 m (11'0" x 10'0") Dining area 3.38 m x 3.68 m (11'1" x 12'1") Kitchen 4.27 m x 2.57 m (14'0" x 8'5") First floor Landing Bedroom 1 3.99 m x 3.05 m (13'1" x 10'0") Bedroom 2 4.44 m x 2.62 m (14'7" x 8'7") Bathroom 2.41 m x 2.46 m (7'11" x 8'1") Outside Front garden Rear garden
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.
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About Lower Anchor Street, Chelmsford
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