3-bedroom house · CM2 7NL
Sold STCReduced £10k (−3.1%) on 22 SepListed 101 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offering three bedrooms and a garage & parking is this mid terraced home in a quiet walkway location.
Offering a small entrance porch, lounge and separate dining room, both a first floor family bathroom & ground floor wet room, and a private rear garden!
Situated within walking distance to nearby shops and local schooling, the city centre & it’s mainline station. Call Hamilton Piers to view!
Ground Floor Accommodation: Entrance Porch: UPVC entrance door into small porch area, double glazed window to front, wooden door into inner entrance hall.
Inner Hallway: Wooden entrance door, stairs to first floor, radiator, wood effect flooring, doors to- Lounge: (3.99m x 3.38m (13'01" x 11'01")) Double glazed window to front, feature fire-place, radiator, door to diner.
Diner: (2.97m x 2.64m (9'09" x 8'08")) Double glazed window to rear, radiator.
Kitchen: (2.92m x 2.92m (9'07" x 9'07")) Double glazed window to rear and door into porch space, round edge worktops with stainless drainer sink inset, tiled splashback, matching wall and base units, electric hob and oven, space for under counter fridge and freezer, washing machine, storage cupboard, radiator, vinyl flooring.
Wetroom: (2.11m x 1.42m (6'11" x 4'08")) Double glazed window to side, shower, pedestal hand basin, low level w/c, heated towel rail, fully tiled First Floor Accommodation: Landing: Storage cupboard, loft hatch, doors to- Bedroom One: (3.94m x 3.18m (12'11" x 10'05")) Double glazed window to front, radiator.
Bedroom Two: (3.05m x 2.72m (10'00" x 8'11" )) Double glazed window to rear, built in wardrobe, radiator. Bedroom Three: (3.00m x 2.39m (9'10" x 7'10")) Double glazed window to front, radiator.
Bathroom: (2.39m x 3.00m (7'10" x 9'10")) Double glazed window to rear, bath with shower over, pedestal hand basin, low level w/c, fully tiled, radiator, vinyl flooring.
Exterior: Rear Garden: Patio to immediate rear, pathway to rear gate with rest laid to lawn, brick storage shed, shrubs to border, gate to rear access with on block garage.
Frontage: Located in a quiet walkway location, with small laid to lawn front garden. Garage & Parking: Garage on block with parking outside.
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
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FAQ
About 367, Meadgate Avenue, Chelmsford
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