2-bedroom house · CM3 5LY
Sold STCListed 39 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** Reservation agreement available*** Offered for sale is this two bedroom family home benefitting from a open plan 22' lounge/kitchen, modern family bathroom, 35' south facing rear garden and off street parking for two vehicles.
Also being conveniently located for South Woodham station and Elm Wood primary school. Entrance Entrance via composite entrance door to entrance hall.
Entrance Hall Wood laminate flooring, coving to ceiling, open to: Lounge / Kitchen 22'9x13'10 reducing to 11'1 UPVC triple glazed window to rear, range of base level units and drawers with square edge surfaces over, inset sink and drainer unit with mixer tap, built in Lamona oven with Lamona four ring gas hob, integrated Indesit fridge freezer and integrated Lamona dishwasher, concealed space for washing machine, range of matching eye level units, wood laminate flooring, coving to ceiling, complimentary tiling to walls, stairs to first floor with understairs storage cupboard, UPVC double glazed French doors leading to garden, coving to ceiling, UPVC triple glazed window to front.
Landing Tripled glazed UPVC window to front, loft access, doors to: Bedroom One 14'1x9'1 reducing to 7'2 UPVC triple glazed window to front, radiator, coving to ceiling Bedroom Two 12'x1 plus wardrobes reducing to 10'5x8'8 UPVC triple glazed window to rear, radiator, built in cupboard housing Glow-Worm combi boiler.
Bathroom 6'9x6'3 Obscure triple glazed UPVC window to rear, white suite comprising of panelled bath with shower over and mixer tap shower attachment, low level w/c, pedestal wash hand basin, complimentary tiling to walls, tiled flooring, chrome heated towel rail.
Garden 35ft South facing garden, commencing decked patio area, remainder being laid to lawn, outside tap, rear access.
Front Of Property Off street parking for one vehicle, remainder being laid to lawn, allocated space at the rear of the property.
Buyers Information Pack Please see below a link to the Buyers Information Pack / ta Forms:https://res.gazeal.co.uk/#/bip-docs?appuid= a8f0e3f9d
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 23, Coburg Place, Chelmsford
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