1-bedroom terraced house · CM2 6RN
Listing removedListed 74 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This ideally located one bedroom house boasts a contemporary finish throughout having undergone rennovation work approximately 12 months ago.
Inside, there is a living room with a breakfast bar separating it from the kitchen, which benefits from a cooker, space for appliances and a dining area on the left-hand side.
To the first floor, there is a bedroom, white bathroom suite and a useful storage cupboard positioned on the landing.
Outside, the property benefits from well-maintained communal garden spaces, along with an allocated parking space.
Chelmer Village shopping square is within walking distance with various amenities including an ASDA superstore and is on a bus route to the City centre and railway station which is appx 2.4 miles to travel.
Nearby, there are a number of greenspaces at your leisure, as well as two well established popular pubs with restaurant facilities, The Miller & Carter and next door the Fox & Raven.
The A12 is easily accessible, making Chelmer Village extremely well connected. Agents note: this property does not come with any white goods.
These marketing photographs were taken prior to the current tenancy. This property is within Council Tax band B. The annual Council Tax bill for this property is £1,806.98.
This amount does not include any discounts or exemptions. Tenants permitted payments info: We will charge a tenant the following: 1.
to secure a property a holding deposit of no more than one weeks’ rent; 2. a security deposit with a maximum of 5 weeks rent, or 6 weeks on a property with rent over £50,000 per year; 3.
the rent; * We may charge a tenant the following default fee’s/payments: 4. default fee for late payment of rent (after 14 days); 5. reasonable charges for lost keys or security fobs; 6.
payments associated with contract variation, at £50 or reasonable costs incurred if higher, when requested by the tenant; 7.
payments associated with early termination of the tenancy, when requested by the tenant; and 8.
payments in respect of bills - utilities, communication services, TV licence, council tax and green deal or other energy efficiency charges. Tenants T&C’s can be supplied on request..
holding deposit is refundable subject to the t&c's Company Let Fee’s Apply (non housing act tenancy): Admin fee £300 inclusive of Vat Tenancy renewal fee £150 inclusive of vat As an integral part of the community, we’ve gotten to know the best professionals for the job.
If we recommend one to you, it will be in good faith that they’ll make the process as smooth as can be.
Please be aware that a small number of the parties we recommend (certainly not the majority) may on occasion pay us a referral fee up to £200.
You are under no obligation to use a third party we have recommended. Please note that the Home Partnership do not take referral fees for contractors services relating to property maintenance.
Living Room 2.64 m x 3.96 m (8'8" x 13'0") Kitchen/Diner 2.64 m x 2.24 m (8'8" x 7'4") Bedroom 3.15 m x 2.95 m (10'4" x 9'8") Bathroom 1.96 m x 1.70 m (6'5" x 5'7")
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Colyers Reach, Chelmer Village, Chelmsford
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