We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom bungalow · CM1 4EG
Sold STCReduced £25k (−6.7%) on 6 SepListed 79 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary **two bedroom semi-detached bungalow £375,000** Situated within a quiet and established residential location, this well-presented two-bedroom semi-detached bungalow offers spacious and versatile accommodation, ideal for a range of buyers.
Description The property comprises a generous reception room, a fitted kitchen, two well-proportioned bedrooms, a bathroom, and a bright conservatory providing additional living space overlooking the rear garden.
Externally, the property benefits from a well-maintained private garden, perfect for outdoor entertaining or relaxation, together with off-street parking for multiple vehicles.
Conveniently positioned close to local amenities, reputable schools, and excellent transport links, this attractive bungalow combines peaceful living with everyday convenience.
Offering excellent potential for buyers looking to personalise their next home, early viewing is highly recommended.
Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover 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.
Bedroom 1 10' 11" x 10' 6" ( 3.33m x 3.20m ) Bedroom 2 11' x 10' 2" ( 3.35m x 3.10m ) Lounge 12' x 10' 11" ( 3.66m x 3.33m ) Conservatory 10' 7" x 9' 6" ( 3.23m x 2.90m ) Kitchen 9' 11" x 6' 7" ( 3.02m x 2.01m ) Shower Room 6' 7" x 6' 5" ( 2.01m x 1.96m ) Utility Area 12' 6" x 9' 10" ( 3.81m x 3.00m ) 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 28, Skerry Rise, Chelmsford
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