2-bedroom bungalow · CM1 7BX
Sold STCListed 143 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**** GUIDE PRICE: £350,000 - £375,000 **** **** NO ONWARD CHAIN **** Offered for sale with no onward chain, this two-bedroom semi-detached bungalow presents an excellent opportunity for buyers seeking a property with substantial potential in a highly convenient location.
Requiring modernisation and redecoration, the property offers generous and versatile accommodation throughout, together with an expansive private rear garden, garage and ample off-road parking, making it an ideal prospect for those looking to create a home tailored to their own tastes and requirements.
The accommodation begins with a porch leading into a welcoming entrance hall, which provides access to the principal living areas.
The property benefits from three good-sized reception rooms, offering flexibility for a variety of lifestyles.
The spacious lounge features an attractive fireplace and enjoys direct access to the conservatory through glazed doors, creating a bright and relaxing space with views over the rear garden.
In addition, there is a dual-aspect dining room which benefits from plenty of natural light.
The kitchen is fitted with a comprehensive range of wall and base units, providing ample storage and work surface space.
It incorporates a gas hob, oven and grill, together with space for a fridge freezer and washing machine.
There are two well-proportioned double bedrooms, both benefiting from fitted wardrobes, while a spacious four-piece bathroom comprises a bath, separate shower cubicle, WC and wash hand basin, completing the accommodation.
Externally, the property continues to impress with a substantial and fully established rear garden, offering a high degree of privacy and plenty of outdoor space to enjoy.
Predominantly laid to lawn, the garden features mature borders, a generous patio area ideal for outdoor dining and entertaining, and a greenhouse, making it particularly appealing to gardening enthusiasts.
To the front, a driveway provides ample off-road parking for multiple vehicles and leads to the garage, offering additional storage or workshop potential.
Conveniently positioned close to a variety of local amenities, including independent shops, welcoming public houses and attractive open green spaces, the property offers the perfect balance of convenience and lifestyle.
A selection of highly regarded local schools are within easy reach, while Chelmsford City Centre is just a short drive away, providing an extensive range of shopping, dining and leisure facilities.
For commuters, excellent transport links are available via the A12, Chelmsford railway station and the forthcoming Beaulieu Park railway station, offering fast and direct connections into London and surrounding areas.
Offering excellent scope for improvement and available with no onward chain, this spacious bungalow represents a fantastic opportunity for buyers looking to modernise and create a superb home in a desirable location.
Porch Entrance Hall Lounge 4.5 x 3.7 Conservatory 2.9 x 3.9 Dining Room 3.8 x 3.3 Kitchen 3.2 x 3.3 Bedroom 1 2.9 x 4.0 Bedroom 2 3.6 x 3.0 Bathroom
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 Erick Avenue, Broomfield, Chelmsford, Essex, CM1
Explore nearby