3-bedroom terraced house · CM1 6SX
Sold STCListed 274 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An extremely well presented and considerably improved 3 bedroom house on a popular development in Springfield which is highly recommended!
The property comprises a cloakroom, lounge, refitted kitchen/dining/breakfast room plus there is a useful conservatory addition to the rear.
On the first floor there are 3 bedrooms ( 2 good doubles ) and a refitted shower room.
There is a longer than average garage and off road parking to the front and there is a Westerly facing rear garden within which is a large garden shed.
The property is conveniently situated for access to Chelmsford City centre and station and also for the newly opened Beaulieu Park station.
This property really needs to be internally viewed to be appreciated!
ENTRANCE HALL Laminate flooring, stairs to first floor, upright radiator, doors to CLOAKROOM Fitted with a white suite comprising w.c., vanity wash hand basin with mixer tap, laminate flooring, towel warmer, half height tiling, double glazed window.
LOUNGE 4.14m (13'7) x 3.23m (10'7) Radiator, double glazed window to front, door to kitchen and double doors leading to conservatory addition.
KITCHEN / DINING / BREAKFAST ROOM 5.31m (17'5) x 2.18m (7'2) Re-fitted with cream coloured high gloss units comprising working surfaces with built in hob, cooker hood, eye level oven with microwave, integrated fridge freezer, tiling over worktops, pull out larder cupboard, eye level cupboards, double glazed window to front, breakfast bar area with upright radiator, built in under stairs storage cupboard and further built in smaller cupboard, door to garden.
CONSERVATORY 2.87m (9'5) x 2.69m (8'10) A good size rear addition with laminate flooring, radiator, vaulted ceiling, fitted blinds, wall light points.
FIRST FLOOR LANDING Cupboard housing the gas fired boiler, access to loft space with loft ladder, doors to BEDROOM ONE 3.56m (11'8) x 3.23m (10'7) A sub divided room with part made over as a small dressing area to the rear, laminate flooring, two radiators, double glazed windows to front and rear.
BEDROOM TWO 3.07m (10'1) x 2.51m (8'3) Radiator, built in wardrobes, double glazed window to front BEDROOM THREE 2.64m (8'8) x 2.21m (7'3) Radiator, over stairs storage cupboard, double glazed window to front.
SHOWER ROOM Radiator, w.c., vanity wash hand basin with mixer tap, shower cubicle, heated towel rail, fully tiled walls, double glazed window to rear.
GARAGE A longer than average garage with an electric roller shutter door to the front, light and power connected, personal door giving access into the garden.
GARDENS To the front, virtually the whole garden has been block paved providing off road parking.
To the rear there is a paved patio area, lawn, well stocked borders, small pond, timber garden shed to remain, light and power connected, outside taps to both the front and rear.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Saddle Rise, CM1
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