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See how verdicts work3-bedroom detached house · CM1 1TG
Listing removedListed 264 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**** no onward chain **** This unique three bedroom detached family home occupies a highly convenient central position within the heart of Chelmsford and offers a rare opportunity to acquire a bespoke property with generous accommodation and significant potential for refurbishment and modernisation.
Bespokely built by the current owners, the home provides well balanced living space and an expansive, fully established rear garden, making it an exciting prospect for those seeking to create a personalised family residence.
Approached via a block paved driveway with an adjoining front garden, the property opens into a welcoming entrance hall featuring useful under stairs storage, a downstairs cloakroom and direct access to the integral garage.
The ground floor accommodation comprises a bright and spacious lounge with a feature gas fireplace and a door leading into a lean-to conservatory, which enjoys views over and access to the rear garden.
The well proportioned kitchen diner is fitted with a range of wall and base units, offers ample space for freestanding appliances and benefits from a large pantry larder and a door opening directly onto the garden.
To the first floor, there are three well proportioned bedrooms and a family bathroom.
The mezzanine landing incorporates storage cupboards and has plenty of natural light and aspect throughout the upper floor.
Externally, the property boasts an expansive, fully established private rear garden, featuring a patio area and a lawned garden, with side access available.
Further benefits include a garage with light and power connected and a driveway providing ample off-road parking.
The location is a particular highlight, with Chelmsford City Centre just a short walk away, offering a comprehensive range of shops, restaurants, cafés and leisure facilities.
Chelmsford railway station is also within easy reach, providing direct services to London Liverpool Street, Colchester and Ipswich, while regular bus services and nearby green spaces such as Central Park and Admiral’s Park further enhance the appeal.
Palmer & Partners strongly recommend early internal viewing to fully appreciate the potential, space and exceptional central location this distinctive home has to offer.
Entrance Hall Downstairs Cloakroom Lounge 5.45 x 3.66 Lean-To Conservatory 4.3 x 2.3 Kitchen Diner 4.86 x 3.16 First Floor Landing Bedroom 1 2.66 x 3.14 Bedroom 2 3.2 x 3.0 Bedroom 3 4.0 x 2.4 Bathroom 1.6 x 2.15
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
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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
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FAQ
About 130, Coval Lane, Essex
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