1-bedroom house · CM3 5FB
Listing removedListed 129 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** sold prior to marketing** Located within walking distance of the town centre and amenities, and being marketed with the advantage of no onward chain, is this one bedroom semi-detached home.
The ground floor accommodation comprises: Living room and fitted kitchen. The first floor houses a bedroom and a shower room.
Externally benefitting from a South-East facing garden with a summerhouse/garden room, an adjoining car port and further parking for two vehicles.
There is additional potential for off street parking to front aspect.
Council Tax Band: B Entrance Via Composite Door With Obscure Glass Panels: Living Room 12'8" x 11'10" uPVC double glazed window to front aspect, radiator, feature exposed brick wall, staircase leading to the first floor accommodation, open to: Kitchen 11'9" x 6'8" (max.) uPVC double glazed window and door to rear aspect, radiator, tiled effect vinyl flooring.
Fitted with a range of base level units and drawers with rolled top work surfaces and tiled splashback over, inset sink and drainer unit with mixer tap, built in electric oven & hob with extractor hood over, space for fridge freezer and washing machine.
A range of wall mounted units, Ideal gas boiler. First Floor Landing Built-in airing cupboard, doors to first floor accommodation.
Bedroom 12'4" (max.) x 11'9" (Reducing to) 8'8" uPVC double glazed window to front aspect, a range of fitted wardrobes, radiator, access to loft via hatch.
Shower Room 8'8" (max.) x 7' Obscured uPVC double glazed window to rear aspect, part tiled walls, tiled effect vinyl flooring, radiator.
Suite comprising: Tiled shower enclosure, tiled counter top wash hand basin, low level WC.
Garden South-East facing garden commencing with a hardstanding area and the remainder is mainly laid to lawn with flower and shrub borders, summerhouse/garden room, external tap, gated side access.
Front Of Property Adjoining car port with further off street parking for two vehicles. The remainder is mainly laid to lawn and provides potential for further off street parking.
Agent's Note The agent suggests that any interested parties should make contact with the estate agent prior to booking a viewing as the seller has been unable to provide any material information.
Buyer's Information Pack Please see below a link to the Buyers Information Pack / ta Forms: A27dea88dbb
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
Agent & docs
FAQ
About 10, Tutors Way, Chelmsford
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