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 6LR
Sold STCListed 189 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This semi-detached bungalow is a great opportunity for those looking to put their own stamp on a property.
This home offers two bedrooms, one bathroom, a lounge, dining area, kitchen, utility room, garage, and driveway. The property has been extended to the rear, providing additional living space.
The property is being sold with no onward chain, allowing for a swift and hassle-free transaction.
With excellent scope for improvement, this bungalow is perfect for someone looking to create their dream home. The possibilities are endless.
This property is situated in the highly sought after Old Springfield area positioned just a 1.5 mile walk of the City centre.
The area has a local parade of shops, with primary and secondary schooling available and is on a bus route to the City and railway station.
There is a choice of independent and state schools within easy reach as well. Chelmsford station has a frequent service to London Stratford from 31 minutes and Liverpool Street from 36 minutes.
The City centre offers two shopping centres and a busy high street with many national and international stores, restaurants and bars as well as a thriving market.
The Bond Street Shopping area has a John Lewis Department Store and an Everyman Cinema. Tenure: Freehold Council Tax: The Council tax for this property is band D with an annual amount of £2,167.83.
As an integral part of the community, we’ve gotten to know the best professionals for the job. If we recommend one to you, it will be in good faith that they’ll make the process as smooth as can be.
Please be aware that a small number of the parties we recommend (certainly not the majority) may on occasion pay us a referral fee up to £200.
You are under no obligation to use a third party we have recommended.
Should you successfully have an offer accepted on a property of ours and proceed to purchase it there is an administration charge of £36 inc.
VAT per person (non-refundable) to complete our Anti Money Laundering Identity checks.
Entrance Hall Lounge 5.21 m x 3.51 m (17'1" x 11'6") Dining Area 3.38 m x 2.74 m (11'1" x 9'0") Inner Lobby Kitchen 3.66 m x 2.13 m (12'0" x 7'0") Utility Room 2.74 m x 2.21 m (9'0" x 7'3") Bedroom 1 3.68 m x 3.33 m (12'1" x 10'11") Bedroom 2 2.74 m x 2.72 m (9'0" x 8'11") Bathroom Outside Garage
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 Sidmouth Road, Springfield, Chelmsford
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