2-bedroom terraced house · CM8 2LE
No longer listedListed 41 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An immaculate & deceptively spacious home, modernised throughout to a high standard. The property enjoys a quiet & convenient cul-de-sac location within the market town of Witham.
Internally, there are 2 well proportioned double bedrooms and a bathroom; with a shower over the bath.
On the ground floor, approached via a porch is a spacious lounge room and a modern kitchen to the rear, affording sufficient space to accommodate a dining table.
To the front of the house is a low maintenance garden and the driveway.
The driveway leads to an integral garage, which is well proportioned, it has a power supply and a pedestrian door to the rear garden. There is also additional street & bay parking.
The rear garden is a good size and predominantly lawned. The property is in the final stages of the renovation project, and must be viewed internally to be fully appreciated.
*available with deposit alternative*
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Elm Rise, Witham
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