2-bedroom bungalow · CM2 9AG
Listing removedListed 135 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the highly sought-after area of Chelmsford, this well-presented two-bedroom semi-detached bungalow offers comfortable single-level living, making it ideal for professionals, couples, small families, or those looking to downsize.
The property features a bright and spacious living room, a modern fitted kitchen with ample storage and worktop space, two well-proportioned bedrooms, and a contemporary family bathroom.
The accommodation is thoughtfully arranged to provide a practical and welcoming home.
Externally, the property benefits from a private rear garden, perfect for relaxing or entertaining during the warmer months, together with a front garden and driveway providing off-road parking for two vehicles.
Located on Redmayne Drive, the bungalow enjoys convenient access to local amenities, supermarkets, schools, and healthcare facilities.
Chelmsford city centre, with its extensive shopping, dining, and leisure facilities, is just a short drive away, while excellent transport links, including Chelmsford railway station with direct services to London Liverpool Street, make this an ideal location for commuters.
Living Room (15' 5" x 11' 1") Laminate Flooring, Gas Central Heating, Neutrally decorated Kitchen (5' 4" x 8' 7") Laminate Flooring, Neutrally decorated Bathroom (4' 0" x 3' 10") Laminate Flooring, Gas Central Heating, Neutrally decorated, Vanity unit with sink and mixer tap Bedroom 1 3.30m x 3.16 - Laminate Flooring, Gas Central Heating, Neutrally decorated Bedroom 2 (10' 3" x 7' 7") Laminate Flooring, Gas Central Heating, Neutrally decorated
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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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
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FAQ
About 72, Redmayne Drive, Essex
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