3-bedroom terraced house · CM1 1PX
Listing removedListed 46 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Fantastic opportunity to rent this ideally situated home in the heart of Chelmsford's popular City Centre. Inside, there is an entrance hallway, lounge, separate kitchen diner, and a downstairs w/c.
To the first floor, there are three bedrooms and a family bathroom. The property benefits from gas central heating, a spacious rear garden and a shed all included as part of the tenancy.
To the front, there is permit parking available for purchase via Chelmsford council at roughly £30 per year for a permit.
Bishop Road is within a short walk to the train station with trains to London Stratford from 31 minutes and Liverpool Street from 36 minutes.
There is a Co-op store nearby providing door step grocery shopping.
The City has three shopping malls, a lengthy high street populated with chain and independent shops and eateries from top to bottom plus the vibrant Bond Street area where you will find a John Lewis department store as well as other designer shops, an Everyman cinema plus a range of restaurants along the river.
This property is within Council Tax band C. The annual Council Tax bill for this property is £2,006.08. This amount does not include any discounts or exemptions.
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. Please note that the Home Partnership do not take referral fees for contractors services relating to property maintenance.
Tenants permitted payments info: We will charge a tenant the following: 1. to secure a property a holding deposit of no more than one weeks’ rent; 2.
a security deposit with a maximum of 5 weeks rent, or 6 weeks on a property with rent over £50,000 per year; 3. the rent; * We may charge a tenant the following default fee’s/payments: 4.
default fee for late payment of rent (after 14 days); 5. reasonable charges for lost keys or security fobs; 6.
payments associated with contract variation, at £50 or reasonable costs incurred if higher, when requested by the tenant; 7.
payments associated with early termination of the tenancy, when requested by the tenant; and 8.
payments in respect of bills - utilities, communication services, TV licence, council tax and green deal or other energy efficiency charges. Tenants T&C’s can be supplied on request..
holding deposit is refundable subject to the t&c's Company Let Fee’s Apply (non housing act tenancy): Admin fee £300 inclusive of Vat Tenancy renewal fee £150 inclusive of vat.
Entrance Hallway Lounge 3.38 m x 3.73 m (11'1" x 12'3") Dining Room 3.48 m x 2.97 m (11'5" x 9'9") Kitchen 2.57 m x 2.29 m (8'5" x 7'6") Landing Bedroom 1 3.38 m x 3.20 m (11'1" x 10'6") Bedroom 2 3.61 m x 2.74 m (11'10" x 9'0") Bedroom 3 2.74 m x 2.54 m (9'0" x 8'4") Bathroom
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

FAQ
About Bishop Road, Chelmsford, Essex
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