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See how verdicts work3-bedroom semi-detached house · CM1 2QT
Sold STCListed 57 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This attractive 1930s semi detached house offers an excellent opportunity to create an ideal family home, combining generous living accommodation with huge potential to extend further to the rear and into the loft (stpp).
The property features a spacious 23'9" lounge, providing a comfortable reception room, while to the rear is an impressive extended open plan kitchen/diner, creating a sociable and practical space for modern family living and entertaining.
There is also a ground floor shower room.
Externally, the rear garden offers plenty of space for entertaining, together with a summer house providing a versatile additional space that could be used as a home office, hobby room or retreat.
To the front, the driveway provides parking for several vehicles.
The location is particularly appealing for families and commuters, with Chelmsford train station approximately 0.7 miles away, providing convenient rail connections.
Central Park is also within close proximity, while Westlands Primary School and Chelmsford's grammar schools are both within a short walk.
For everyday shopping, ALDI and M&S are approximately 0.9 miles away located at the popular Clock Tower Retail Park.
Tenure: Freehold Band D is the council tax band for this property with an annual amount of £2,167.83.
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Entrance hall Living room 7.24 m x 3.10 m (23'9" x 10'2") Kitchen/Dining room 4.95 m x 3.25 m (16'3" x 10'8") WC Shower room Landing Bedroom 1 4.22 m x 3.17 m (13'10" x 10'5") Bedroom 2 3.56 m x 3.17 m (11'8" x 10'5") Bedroom 3 2.06 m x 1.80 m (6'9" x 5'11") Family bathroom Outside Garden Storage Garage 4.42 m x 2.69 m (14'6" x 8'10") Summer house 5.87 m x 2.84 m (19'3" x 9'4")
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
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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.
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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 Waterhouse Lane, Chelmsford
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