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 · CM2 9QL
Listing removedReduced £25k (−6.7%) on 18 AugListed 99 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**** guide price: £375,000 - £400,000 **** **** no onward chain **** Offered with no onward chain, Palmer & Partners are delighted to present this well-presented two-bedroom semi-detached bungalow, ideally situated in the highly sought-after Moulsham area of Chelmsford.
Offering well-balanced accommodation, a beautifully maintained south-facing garden and an excellent location close to Chelmsford City Centre, this fantastic home is ideal for a range of buyers.
The accommodation comprises a welcoming entrance hall, a spacious dual-aspect lounge/dining room featuring two attractive fireplaces, a bay window and doors opening onto the rear garden.
The kitchen is fitted with an excellent range of wall and base units, incorporating a gas hob, oven and space for a fridge freezer and washing machine.
There are two well-proportioned bedrooms, with the principal bedroom benefiting from built-in storage, together with a modern shower room complete with a double shower cubicle.
Externally, the property enjoys a fully established, private south-facing rear garden, predominantly laid to lawn with a patio seating area, providing the perfect space for relaxing or entertaining.
To the front, a low maintenance front garden is complemented by a driveway offering off-road parking for two vehicles.
Ideally positioned within walking distance of Chelmsford City Centre, local amenities, excellent schools, and superb transport links, this delightful bungalow combines convenience with comfortable living.
Palmer & Partners strongly recommend an early internal viewing to avoid disappointment.
Entrance Hall Bedroom 1 3.3 x 2.95 Bedroom 2 2.6 x 2.95 Lounge Diner 3.0 x 7.5 Kitchen 3.7 x 2.3 Shower Room 1.8 x 1.35 Agents Note Sale is subject to probate
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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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 4, Wallace Crescent, Essex
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