3-bedroom terraced house · CM1 7QG
Listing removedListed 311 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An IMMACULATELY PRESENTED terraced home, fully modernised and updated throughout and boasting a GARAGE, three good sized bedrooms, IMPRESSIVE 24' LOUNGE DINER, entrance hall and cloakroom, modern bathroom and a LANDSCAPED REAR GARDEN- including wooden shed with power connected.
Perfectly located within walking distance to the CITY CENTRE (via the River Chelmer/Bunny Walks) and highly regarded local schooling. Call Hamilton Piers of Springfield to view!
***GUIDE PRICE £375,000- £400,000*** Ground Floor Accommodation: - Entrance Hall: - Composite entrance door into hallway with wood effect flooring, radiator, understair storage, stairs to first floor and doors to-kitchen, lounge/diner and cloakroom.
Cloakroom: - 1.57m x 0.89m (5'02" x 2'11") - Double glazed window to front, vanity hand wash basin, low level W/C, chrome heated towel rail, tiled flooring.
Lounge Diner: - 7.59m x 3.66m >3.02m (24'11" x 12'00" >9'11") - Dual aspect double glazed window to front and bi-fold doors to rear, x2 radiators, electric fireplace.
Kitchen: - 3.84m x 2.72m (12'07" x 8'11") - Double glazed window to rear, square edge Walnut wood worktops with inset stainless sink, 5 ring gas hob with extractor over, matching wall and base units, integrated double oven and dishwasher, space for fridge freezer and washing machine, storage cupboard with utility meters, wood effect flooring with underfloor heating.
First Floor Accommodation: - Landing: - Airing cupboard, loft hatch, doors to- Bedroom One: - 3.94m x 3.30m (12'11" x 10'10") - Double glazed window to front, built in wardrobe, radiator.
Bedroom Two: - 3.30m x 3.02m (10'10" x 9'11") - Double glazed window to rear, built in wardrobe, radiator. Bedroom Three: - 2.39m x 2.79m (7'10" x 9'02") - Double glazed window to rear, radiator.
Bathroom: - 1.83m x 1.68m (6'00" x 5'06") - Double glazed window to front, P- shaped bath with rainfall shower over, vanity hand basin, low level W/C, chrome towel rail, fully tiled.
Exterior: - Rear Garden: - Patio to immediate rear of property with path and patio area to rear of garden, laid to lawn, wooden shed with power connected (housing tumble dryer), access gate to rear.
Frontage & Parking: - Block paved front with space for 2 vehicles (subject to curb being dropped), on street parking available to front of property. Garage: - On block garage to rear of property.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors before making any investment decisions.
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 Meon Close, Springfield, Chelmsford
Explore nearby