4-bedroom terraced house · CM1 1TN
Sold STCListed 216 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***GUIDE PRICE £500,000 to £525,000*** This well-presented four-bedroom mid-terraced residence offers bright, spacious, and characterful accommodation arranged over three floors, ideally located within close proximity to Chelmsford City Centre.
The property is perfectly positioned for convenient access to a wide range of local amenities, including shops, cafés, restaurants, and leisure facilities, while Chelmsford railway station is within easy reach, providing direct services to London Liverpool Street, Colchester, and Ipswich.
Nearby green spaces such as Central Park and Admiral’s Park further enhance the appeal of this desirable location.
Approached via a low-maintenance front garden, the property opens into a bright and airy lounge featuring high ceilings, a charming feature fireplace, and a bay window fitted with shutters, allowing for an abundance of natural light.
A separate dining room provides an ideal space for entertaining and flows through to a versatile lean-to sun room, which enjoys direct access to the rear garden.
The modern fitted kitchen is a particular highlight, boasting bespoke wall and base units handcrafted from reclaimed wood, along with ample space for freestanding appliances.
A water softener has also been installed, and the majority of the ground floor benefits from attractive engineered wood flooring.
To the first floor, there are three well-proportioned bedrooms, two of which benefit from built-in wardrobes, along with a family bathroom completing this level.
The loft has been thoughtfully converted to create a generous principal bedroom, enhanced by built in eaves storage at the landing and inside the bedroom, and Velux windows that provide a light and airy feel.
Externally, the property enjoys a fully established and private rear garden, featuring a patio area and lawn, ideal for outdoor relaxation and entertaining.
Additional benefits include external electric sockets and a shed with light and power, offering useful storage space. On-street parking is available to the front of the property.
Palmer & Partners strongly recommend an early internal viewing to fully appreciate the space, character, and location on offer, and to avoid any disappointment.
Lounge 4.5 x 3.2 Dining Room 3.3 x 3.4 Kitchen 4.3 x 2.7 Lean-To Sun Room 1.5 x 4.5 First Floor Landing Bedroom 2 3.8 x 3.3 Bedroom 3 3.3 x 3.2 Bedroom 4 2.7 x 2.3 Bathroom Second Floor Landing Bedroom 1 5.0 x 3.8
Value & comps
No previous sales on record.
Returns
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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

FAQ
About Elgin Avenue, Chelmsford, Essex, CM1
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