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See how verdicts work2-bedroom house · CM1 4XA
Listing removedListed 415 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This 2 bedroom end of terrace house is located in a 'tucked away' location on Newlands Spring on the North West side of Chelmsford and has the benefit of having 2 allocated parking spaces just to the side of the property.
The property could make an ideal first purchase and is well worth an internal viewing! It comprises an entrance hall, kitchen, lounge at the rear off which is a useful conservatory addition.
On the first floor there are 2 bedrooms and bathroom. Local amenities are close by including bus services, Primary School and Morrisons store.
Chelmsford City centre and station are both within easy reach. Recommended!
Entrance Porch Further door through to Entrance Hall Radiator, stairs to first floor with cupboard under, glazed door to lounge, doorway through to Kitchen (3.28m x 1.78m) Fitted with a range of units with cream coloured doors, inset single drainer sink unit, working surfaces, built in hob and oven with cooker hood above, space for washing machine and fridge freezer, cupboards and drawer unit, tiling over worktops, eye level cupboards, wall mounted Vaillant gas fired boiler, double glazed window to front, inset spot lights.
Lounge (4.17m x 3.61m) Radiator, coved ceiling, window to rear, door to Conservatory Addition (3.05m x 2.67m) A good size and useful addition being fully double glazed with poly-carbon roof, radiator, fitted blinds, double glazed double doors giving access to the garden, light and power connected.
First Floor Landing Access to loft space which we understand has a fitted light and let-down ladder, doors to Bedroom One (3.02m x 2.72m) Radiator, built in mirror fronted wardrobe cupboards with drawer unit and shelving, double glazed window to rear.
Bedroom Two (2.82m x 2.67m) Radiator, built-in over stairs siring cupboard and further built in wardrobe cupboard, two double glazed windows to front.
Bathroom White suite comprising panel enclosed bath, fitted Triton shower unit with glazed screen to side, pedestal wash hand basin with mixer tap, w.c, towel warmer, fully tiled walls.
Parking Spaces A distinct advantage of this property is the fact it has two allocated parking spaces, side by side, and located just at the side of the property.
Gardens To the front there is a small area of open plan garden and pathway to front entrance, plus there is also a side access gate which gives access into the rear garden.
The rear garden is East facing and measures approximately 40ft from the rear of the conservatory.
There is a passageway to the side of the property where there is an outside tap, there is a paved patio area and the remainder of the garden is laid to lawn with a timber garden shed to the rear boundary.
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
FAQ
About 59, Darnay Rise, Chelmsford
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