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 terraced house · CM2 6TZ
Listing removedListed 285 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***GUIDE PRICE £350,000 to £375,000*** Located in the highly sought-after Chelmer Village area of Chelmsford, this well presented two bedroom end of terrace property offers an ideal opportunity for first-time buyers, downsizers or investors alike.
Enjoying a peaceful cul-de-sac setting, the property is conveniently positioned close to a wide range of local amenities, including Chelmer Retail Park with its selection of high-street stores and everyday conveniences.
Chelmsford City Centre is easily accessible, offering an extensive range of shopping, dining and leisure facilities, while the area is also well served by highly regarded local schools.
Excellent transport links are available, with easy access to the A12 and Chelmsford mainline railway station, providing regular services into London Liverpool Street, making the property ideal for commuters.
Internally, the ground floor accommodation comprises an entrance porch leading into a cosy and welcoming lounge, which features an attractive fireplace.
To the rear of the property is a well proportioned kitchen diner, fitted with an electric hob, oven and grill, and offering space for a washing machine and fridge freezer, with ample room for dining.
To the first floor, there are two well proportioned bedrooms, with the principal bedroom benefitting from an integrated storage cupboard. A family bathroom completes the first floor accommodation.
Externally, the property enjoys a well maintained private rear garden, featuring a patio seating area and mature borders.To the front, there is a garage offering additional storage, along with a driveway providing ample off road parking.
Early viewing is highly recommended, and Palmer and Partners would encourage interested parties to arrange an appointment to avoid disappointment.
Porch Lounge 4.5 x 3.8 Kitchen Diner 2.8 x 3.87 First Floor Landing Bedroom 1 3.0 x 3.9 Bedroom 2 2.0 x 3.9 Bathroom Garage
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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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 Bankart Lane, Chelmer Village, Chelmsford, Essex, CM2
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