3-bedroom detached house · CM1 4FT
Sold STCListed 194 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the modern Copperfield development in Newland Spring, this beautifully presented three bedroom detached home offers an excellent opportunity to step onto the property ladder with a 30 percent shared ownership.
Shared ownership allows you to purchase a percentage of the property, in this case 30 percent, while paying a reduced rent on the remaining share.
This provides a more affordable route into home ownership, with the option to increase your share over time, known as staircasing, subject to eligibility and terms.
Built in 2020, the property benefits from contemporary design and well balanced living space throughout.
The ground floor welcomes you with an entrance hall leading into a bright and comfortable lounge, ideal for relaxing or entertaining.
To the rear, a spacious kitchen breakfast room provides a stylish and practical setting for everyday living, with ample space for dining and direct access to the garden.
A convenient cloakroom completes the ground floor accommodation. Upstairs, the first floor offers three well proportioned bedrooms, all served by a modern family bathroom.
Externally, the property enjoys a private rear garden, perfect for outdoor enjoyment, along with driveway parking.
Positioned in a sought after residential area, the home is within easy reach of local amenities, schools and Chelmsford City Centre, making it ideal for first time buyers and growing families alike.
Entrance Hall Lounge 16'3 x 10'2 (4.95m x 3.10m) Kitchen / Breakfast Room 16'3 x 9'8 (4.95m x 2.95m) Cloakroom Bedroom 10'5 x 10'5 (3.18m x 3.18m) Bedroom Two 9'2 x 8'9 (2.79m x 2.67m) Bedroom Three 9'2 x 7'2 (2.79m x 2.18m) Bathroom Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Value & comps
No previous sales on record.
Returns
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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 Clover Drive, Chelmsford
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