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See how verdicts work5-bedroom detached house · CM1 6SS
For saleListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No onward chain - exciting refurbishment opportunity - previously extended five bedroom family home - close to all amenities - close to train station - close to city centre ***this is A wonderful refurbishment opportunity*** ***A blank sheet of canvas project*** *** no onward chain*** Perfect for buyers with the confidence and/or previous experience of restoring a spacious, prime location, large family home to glory, and fit for modern day family use!
The location of this home in Springfield is close to everything a family needs, good schools, doctors, dentist, vets, supermarkets, bus routes, mainline train stations to London and Chelmsford City Centre.
Schools Local Primary Schools are Perryfields, Springfield Primary and Beaulieu Park Local Secondary Schools are Beaulieu Park and The Boswells School Local Private School is Newhall Accommodation overview This property can be whatever you want it to be!
However, in its current configuration, the downstairs comprises of a hallway entrance, a wonderfully spacious, open plan kitchen/living room with an adjoining large bedroom, an additional large reception room/games room, a conservatory, WC, and separate, shower cubicle.
Upstairs comprises of two good size double bedrooms, a small double bedroom, a single bedroom, and a family bathroom. There is loft access from the landing area.
Outside To the front of the property is off-road parking for two cars. There is a small rear garden, but more garden space can be created by removing the conservatory.
Agents notes The property is advertised at a price to acknowledge that a full refurbishment and new heating system is required.
Some of the photos have been edited via ai to show how the house could look.
Beaulieu secure purchase: Once your offer is accepted, you are obliged to secure the property by paying a Reservation Commitment Deposit of £500.
This gives you exclusive status on the purchase and protects you from gazumping, offering peace of mind during the initial stages of the transaction.
When the sale completes, the fee is fully refunded. If the buyer withdraws, the fee may not be refundable in certain circumstances. Call or email us for more information.
Sellers: The Directors of Beaulieu Estate Agents have been taking commitment fees from buyers for two decades; they were one of the first estate agents in Essex to introduce this.
The national average of sales that do not go through is around 20%. Currently, our own sale cancellation rate averages around 6%.
Disclaimer Some of the photos have been edited via ai to show how the house could look.
With approximate measurements these particulars have been prepared in good faith by the selling agent in conjunction with the vendor(s) with the intention of providing a fair and accurate guide to the property.
However, they do not constitute or form part of an offer or contract nor may they be regarded as representations, all interested parties must themselves verify their accuracy.
No tests or checks have been carried out in respect of heating, plumbing, electric installations, or any type of appliances which may be included
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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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 advisers 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.
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FAQ
About Paddock Drive, Chelmsford
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