6 The Heights, Danbury, Chelmsford, Essex, CM3 4AG

Description

Refurbishment opportunity: a vacant detached freehold house with double garage on corner plot in need of modernisation. A vacant freehold detached house with detached double garage on a corner plot. This spacious house benefits from three double bedrooms as well as three large reception rooms and is in need of some modernisation and improvement. It is considered that once improved it would be a popular choice as a family home due to the popular location and spacious accommodation.

Accommodation

Entrance Lobby; Ground Floor WC; Dining Room - 17'1 x 12'9; Lounge - 17'1 x 12'9; Study/Family Room - 12'4 x 9'6; Conservatory - 11'1 x 10'4; Kitchen Breakfast Room - 14'3 x 9'5; First Floor Landing; Bedroom One - 18'7 x 12'9; Ensuite - 8'1 x 7'7; Bedroom Two - 14'0 x 12'11; Bedroom Three - 11'3 x 9'9; Family Bathroom - 9'0 x 7'6; Double Garage - 16'5 x 16'3

Location

Popular location

Tenure / Property Information

Investment Analysis

Recent same-street completed sales range from £600,000 to £687,000 for detached freehold houses, with the latest sale at £687,000 in March 2025. A provisional base GDV of £650,000 is used, subject to the subject property's condition and post-refurbishment quality. The £475,000 guide is before unspecified fees.

Investment Snapshot

Strategy Recommendation

Consider only as a refurbishment-led resale after confirming condition, works scope and total costs. Do not rely on BTL or BRRR returns without rental and refurbishment evidence.

Works Required

Modernisation and improvement of the vacant house, informed by its stated refurbishment need and EPC F rating. The evidence does not specify individual defects or renovation scope.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the provisional £650,000 base GDV, 75% refinancing equates to £487,500. Cash requirement and equity outcome cannot be calculated because refurbishment costs and buyer fees are unspecified.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. Works, fees and operating costs are also unquantified.

Flip Analysis

A refurbishment-led resale may have potential: the £475,000 guide is below the £600,000–£687,000 same-street completed-sale evidence. However, refurbishment cost, fees and selling costs are unsupported, so surplus cannot be calculated.

Investor Risks & Due Diligence

• Refurbishment scope and cost are not provided.

• EPC F may require improvement, but required works are unspecified.

• Buyer and other auction fees are unspecified.

• Rental income evidence is unavailable.

• GDV is an estimate based on comparable sales, not a formal valuation.

Recommendation

Consider only as a refurbishment-led resale after confirming condition, works scope and total costs. Do not rely on BTL or BRRR returns without rental and refurbishment evidence.

Strategy Rating

Analysis Confidence

Same-street completed sales and core property details are available, but condition costs, fees and rental evidence are missing.