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Guide price
£390,000

3 bedroom end of terrace house for sale

Upper Bridge Road, Chelmsford, CM2
End of terrace house
3 beds
2 baths
Added > 14 days

Key information

TenureFreehold
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BroadbandUltra-fast 1800Mbps *
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Features and description

  • Freehold investment property comprising two maisonettes and rear commercial unit
  • One-bedroom ground floor and two-bedroom split-level maisonette, both let to long-term tenants
  • Rear commercial unit currently let as a dog grooming business with private access and garden
  • Scope to convert back into a single three-bedroom family home (subject to works)
  • Prime Chelmsford location, close to city centre, railway station and local amenities
  • Strong rental income producing £29,400 per annum (approx 7.5% yield)

FOR SALE – Investment Opportunity / Potential Family Home

Guide Price: £390,000

An excellent opportunity to acquire this purpose-built and extended three-bedroom end-of-terrace property, which has been converted into two self-contained maisonettes with an additional commercial unit to the rear. Situated in a sought-after area close to Chelmsford city centre, this versatile property offers strong rental yields and further potential for redevelopment into a single dwelling (subject to necessary works).

Property Overview:

• Originally a three-bedroom end-of-terrace house, now converted into:

o Ground Floor Maisonette: 1 bedroom – currently let at £950.00 per calendar month

o Split-Level Maisonette: 2 bedrooms – currently let at £1100.00 per calendar month

• Rear Commercial Unit: Currently operating as a dog grooming business, achieving £400.00 per calendar month, with its own private entrance and garden area

Financials:

• Total current rental income: £2,400.00 per calendar month

• Annual rental income: £29,400.00 per annum

• Guide Price: £390,000

• Gross Yield: ≈ 7.54%

Investment Highlights:

• Attractive gross yield of approximately 7.54%

• Established long-term tenants who wish to remain in situ

• Three income streams (two residential, one commercial)

• Versatile property – ideal for investors or potential conversion back to a single dwelling (subject to works and relevant consents)

Location:

Located on Upper Bridge Road, the property enjoys close proximity to Chelmsford city centre, local shops, restaurants, and Chelmsford railway station, offering fast links to London Liverpool Street. Excellent access to the A12 and A414.

For further information or to arrange a viewing, please contact us directly on[use Contact Agent Button].

Early enquiries are strongly recommended.

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About this agent

McCartney Sales & Lettings Agents - Chelmsford
McCartney Sales & Lettings Agents - Chelmsford
74 Moulsham Street Chelmsford, Essex CM2 0JA
01245 845822
Full profileProperty listings
McCartney Sales & Lettings  have been established since 1992 and are regarded as one of Chelmsford's leading independent property specialists in both property sales and lettings, with two prominent local offices. Celebrating 33 years of trading as of 2025, McCartney Sales & Lettings have helped and guided thousands of clients through this process and many have repeated the process several times with us. We believe our success is down to hard work and one hundred percent commitment of the team. Our service has been recognised by The British Property Awards, with us being awarded Gold Winner Estate Agent in Chelmsford for 2018 & 2019. The British Property Awards are one of the most prestigious and recognised accreditations within the industry. We are proud Guild Members. As Members of The Guild of Property Professionals, we are selected to represent the UK's largest network of independent estate agents in our given area(s). We can secure you a better result. The Guild is a network of almost 800 independent high street sales and letting agents who have all signed a Code of Conduct, and are committed to shared core values of knowledge, integrity, and results. How does our Guild membership benefit you? The scope of the network means we can deliver the widest possible exposure for your property. With an inter-office referral system, local and regional magazines distributed across the network every six weeks and 24/7 presence on interactive touch screens in London on Park Lane, you can be sure that we are working hard to guarantee your property is presented to the broadest possible audience. Our team has been together for many years and benefit from decades of property experience and extensive local knowledge which is invaluable when buying, selling, or letting a property. At  McCartney Sales & Lettings , we offer all the traditional values you would expect from a well-established Estate Agency, whilst harnessing the latest innovations and technology to offer you the very best service. We believe the successful marketing of your home should not be left to chance, this is why we have developed a highly effective, proactive, and efficient service, tailor-made to our client's needs. We only employ highly experienced property experts to ensure you receive an efficient and hassle-free sale at the best possible price. We look forward to working with you.
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