3 Bed Terraced House, Single Let, Chelmsford, CM1 1PX, £410,000

312 Bishop Road, Chelmsford, Essex, CM1 1PX - 1 views - 2 years ago

Sold STC
BTL
~93 m²
+9 photos

ValuationUndervalued

Sold Prices£225K - £650K
Sold Prices/m²£2.8K/m² - £7.3K/m²

 

 

Square Metres

~93 m²
Price/m²£4.4K/m²

Value Estimate

£456,842
BMV7%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£102,500

Stamp Duty & Legal Fees

£22,700

Total Cash In

£125,200

 

 

Cash Out

 

Rent Range

£1,400 - £3,500

Rent Estimate

£1,400

Running Costs/mo

£1,581

Cashflow/mo

£-181

Cashflow/yr

£-2,175

Gross Yield

4%

Local Sold Prices

50 sold prices from £225K to £650K, average is £400K. £2.8K/m² to £7.3K/m², average is £4.9K/m².

PriceDateDistanceAddressBeds 
£350K03/230.09 mi55, Bishop Road, Chelmsford, Essex CM1 1PY3
£297K04/210.09 mi49, Bishop Road, Chelmsford, Essex CM1 1PY3
£383K09/210.09 mi96, Rectory Lane, Chelmsford, Essex CM1 1RF3
£380K08/230.13 mi101, Bishop Road, Chelmsford, Essex CM1 1QA3
£430K01/230.13 mi95, Bishop Road, Chelmsford, Essex CM1 1QA3
£373K10/210.16 mi18, Henry Road, Chelmsford, Essex CM1 1RG3
£400K12/220.16 mi9, Henry Road, Chelmsford, Essex CM1 1RG3
£378.5K09/210.18 mi86, Marconi Road, Chelmsford, Essex CM1 1QE3
£480K01/230.19 mi28, Henry Road, Chelmsford, Essex CM1 1RG3
£350K12/200.19 mi12, Victoria Crescent, Chelmsford, Essex CM1 1QF3
£650K07/230.36 mi26, Cedar Avenue West, Chelmsford, Essex CM1 2XA3
£320K12/200.37 mi87, Hill View Road, Chelmsford, Essex CM1 7RT3
£580K07/230.41 mi8, Riverside, Chelmsford, Essex CM2 6LL3
£445K11/210.43 mi13, Hill View Road, Chelmsford, Essex CM1 7RS3
£360.5K06/210.43 mi75, Hill View Road, Chelmsford, Essex CM1 7RS3
£400K01/210.45 mi94, Swiss Avenue, Chelmsford, Essex CM1 2AF3
£535K12/220.45 mi125, Swiss Avenue, Chelmsford, Essex CM1 2AF3
£470K01/210.46 mi50, First Avenue, Chelmsford, Essex CM1 1RU3
£525K02/210.47 mi4, Maltese Road, Chelmsford, Essex CM1 2PA3
£355K05/210.48 mi50, Corporation Road, Chelmsford, Essex CM1 2AR3
£525K05/210.48 mi65, First Avenue, Chelmsford, Essex CM1 1RX3
£550K05/230.48 mi57, First Avenue, Chelmsford, Essex CM1 1RX3
£527.5K05/230.48 mi43, First Avenue, Chelmsford, Essex CM1 1RX3
£475K02/230.49 mi105, Arbour Lane, Chelmsford, Essex CM1 7SB3
£442.5K11/200.49 mi105, Arbour Lane, Chelmsford, Essex CM1 7SB3
£408.5K02/230.49 mi91, Arbour Lane, Chelmsford, Essex CM1 7SB3
£337K08/210.52 mi26, Hillary Close, Chelmsford, Essex CM1 7RR3
£475K01/230.52 mi24, Trinity Road, Chelmsford, Essex CM2 6HR3
£510K03/230.53 mi41, Second Avenue, Chelmsford, Essex CM1 4ET3
£455K04/210.53 mi1b, Second Avenue, Chelmsford, Essex CM1 4ET3
£500K10/210.53 mi55, Second Avenue, Chelmsford, Essex CM1 4ET3
£450K01/210.53 mi5, Second Avenue, Chelmsford, Essex CM1 4ET3
£522.5K06/210.53 mi3, Second Avenue, Chelmsford, Essex CM1 4ET3
£336K03/210.53 mi6, Hillary Close, Chelmsford, Essex CM1 7RP3
£425K05/230.53 mi11, Weight Road, Chelmsford, Essex CM2 6LE3
£360K01/210.53 mi19, Weight Road, Chelmsford, Essex CM2 6LE3
£390K10/200.53 mi39, Primrose Hill, Chelmsford, Essex CM1 2RH3
£336K03/210.54 mi6, Hillary Close, Chelmsford, Essex CM1 7RP3
£327.5K11/210.54 mi46, Hillary Close, Chelmsford, Essex CM1 7RP3
£225K10/210.54 mi47, Hillary Close, Chelmsford, Essex CM1 7RP3
£335K11/200.55 mi6, Kirklees, Chelmsford, Essex CM1 2AG3
£327.5K05/210.57 mi23, Kings Road, Chelmsford, Essex CM1 4HR3
£520K01/230.58 mi23, Telford Place, Chelmsford, Essex CM1 7QZ3
£520K01/210.58 mi17, Third Avenue, Chelmsford, Essex CM1 4EX3
£460K01/230.58 mi57, South Primrose Hill, Chelmsford, Essex CM1 2RF3
£319K04/210.59 mi36, Kings Road, Chelmsford, Essex CM1 4HP3
£372.5K03/210.59 mi45, Town Croft, Chelmsford, Essex CM1 4JX3
£315K02/210.6 mi28, Cramphorn Walk, Chelmsford, Essex CM1 2RD3
£385K03/230.61 mi28, Ridgewell Avenue, Chelmsford, Essex CM1 2GA3
£312.5K04/210.61 mi40, Cramphorn Walk, Chelmsford, Essex CM1 2RE3

Local Rents

44 rents from £1.4K/mo to £3.5K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,57504/240 miBishop Road, Chelmsford, Essex3
£2,35004/250.06 mi-3
£1,60003/250.08 mi-3
£1,60003/240.09 miRectory Lane, Chelmsford3
£1,50004/240.09 miRectory Lane3
£1,65002/250.1 mi-3
£1,75004/250.16 mi-3
£1,75003/240.16 miHenry Road, Chelmsford, CM13
£1,40004/240.16 miHenry Road, Chelmsford, CM13
£1,50004/240.16 miHenry Road, Chelmsford, CM13
£1,50004/240.16 miHenry Road, Chelmsford, CM13
£1,40005/240.16 miHenry Road, Chelmsford, CM13
£1,40005/240.16 miHenry Road, Chelmsford, CM13
£1,40012/240.16 miHenry Road, Chelmsford, CM13
£2,85004/250.18 mi-3
£1,75003/250.19 mi-3
£1,75003/240.19 miVictoria Crescent, CHELMSFORD3
£1,55004/240.19 miVictoria Crescent, CITY CENTRE, Chelmsford, CM1 1QF3
£1,90004/240.2 miVictoria Court, New Street, CM13
£1,55003/240.24 miElms Drive, Chelmsford3
£1,55004/240.24 miElms Drive, Chelmsford3
£1,60005/240.33 miBroomfield Road, Chelmsford, CM13
£1,75003/240.37 miCannon Mews, CHELMSFORD3
£2,30004/240.39 mi104 Marconi Plaza, Chelmsford, Essex, CM13
£3,50004/250.41 mi-3
£3,30002/240.42 mi-3
£3,25003/240.42 mi-3
£3,25001/250.42 mi-3
£3,19504/250.42 mi-3
£1,85004/240.48 miFirst Avenue, CITY CENTRE, Chelmsford3
£1,50004/240.51 miChester Place, Chelmsford3
£1,80004/240.52 miCoval Lane, Chelmsford, CM13
£1,80004/240.52 mi-3
£1,80004/240.52 miCoval Lane3
£1,50003/240.52 mi-3
£1,50003/240.52 miHilary Close, Chelmsford, CM13
£1,59504/250.53 mi-3
£1,45004/240.53 miHillary Close, Chelmsford3
£1,80004/240.55 miCoval Lane, Chelmsford3
£1,90012/240.56 mi-3
£1,70012/240.58 mi-3
£1,70001/250.59 mi-3
£1,70004/250.59 mi-3
£1,55002/250.62 mi-3

Local Area Statistics

Population in CM1

62,617

Population in Chelmsford

174,693

Town centre distance

0.39 miles away

Nearest school

0.30 miles away

Nearest train station

0.33 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Price changed to £410,000

December 4, 2024

Listed for £425,000

September 1, 2023

Floor Plans

Description

  • Terrace Character Property +
  • Two Reception Rooms +
  • Fitted Kitchen +
  • Ground Floor Bathroom +
  • Gas Central Heating +
  • Three Bedrooms +
  • Rear Garden +
  • Central Location +

Bond Residential are delighted to offer for sale this extended character terrace house situated within easy walking distance of the City centre & mainline railway station. The property offers an entrance hall, lounge, dining room, fitted kitchen and four piece ground floor bathroom with a modern white suite. To the first floor there are three bedrooms. Outside the property benefits from a rear garden which is laid to lawn with paved patio area's to both ends of the garden and timber built storage shed. LOCATION Bishop Road is conveniently located within the heart of Chelmsford city centre and is within walking distance of both Chelmsford mainline station and pedestrianised High Street. Chelmsford city centre offers a fantastic range of places to socialise and eat with a wide range of restaurants from small family run independent ones to larger well know chains serving cuisines from around the world. Along with a thriving nightlife with a selection of bars, there are two theatres including the Civic Theatre and two multi-screen cinemas. The pedestrianised High Street, two shopping precincts, retail parks as well as several designer stores in the popular Bond Street ensure residents benefit from a wide choice of shopping facilities. Chelmsford offers a comprehensive range of leisure and sporting facilities with a selection of gyms, the newly refurbished Riverside Ice & Leisure Centre, a selection of golf courses and sports clubs. Chelmsford is the home to Essex County Cricket Club. The Cathedral is in the heart of the city. Chelmsford is renowned for its educational excellence and, alongside the local schools, it offers two of the country’s top performing grammar schools, Writtle Agricultural College, Anglian Ruskin University, and several private schools. There is a selection of parks and open spaces within close proximity. Chelmsford is a sought-after commuting city with a mainline station offering a direct service to London Liverpool St with a journey time as fast as 32 minutes.

Agent Details

Bond Residential, Chelmsford

01245 945696

Next Steps?

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