3 Bed Terraced House, Single Let, Chelmsford, CM1 2RD, £325,000

1 Cramphorn Walk, Chelmsford CM1 2RD - 10 months ago

Sold STC
BTL
ROI: 1%
84 m²
+10 photos

ValuationUndervalued

Sold Prices£273.3K - £925K
Sold Prices/m²£2.5K/m² - £6K/m²

 

 

Square Metres

84.06 m²
Price/m²£3.9K/m²

Value Estimate

£382,091
BMV18%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£14,700

Total Cash In

£95,950

 

 

Cash Out

 

Rent Range

£1,350 - £3,500

Rent Estimate

£1,394

Running Costs/mo

£1,314

Cashflow/mo

£80

Cashflow/yr

£955

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £273.3K to £925K, average is £387.5K. £2.5K/m² to £6K/m², average is £4.5K/m².

PriceDateDistanceAddressBeds 
£315K02/210 mi28, Cramphorn Walk, Chelmsford, Essex CM1 2RD3
£312.5K04/210.05 mi40, Cramphorn Walk, Chelmsford, Essex CM1 2RE3
£460K01/230.14 mi57, South Primrose Hill, Chelmsford, Essex CM1 2RF3
£340K11/210.15 mi95, Coval Lane, Chelmsford, Essex CM1 1TQ3
£390K10/200.16 mi39, Primrose Hill, Chelmsford, Essex CM1 2RH3
£925K07/230.18 mi30, Rainsford Avenue, Chelmsford, Essex CM1 2PJ3
£650K07/230.27 mi26, Cedar Avenue West, Chelmsford, Essex CM1 2XA3
£405K12/200.28 mi11, Beeches Road, Chelmsford, Essex CM1 2RS3
£310K11/200.29 mi4, Beeches Road, Chelmsford, Essex CM1 2RS3
£407K06/210.3 mi19, Riddiford Drive, Chelmsford, Essex CM1 2GB3
£525K02/210.3 mi4, Maltese Road, Chelmsford, Essex CM1 2PA3
£273.3K02/230.32 mi29, Ashtree Crescent, Chelmsford, Essex CM1 2RP3
£305K12/200.32 mi2, Ashtree Crescent, Chelmsford, Essex CM1 2RP3
£447.5K06/210.32 mi36, Beeches Crescent, Chelmsford, Essex CM1 2FU3
£380K08/210.35 mi8, Park Avenue, Chelmsford, Essex CM1 2AA3
£500K12/200.35 mi2, Park Avenue, Chelmsford, Essex CM1 2AA3
£385K03/230.38 mi28, Ridgewell Avenue, Chelmsford, Essex CM1 2GA3
£427K04/210.41 mi6, Falcons Mead, Chelmsford, Essex CM2 0NN3
£350K12/200.42 mi12, Victoria Crescent, Chelmsford, Essex CM1 1QF3
£378.5K09/210.43 mi86, Marconi Road, Chelmsford, Essex CM1 1QE3
£377K11/210.44 mi8, Warwick Square, Chelmsford, Essex CM1 2AJ3
£405K12/200.45 mi8, Ashford Road, Chelmsford, Essex CM1 2ST3
£515K02/230.46 mi2, Ravensbourne Drive, Chelmsford, Essex CM1 2SJ3
£400K01/210.47 mi94, Swiss Avenue, Chelmsford, Essex CM1 2AF3
£535K12/220.47 mi125, Swiss Avenue, Chelmsford, Essex CM1 2AF3
£380K08/230.47 mi101, Bishop Road, Chelmsford, Essex CM1 1QA3
£430K01/230.47 mi95, Bishop Road, Chelmsford, Essex CM1 1QA3
£312.5K11/210.47 mi10, Hart Street, Chelmsford, Essex CM2 0RY3
£335K11/200.48 mi6, Kirklees, Chelmsford, Essex CM1 2AG3
£370K04/230.48 mi49, Lower Anchor Street, Chelmsford, Essex CM2 0AT3
£332K03/210.49 mi51, Baker Street, Chelmsford, Essex CM2 0SA3
£365K11/210.52 mi33, Dixon Avenue, Chelmsford, Essex CM1 2AQ3
£370K05/230.52 mi27, Dixon Avenue, Chelmsford, Essex CM1 2AQ3
£427.5K03/210.52 mi29, Dane Road, Chelmsford, Essex CM1 2SS3
£350K03/230.53 mi55, Bishop Road, Chelmsford, Essex CM1 1PY3
£297K04/210.53 mi49, Bishop Road, Chelmsford, Essex CM1 1PY3
£425K11/220.53 mi5, Bradford Street, Chelmsford, Essex CM2 0BG3
£293K05/210.53 mi97, Lower Anchor Street, Chelmsford, Essex CM2 0AU3
£373K10/210.53 mi18, Henry Road, Chelmsford, Essex CM1 1RG3
£404K07/230.54 mi9, Bradford Street, Chelmsford, Essex CM2 0BG3
£445K03/230.54 mi77, Ravensbourne Drive, Chelmsford, Essex CM1 2SL3
£450K06/230.54 mi163, Upper Bridge Road, Chelmsford, Essex CM2 0BB3
£355K05/210.56 mi50, Corporation Road, Chelmsford, Essex CM1 2AR3
£383K09/210.57 mi96, Rectory Lane, Chelmsford, Essex CM1 1RF3
£410K11/200.57 mi9, Abbess Close, Chelmsford, Essex CM1 2SE3
£460K04/230.57 mi9, Abbess Close, Chelmsford, Essex CM1 2SE3
£400K12/220.57 mi9, Henry Road, Chelmsford, Essex CM1 1RG3
£535K02/230.59 mi121, Beeches Road, Chelmsford, Essex CM1 2SA3
£345K01/230.61 mi40, Charnwood Avenue, Chelmsford, Essex CM1 2TQ3
£480K01/230.61 mi28, Henry Road, Chelmsford, Essex CM1 1RG3

Local Rents

43 rents from £1.4K/mo to £3.5K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,70012/240.05 mi-3
£1,69503/250.1 mi-3
£1,80004/240.13 miCoval Lane, Chelmsford3
£1,80004/240.14 mi-3
£1,80004/240.14 miCoval Lane, Chelmsford, CM13
£1,80004/240.14 miCoval Lane3
£1,55002/250.15 mi-3
£1,90002/240.18 mi-3
£1,70004/240.25 mi'The Hylands', Rainsford Road, CITY CENTRE, Chelmsford, CM1 2PD3
£1,60005/240.27 miBroomfield Road, Chelmsford, CM13
£2,30004/240.27 mi104 Marconi Plaza, Chelmsford, Essex, CM13
£1,75003/240.36 miCannon Mews, CHELMSFORD3
£1,75003/240.42 miVictoria Crescent, CHELMSFORD3
£1,55004/240.42 miVictoria Crescent, CITY CENTRE, Chelmsford, CM1 1QF3
£1,75003/250.43 mi-3
£1,90012/240.46 mi-3
£1,55003/250.48 mi-3
£1,55003/240.49 miElms Drive, Chelmsford3
£1,55004/240.49 miElms Drive, Chelmsford3
£1,55004/240.49 mi-3
£1,55004/240.49 miUpper Bridge Road, Chelmsford, CM23
£1,65002/250.51 mi-3
£1,70003/240.52 mi-3
£1,60003/250.52 mi-3
£1,35003/240.53 miHayes Close, Chelmsford, CM23
£2,35003/250.54 mi-3
£1,50004/240.55 miRectory Lane3
£1,75003/240.57 miHenry Road, Chelmsford, CM13
£1,40004/240.57 miHenry Road, Chelmsford, CM13
£1,50004/240.57 miHenry Road, Chelmsford, CM13
£1,50004/240.57 miHenry Road, Chelmsford, CM13
£1,40005/240.57 miHenry Road, Chelmsford, CM13
£1,40005/240.57 miHenry Road, Chelmsford, CM13
£1,40012/240.57 miHenry Road, Chelmsford, CM13
£1,60003/240.58 miRectory Lane, Chelmsford3
£1,57504/240.6 miBishop Road, Chelmsford, Essex3
£1,55004/240.6 miThe Green, Chelmsford, CM13
£1,55004/240.6 mi-3
£1,50002/250.6 mi-3
£3,50001/250.61 mi-3
£1,90004/240.61 miVictoria Court, New Street, CM13
£1,67503/250.62 mi-3
£1,65001/240.62 mi-3

Local Area Statistics

Population in CM1

62,617

Population in Chelmsford

174,693

Town centre distance

0.21 miles away

Nearest school

0.30 miles away

Nearest train station

0.34 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £325,000

June 4, 2024

Floor Plans

Description

  • City Centre Location +
  • Three Bedrooms +
  • Separate Lounge/Diner +
  • Permit Parking +

SUMMARY
A spacious THREE BEDROOM HOUSE situated on the fringe of the City centre and within WALKING DISTANCE TO THE STATION hence could well suit commuters as well as first time & investment buyers.

DESCRIPTION
The accommodation comprises entrance hall, cloakroom, lounge and separate dining room, kitchen, three bedrooms and a bathroom. There is a neat area of garden at the rear and permit parking in the roads close by.

Chelmsford city centre offers a thriving nightlife with a selection of bars and a wide selection of places to eat from independent family restaurants to well known chain restaurants serving cuisines from around the world. Chelmsford features a comprehensive range of shopping facilities with its pedestrianised High Street, two shopping precincts and hugely popular Bond Street with John Lewis store. Chelmsford is extremely popular with leisure enthusiasts with a selection of sports clubs at the local Chelmer Park. A selection of gyms including the newly refurbished Riverside Ice & Leisure, there are a selection of golf clubs within the area and the nearby Hylands Park estate and Galleywood Common provide pleasant walks and open spaces.

Chelmsford is renowned for its educational excellence and alongside the local schools situated within close proximity, it offers two of the country's top performing grammar schools, Writtle agricultural college and Anglian Ruskin University. Chelmsford's mainline station provides a direct service to London Liverpool St with a journey time as fast as 35 minutes, the property is also conveniently located within 2 miles of the A12 and A414 which provide access to the M25 and M11

Ground Floor 

Entrance Hall 

Lounge 12' 7" x 10' 5" ( 3.84m x 3.17m )

Dining Room 10' 10" x 8' 6" ( 3.30m x 2.59m )

Kitchen 10' 7" x 10' ( 3.23m x 3.05m )

First Floor 

Bedroom One 12' 3" x 9' 8" ( 3.73m x 2.95m )

Bedroom Two 12' 6" x 9' 11" ( 3.81m x 3.02m )

Bedroom Three 9' 3" x 6' 11" ( 2.82m x 2.11m )

Bathroom 

Outside 

Rear Garden 

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

William H. Brown, Chelmsford

01245 945123

Next Steps?

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