3 Bed Semi-Detached House, Single Let, Chelmsford, CM2 8DU, £360,000

3 Hollywood Close, Great Baddow, Chelmsford, Essex, CM2 8DU - 10 months ago

Sold STC
BTL
ROI: 1%
~93 m²
+11 photos

ValuationUndervalued

Sold Prices£230K - £750K
Sold Prices/m²£2.6K/m² - £6.9K/m²

 

 

Square Metres

~93 m²
Price/m²£3.9K/m²

Value Estimate

£375,069
BMV4%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£90,000

Stamp Duty & Legal Fees

£17,500

Total Cash In

£107,500

 

 

Cash Out

 

Rent Range

£1,400 - £4,500

Rent Estimate

£1,500

Running Costs/mo

£1,445

Cashflow/mo

£55

Cashflow/yr

£660

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £230K to £750K, average is £386.3K. £2.6K/m² to £6.9K/m², average is £4K/m².

PriceDateDistanceAddressBeds 
£420K02/230.03 mi2, Elm Close, Great Baddow, Chelmsford, Essex CM2 8DX3
£325K05/210.12 mi70, Noakes Avenue, Chelmsford, Essex CM2 8EW3
£290K06/210.13 mi93, Noakes Avenue, Chelmsford, Essex CM2 8EW3
£502.5K01/210.15 mi72, Dorset Avenue, Chelmsford, Essex CM2 9UB3
£425K06/210.2 mi3, Greenland Gardens, Great Baddow, Chelmsford, Essex CM2 8ZF3
£322.5K05/230.22 mi152, Noakes Avenue, Chelmsford, Essex CM2 8EP3
£550K02/230.22 mi82, Dorset Avenue, Chelmsford, Essex CM2 9UB3
£492K02/210.22 mi84, Dorset Avenue, Chelmsford, Essex CM2 9UB3
£325K03/210.23 mi156, Galleywood Road, Great Baddow, Chelmsford, Essex CM2 8DP3
£430K02/230.27 mi19, The Dell, Great Baddow, Chelmsford, Essex CM2 7JY3
£360K12/200.27 mi21, The Dell, Great Baddow, Chelmsford, Essex CM2 7JY3
£325K02/210.28 mi295, Dorset Avenue, Chelmsford, Essex CM2 8HB3
£360K07/230.28 mi277, Dorset Avenue, Chelmsford, Essex CM2 8HB3
£350K12/200.28 mi146, Galleywood Road, Great Baddow, Chelmsford, Essex CM2 8DP3
£292.5K03/230.29 mi214, Dorset Avenue, Chelmsford, Essex CM2 8YZ3
£230K02/210.29 mi39, Dorset Avenue, Chelmsford, Essex CM2 9UA3
£525K11/200.29 mi70, Vicarage Lane, Great Baddow, Chelmsford, Essex CM2 8HY3
£475K05/210.33 miDuckingstool Cottage, Bell Street, Great Baddow, Chelmsford, Essex CM2 7JR3
£715K04/210.33 mi11, Bell Street, Great Baddow, Chelmsford, Essex CM2 7JR3
£320K08/210.34 mi374, Dorset Avenue, Chelmsford, Essex CM2 8HD3
£290K02/210.34 mi378, Dorset Avenue, Chelmsford, Essex CM2 8HD3
£345K01/230.34 mi314, Dorset Avenue, Chelmsford, Essex CM2 8HD3
£290K08/210.35 mi170, Galleywood Road, Great Baddow, Chelmsford, Essex CM2 8YT3
£357K12/220.35 mi150, Galleywood Road, Great Baddow, Chelmsford, Essex CM2 8DP3
£385K03/230.36 mi23, Park View Crescent, Great Baddow, Chelmsford, Essex CM2 8HX3
£376K12/200.37 mi18, Heycroft Way, Chelmsford, Essex CM2 8JG3
£376K12/200.37 mi18, Heycroft Way, Chelmsford, Essex CM2 8JG3
£293K12/200.37 mi5, Gardeners, Chelmsford, Essex CM2 8YU3
£340K02/210.37 mi55, Gardeners, Chelmsford, Essex CM2 8YU3
£330K03/210.38 mi19, Johnson Road, Chelmsford, Essex CM2 7JL3
£412K12/200.38 mi30, Johnson Road, Chelmsford, Essex CM2 7JL3
£750K11/210.38 mi26, Chelmerton Avenue, Chelmsford, Essex CM2 9RF3
£550K08/210.38 mi45, Chelmerton Avenue, Chelmsford, Essex CM2 9RF3
£405K05/230.38 mi8, Colley Road, Chelmsford, Essex CM2 7JQ3
£480K01/210.38 mi8, Dorset Avenue, Chelmsford, Essex CM2 9TZ3
£387.5K03/210.39 mi9, Ashmeads, Chelmsford, Essex CM2 9FJ3
£390K04/210.44 mi2, Baddow Place Avenue, Chelmsford, Essex CM2 7JN3
£495K12/220.44 mi18, Chelmerton Avenue, Chelmsford, Essex CM2 9RE3
£442.5K03/210.46 mi48, Beehive Lane, Chelmsford, Essex CM2 9RP3
£450K03/230.48 mi36, Beehive Lane, Chelmsford, Essex CM2 9TJ3
£400K02/230.49 mi15, Canford Close, Chelmsford, Essex CM2 9RG3
£375K07/230.53 mi27, Sawkins Gardens, Chelmsford, Essex CM2 9SD3
£312.5K02/210.54 mi24, Loftin Way, Chelmsford, Essex CM2 9TN3
£365K12/200.55 mi16, Smithers Drive, Chelmsford, Essex CM2 7JP3
£428K01/210.55 mi14, Smithers Drive, Chelmsford, Essex CM2 7JP3
£450K06/210.55 mi8, Oldbury Avenue, Chelmsford, Essex CM2 7EB3
£705K12/220.56 mi213, Beehive Lane, Chelmsford, Essex CM2 9SH3
£475K09/210.57 mi9, Longfield Road, Chelmsford, Essex CM2 7QH3
£300K01/210.6 mi38, Loftin Way, Chelmsford, Essex CM2 9TW3
£500K11/200.6 mi253, Beehive Lane, Chelmsford, Essex CM2 9SJ3

Local Rents

40 rents from £1.4K/mo to £4.5K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,79505/240.13 miNoakes Avenue, CHELMSFORD3
£1,89505/240.2 miGreenland Gardens, Great Baddow, CM23
£1,69510/230.22 miNoakes Avenue, Chelmsford, Essex, CM23
£1,55004/240.3 miDorset Avenue, CHELMSFORD3
£1,80011/240.32 mi-3
£1,65004/240.42 mi-3
£2,30002/240.43 mi-3
£2,10001/250.54 mi-3
£1,80002/250.6 mi-3
£1,55003/240.63 miGerard Gardens, Great Baddow3
£1,89504/240.74 miGoodwin Close, CHELMSFORD3
£1,79504/240.75 miWhitethorn Gardens, Chelmsford, Essex, CM23
£1,65004/250.75 mi-3
£1,55001/250.75 mi-3
£1,55012/240.76 miMeadgate Avenue, Chelmsford3
£1,50004/240.77 miStuart Close, CM23
£1,70003/240.8 miGilmore Place, Great Baddow3
£1,65004/240.81 miCypress Drive, Chelmsford, Essex, CM23
£1,52502/240.83 mi-3
£1,65005/240.88 miWaltham Glen, Chelmsford, Essex, CM2 9EL3
£1,69504/240.88 miRose Glen, Chelmsford, Essex, CM23
£1,70004/250.9 mi-3
£1,85004/250.97 mi-3
£1,70001/251.06 mi-3
£1,52503/241.06 miLinnet Drive, Chelmsford3
£1,50003/241.08 miLinnet Drive, Tile Kiln, Chelmsford, CM2 8AL3
£1,50010/231.08 miPlane Tree Close, Chelmsford, Essex, CM23
£1,55002/241.1 mi-3
£1,57505/241.1 mi-3
£1,40004/241.11 miCannon Leys3
£1,75004/241.13 miSt Johns Road, Chelmsford, CM23
£1,89703/241.14 miWharf Road, Chelmsford, Essex, CM23
£1,88204/241.14 miWharf Road, Chelmsford, Essex, CM23
£2,12003/241.14 miWharf Road, One Canalside, Chelmsford, CM23
£2,22004/241.14 miWharf Road, Chelmsford, Essex, CM23
£1,80003/251.18 mi-3
£1,80005/241.21 mi-3
£4,50002/241.24 mi-3
£4,50003/241.24 mi-3
£4,50004/251.24 mi-3

Local Area Statistics

Population in CM2

58,244

Population in Chelmsford

174,693

Town centre distance

2.08 miles away

Nearest school

0.20 miles away

Nearest train station

1.94 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £360,000

June 19, 2024

Floor Plans

Description

  • BEING IN NEED OF SOME GENERAL UPDATING AND MODERNISATION +
  • THREE BEDROOM FAMILY HOME +
  • LOUNGE/DINER +
  • KITCHEN +
  • FIRST FLOOR BATHROOM AND SEPARATE WC +
  • DRIVEWAY AND GARAGE +
  • POPULAR LOCATION - CLOSE TO SHOPS AND SCHOOLS +
  • NO ONWARD CHAIN +
  • PLEASANT FRONT AND REAR GARDENS +
  • VIEWING HIGHLY RECOMMENDED +

Being in need of some general updating and modernisation, is this three bedroom family home. The accommodation comprises of a 23' lounge/diner and kitchen to the ground floor with three bedrooms and a family bathroom and separate wc to the first floor. The property further benefits gas central heating, a driveway providing off road parking, a larger than average garage and pleasant front and rear gardens. NO ONWARD CHAIN (Council Tax Band - D) The property is conveniently located to the South of Chelmsford City Centre in the highly desirable area of Great Baddow. Great Baddow offers a selection of sought after schools, easy access to the A12 and A130 for commuting and a selection of parks and open green recreational areas. Baddow Hall infant and junior schools are located within 0.6 miles of the property, Great Baddow High and the Sandon School are just over a mile from the property. The Vineyards shopping centre provides a number of day to day amenities and is within walking distance or a short bus journey. Shopping facilities include; Co-op supermarket, post office, butchers, bakers and greengrocers, adjacent library and nearby doctors surgery. Nearby Maldon Road provides a local farm shop which sells fresh fruit and vegetable produce from local farms. A regular bus service runs from Longmead Avenue (a short walk from the property) and Sandon Park and Ride is located with 1.2 Miles walking distance which provides access to Chelmsford City Centre and it’s mainline train station which provides a direct service in Stratford and London Liverpool Street (journey time approximately 35 minutes). Chelmsford's City Centre offers a wider range of shopping facilities, numerous restaurants, thriving nightlife with a selection of bars, there are two theatres including the Civic Theatre and two multi-screen cinemas, pedestrianised high street. two shopping precincts, retail parks as well as several designer stores in the popular Bond Street. 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 sports clubs can be found in the Great Baddow area at both Chelmer Park and Baddow Recreational Ground.

Agent Details

Balch Estate Agents, Chelmsford

01245 945488

Next Steps?

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