2 Bed Terraced House, Single Let, Chelmsford, CM2 9GD, £315,000

Gerard Gardens, Great Baddow, CM2 9GD - 8 months ago

Sold STC
BTL
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£250K - £530K
Sold Prices/m²£3.1K/m² - £7.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.6K/m²

Value Estimate

£325,419
BMV3%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£78,750

Stamp Duty & Legal Fees

£13,900

Total Cash In

£92,650

 

 

Cash Out

 

Rent Range

£1,095 - £1,950

Rent Estimate

£1,095

Running Costs/mo

£1,223

Cashflow/mo

£-128

Cashflow/yr

£-1,540

Gross Yield

4%

Local Sold Prices

50 sold prices from £250K to £530K, average is £325K. £3.1K/m² to £7.4K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£292.5K03/210.04 mi10, Beehive Lane, Chelmsford, Essex CM2 9SX2
£325K08/230.06 mi7, Beehive Lane, Chelmsford, Essex CM2 9SU2
£321K12/200.07 mi247, Baddow Road, Chelmsford, Essex CM2 7QA2
£325K04/210.07 mi245, Baddow Road, Chelmsford, Essex CM2 7QA2
£305K03/210.07 mi243, Baddow Road, Chelmsford, Essex CM2 7QA2
£330K05/230.11 mi28, Chelwater, Great Baddow, Chelmsford, Essex CM2 7UQ2
£362.5K08/230.12 mi268, Baddow Road, Chelmsford, Essex CM2 9QX2
£285K03/210.16 mi5, Belgrave Close, Chelmsford, Essex CM2 9TS2
£260K06/210.16 mi233, Baddow Road, Chelmsford, Essex CM2 7PZ2
£335K01/210.26 mi19, Fraser Close, Chelmsford, Essex CM2 0TD2
£330K08/210.27 mi22, Wallace Crescent, Chelmsford, Essex CM2 9QL2
£325K02/210.29 mi66, Bramwoods Road, Chelmsford, Essex CM2 7LT2
£300K12/200.34 mi37, Ash Grove, Chelmsford, Essex CM2 9JT2
£325K04/230.34 mi55, Ash Grove, Chelmsford, Essex CM2 9JT2
£250K03/210.34 mi61, Sawkins Avenue, Chelmsford, Essex CM2 9SE2
£325K12/220.38 mi20, Amcotes Place, Chelmsford, Essex CM2 9HZ2
£305K12/200.41 mi9, Paschal Way, Chelmsford, Essex CM2 7NU2
£310K12/200.47 mi4, Ashmeads, Chelmsford, Essex CM2 9FJ2
£425K09/210.48 mi11, Duffield Road, Chelmsford, Essex CM2 9RY2
£292.5K01/210.48 mi15, Duffield Road, Chelmsford, Essex CM2 9RY2
£365K07/230.48 mi10, Duffield Road, Chelmsford, Essex CM2 9RY2
£335K07/230.52 mi6, Lime Walk, Chelmsford, Essex CM2 9NF2
£299.5K08/210.61 mi28, Readers Court, Chelmsford, Essex CM2 8EX2
£292.5K12/200.63 mi23, St Anthonys Drive, Chelmsford, Essex CM2 9EG2
£420K12/220.63 mi27, Lady Lane, Chelmsford, Essex CM2 0TG2
£507K11/200.64 mi74, Manor Road, Chelmsford, Essex CM2 0ER2
£288K01/210.64 mi29, St Anthonys Drive, Chelmsford, Essex CM2 9EG2
£255K01/210.64 mi50, Orange Tree Close, Chelmsford, Essex CM2 9NE2
£362.5K05/210.64 mi23, Goldlay Road, Chelmsford, Essex CM2 0EJ2
£335K11/210.65 mi30, Foxholes Road, Chelmsford, Essex CM2 7HP2
£285.5K04/210.66 mi35, Orange Tree Close, Chelmsford, Essex CM2 9ND2
£375K07/230.67 mi11, Parker Road, Chelmsford, Essex CM2 0ES2
£460K08/210.7 mi119, Mildmay Road, Chelmsford, Essex CM2 0DS2
£419K02/210.7 mi93, Mildmay Road, Chelmsford, Essex CM2 0DS2
£301K01/210.7 mi35, Chelmer Road, Chelmsford, Essex CM2 6NH2
£315.5K08/210.72 mi34, Navigation Road, Chelmsford, Essex CM2 6HD2
£340K12/200.75 mi12, Tylers Close, Chelmsford, Essex CM2 9DY2
£367K09/210.77 mi13, Hill Road, Chelmsford, Essex CM2 6HW2
£300K04/210.77 mi12, Hill Road, Chelmsford, Essex CM2 6HW2
£275K11/210.77 mi48, Roman Road, Chelmsford, Essex CM2 0HB2
£285K11/210.79 mi6, Vicarage Road, Chelmsford, Essex CM2 9PG2
£350K06/210.79 mi14, Grove Road, Chelmsford, Essex CM2 0EY2
£380K06/210.81 mi15, Hamlet Road, Chelmsford, Essex CM2 0EU2
£375K11/200.81 mi46, Vicarage Road, Chelmsford, Essex CM2 9PQ2
£257.5K12/200.84 mi17, Church Street, Great Baddow, Chelmsford, Essex CM2 7HX2
£395K12/200.85 mi15, Nursery Road, Chelmsford, Essex CM2 9PL2
£312.5K02/210.86 mi148, Moulsham Street, Chelmsford, Essex CM2 0LD2
£312.5K02/210.87 mi148, Moulsham Street, Chelmsford, Essex CM2 0LD2
£392K12/200.87 mi9, Nursery Road, Chelmsford, Essex CM2 9PJ2
£530K02/210.92 mi88, Vicarage Lane, Great Baddow, Chelmsford, Essex CM2 8JB2

Local Rents

50 rents from £1.1K/mo to £1.9K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,19505/240.05 miHarberd Tye, Great Baddow2
£1,22504/240.05 miSearle Close, Chelmsford2
£1,09504/240.06 miHarberd Tye, CHELMSFORD2
£1,30003/240.06 miHarberd Tye, Great Baddow, CM22
£1,27504/240.07 miBaddow Road, Chelmsford2
£1,27505/240.07 miBaddow Road, Chelmsford2
£1,75004/240.07 mi-2
£1,75005/240.07 mi-2
£1,75003/250.07 mi-2
£1,75005/240.07 miBaddow Road, Chelmsford, CM22
£1,75004/240.07 miBaddow Road, Chelmsford, CM2N/A
£1,95004/240.08 miChelwater, Great Baddow, Chelmsford, CM22
£1,95005/240.08 mi-2
£1,10010/230.11 miGoodwin Close, Great Baddow, Chelmsford2
£1,30005/240.11 miGoodwin Close, CM22
£1,40002/250.13 mi-2
£1,20004/240.16 miBaddow Road, Chelmsford2
£1,30004/240.16 miBaddow Road, Chelmsford2
£1,45003/240.17 miWallace Crescent, Chelmsford, CM22
£1,10003/240.21 miMeadgate Avenue, CM22
£1,50003/250.29 mi-2
£1,40003/240.29 miLea Court, Baddow Road2
£1,40003/240.29 miLea Court, Baddow Road2
£1,29503/240.34 miAsh Grove, Chelmsford, Essex, CM22
£1,50002/240.37 mi-2
£1,50002/250.37 mi-2
£1,09503/240.38 miAmcotes Place, CM22
£1,50003/250.38 mi-2
£1,49004/240.5 miWharf Road, Chelmsford, Essex, CM22
£1,49003/240.5 miWharf Road, Chelmsford, Essex, CM22
£1,44504/240.5 miWharf Road, One Canalside, Chelmsford, CM22
£1,25003/240.5 miBurwood Court, Goldlay Avenue2
£1,66204/240.51 miWharf Road, Chelmsford, Essex, CM22
£1,47504/240.51 miWharf Road, Chelmsford, Essex, CM22
£1,45503/240.51 miWharf Road, Chelmsford, Essex, CM22
£1,46004/240.51 miWharf Road, Chelmsford, Essex, CM22
£1,46004/240.51 miWharf Road, Chelmsford, Essex, CM22
£1,55504/240.51 miWharf Road, Chelmsford, Essex, CM22
£1,55504/240.51 miWharf Road, Chelmsford, Essex, CM22
£1,50504/240.51 miWharf Road, Chelmsford, Essex, CM22
£1,48504/240.51 miWharf Road, Chelmsford, Essex, CM22
£1,47004/240.51 miWharf Road, Chelmsford, Essex, CM22
£1,44504/240.51 miWharf Road, Chelmsford, Essex, CM22
£1,50504/240.51 miWharf Road, Chelmsford, Essex, CM22
£1,48504/240.51 miWharf Road, Chelmsford, Essex, CM22
£1,48505/240.51 miWharf Road, Chelmsford, Essex, CM22
£1,35001/250.52 mi-2
£1,60005/240.55 miWharf road, Chelmsford2
£1,40003/240.55 miLynmouth Avenue, Chelmsford2
£1,25004/250.56 mi-2

Local Area Statistics

Population in CM2

58,244

Population in Chelmsford

174,693

Town centre distance

1.44 miles away

Nearest school

0.40 miles away

Nearest train station

1.29 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £315,000

August 3, 2024

Sold for £250,000

2019

Sold for £250,000

2017

Sold for £210,000

2014

Sold for £167,500

2010

Sold for £190,000

2006

Floor Plans

Description

  • Immaculate Two Bedroom Terrace Home +
  • Prime Great Baddow Village Location +
  • Modern Fitted Kitchen +
  • Family Lounge Overlooking Rear Garden +
  • Fitted Wardrobes in Both Bedrooms +
  • Luxury Bathroom +
  • Quiet Mews Setting +
  • Personal Allocated Parking +
  • Gas Fired Heating and Double Glazed Windows +
  • No Onward Chain - Quick Sale Available +

Situated in a quiet mews position in the village of Great Baddow, this is an immaculately presented two bedroom home in a highly favoured location. The property is available with NO ONWARD CHAIN and a quick sale is possible. Set over two floors, the property has well designed accommodation with bags of natural light and flexible living spaces. On the ground floor visitors are greeted with a traditional entrance hall with stairs leading to the first floor and access to the downstairs rooms. At the rear is a bright and spacious lounge with patio doors leading out to the garden. To the front is a modern fitted kitchen with high gloss fitted units, inset gas hob and electric oven with spaces for appliances. The property also has the benefit of a ground floor cloakroom, a feature which is often not found in homes of this type. Additionally there is a convenient built in storage cupboard in the entrance hallway. Upstairs the property has two good size bedrooms. Both bedrooms have fitted wardrobes and in the master bedroom there is also a convenient built-in desk or dressing table area. There is a good sized luxury bathroom with recently installed shower over the bath. Various floor coverings are present consisting of tiled areas, laminate flooring and carpets all of which are presented in immaculate condition. The property is double glazed and has gas fired heating. Outside the rear garden has been designed for low maintenance with a decked patio area which is ideal for alfresco dining or outdoor entertaining. Just to the side of the properties is a private parking area with a personal allocated parking space. In summary, this property is well presented modern family home ideal for a first time buyer or young family looking to settle in a popular and convenient location in a quiet setting. Please contact us to arrange a viewing. Young's Residential are a family run estate agency business and available outside of normal office hours. Please visit the Young's Residential website or our social media pages to obtain our contact information and register for property updates. ALSO. CHECK OUT THE VIDEO FLY-THROUGH on our website and you tube channel. If you would like a FREE valuation on your own property, please contact us at any time. Appointments are available 7 Days a week.

EPC Rating: C

Agent Details

Youngs Residential, Covering Essex

01268 202940

Next Steps?

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