3 Bed Terraced House, Single Let, Chelmsford, CM2 7QE, £250,000

Baddow Road, Chelmsford, CM2 7QE - 6 views - 7 months ago

Sold STC
BTL
ROI: 7%
~65 m²
+9 photos

ValuationUndervalued

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

 

 

Square Metres

~65 m²
Price/m²£3.8K/m²

Value Estimate

£283,169
BMV13%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£71,200

 

 

Cash Out

 

Rent Range

£1,550 - £2,300

Rent Estimate

£1,550

Running Costs/mo

£1,111

Cashflow/mo

£439

Cashflow/yr

£5,265

ROI

7%

Gross Yield

7%

Local Sold Prices

51 sold prices from £230K to £750K, average is £387.5K. £2.6K/m² to £6.9K/m², average is £4.4K/m².

PriceDateDistanceAddressBeds 
£525K12/200.04 mi12, Beehive Lane, Chelmsford, Essex CM2 9SX3
£390K04/230.15 mi33, Harberd Tye, Chelmsford, Essex CM2 9GH3
£305K05/210.15 mi48, Whitehouse Crescent, Chelmsford, Essex CM2 7LW3
£387.5K09/210.16 mi318, Baddow Road, Chelmsford, Essex CM2 9QX3
£350K03/210.16 mi276, Baddow Road, Chelmsford, Essex CM2 9QX3
£400K02/230.16 mi15, Canford Close, Chelmsford, Essex CM2 9RG3
£390K02/230.16 mi48, Whitehouse Crescent, Chelmsford, Essex CM2 7LW3
£300K03/230.16 mi50, Whitehouse Crescent, Chelmsford, Essex CM2 7LW3
£325K12/200.16 mi1, Spring Pond Close, Chelmsford, Essex CM2 7LX3
£302.5K01/210.17 mi319, Meadgate Avenue, Chelmsford, Essex CM2 7NL3
£290K10/210.17 mi343, Meadgate Avenue, Chelmsford, Essex CM2 7NL3
£495K12/220.2 mi18, Chelmerton Avenue, Chelmsford, Essex CM2 9RE3
£305K09/210.2 mi208, Meadgate Avenue, Chelmsford, Essex CM2 7LL3
£350K01/210.23 mi175, Baddow Road, Chelmsford, Essex CM2 7PZ3
£450K03/230.23 mi36, Beehive Lane, Chelmsford, Essex CM2 9TJ3
£312.5K02/210.25 mi24, Loftin Way, Chelmsford, Essex CM2 9TN3
£624K04/230.26 mi210, Baddow Road, Chelmsford, Essex CM2 9QR3
£750K11/210.26 mi26, Chelmerton Avenue, Chelmsford, Essex CM2 9RF3
£550K08/210.26 mi45, Chelmerton Avenue, Chelmsford, Essex CM2 9RF3
£335K12/200.26 mi280, Meadgate Avenue, Chelmsford, Essex CM2 7LN3
£300K01/210.27 mi38, Loftin Way, Chelmsford, Essex CM2 9TW3
£397.5K05/230.28 mi33, Loftin Way, Chelmsford, Essex CM2 9TP3
£475K09/210.28 mi9, Longfield Road, Chelmsford, Essex CM2 7QH3
£390K04/210.28 mi2, Chilton Close, Chelmsford, Essex CM2 9TU3
£480K01/210.29 mi8, Dorset Avenue, Chelmsford, Essex CM2 9TZ3
£310K09/210.3 mi35, Meadgate Avenue, Chelmsford, Essex CM2 7NF3
£320K04/210.3 mi12, Longmore Avenue, Chelmsford, Essex CM2 7NT3
£442.5K03/210.31 mi48, Beehive Lane, Chelmsford, Essex CM2 9RP3
£367K06/210.32 mi23, Meadgate Avenue, Chelmsford, Essex CM2 7ND3
£500K12/210.32 mi35, Wallace Crescent, Chelmsford, Essex CM2 9QL3
£390K12/200.32 mi6, Wallace Crescent, Chelmsford, Essex CM2 9QL3
£465K04/210.33 mi4, Longmead Avenue, Great Baddow, Chelmsford, Essex CM2 7EE3
£465K04/210.33 mi4, Longmead Avenue, Great Baddow, Chelmsford, Essex CM2 7EE3
£450K06/210.33 mi8, Oldbury Avenue, Chelmsford, Essex CM2 7EB3
£230K02/210.35 mi39, Dorset Avenue, Chelmsford, Essex CM2 9UA3
£345K03/210.36 mi139, Baddow Road, Chelmsford, Essex CM2 7PY3
£500K01/230.37 mi5, Langdale Gardens, Chelmsford, Essex CM2 9QH3
£387.5K12/220.41 mi181, Gloucester Avenue, Chelmsford, Essex CM2 9DX3
£357.5K12/200.41 mi39, Ash Grove, Chelmsford, Essex CM2 9JT3
£360K09/210.42 mi243, Gloucester Avenue, Chelmsford, Essex CM2 9DX3
£365K12/220.42 mi189, Gloucester Avenue, Chelmsford, Essex CM2 9DX3
£380K05/230.42 mi183, Gloucester Avenue, Chelmsford, Essex CM2 9DX3
£375K07/230.42 mi27, Sawkins Gardens, Chelmsford, Essex CM2 9SD3
£315K03/210.42 mi16, Lucas Avenue, Chelmsford, Essex CM2 9JJ3
£410K12/200.44 mi1, Amcotes Place, Chelmsford, Essex CM2 9HZ3
£415K12/210.44 mi24, Van Diemans Road, Chelmsford, Essex CM2 9QQ3
£492K02/210.44 mi84, Dorset Avenue, Chelmsford, Essex CM2 9UB3
£550K02/230.44 mi82, Dorset Avenue, Chelmsford, Essex CM2 9UB3
£315K02/210.45 mi33, Lucas Avenue, Chelmsford, Essex CM2 9JL3
£325K06/210.45 mi39, Lucas Avenue, Chelmsford, Essex CM2 9JL3
£410K06/210.46 mi26, Linden Close, Chelmsford, Essex CM2 9JQ3

Local Rents

20 rents from £1.6K/mo to £2.3K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,55003/240.08 miGerard Gardens, Great Baddow3
£1,89504/240.17 miGoodwin Close, CHELMSFORD3
£1,55001/250.19 mi-3
£1,55012/240.2 miMeadgate Avenue, Chelmsford3
£2,30002/240.21 mi-3
£1,65004/240.26 mi-3
£2,10001/250.27 mi-3
£1,70003/250.34 mi-3
£1,55004/240.35 miDorset Avenue, CHELMSFORD3
£1,80011/240.41 mi-3
£1,85003/250.41 mi-3
£1,65003/250.44 mi-3
£1,80002/250.44 mi-3
£1,65005/240.48 miWaltham Glen, Chelmsford, Essex, CM2 9EL3
£1,79504/240.5 miWhitethorn Gardens, Chelmsford, Essex, CM23
£1,89703/240.51 miWharf Road, Chelmsford, Essex, CM23
£1,88204/240.51 miWharf Road, Chelmsford, Essex, CM23
£2,12003/240.51 miWharf Road, One Canalside, Chelmsford, CM23
£2,22004/240.51 miWharf Road, Chelmsford, Essex, CM23
£1,69504/240.56 miRose Glen, Chelmsford, Essex, CM23

Local Area Statistics

Population in CM2

58,244

Population in Chelmsford

174,693

Town centre distance

1.47 miles away

Nearest school

0.30 miles away

Nearest train station

1.32 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £250,000

August 23, 2024

Floor Plans

Description

  • Three bedrooms +
  • Two reception rooms +
  • Walking distance to amenities +
  • No Onward Chain +
  • Ideal first time buy or investment opportunity +

McCartney Sales is delighted to present this charming three-bedroom period end-of-terrace cottage. Offered with no onward chain, this property is an excellent opportunity for first-time buyers or those seeking a buy-to-let investment.. The property features an entrance porch, a cozy lounge, a separate dining room, and a well-proportioned kitchen. Upstairs, there are three bedrooms and a family bathroom. Externally, the property includes a small patio seating area, an outside toilet, and a coal shed housing the combi boiler which provides gas central heating throughout the house. The front of the property offers a hard-standing paved area with the potential for off-road parking. Ideally located on Baddow Road, the property provides easy walking access to Chelmsford city centre, bus links and the mainline railway station. For more information or to arrange a viewing,

Agent Details

McCartney Estate Agents, Chelmsford

01245 945622

Next Steps?

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