3 Bed Semi-Detached House, Planning Permission, Chelmsford, CM2 7AS, £425,000

18 Harrow Way, Chelmsford, Essex, CM2 7AS - 7 months ago

Planning
86 m²
+7 photos

ValuationOvervalued

Sold Prices£230K - £750K
Sold Prices/m²£2.6K/m² - £7.9K/m²

 

 

Square Metres

86 m²
Price/m²£4.9K/m²

Value Estimate

£373,202

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£22,700

Total Cash In

£128,950

 

 

Cash Out

 

Rent Range

£1,295 - £2,300

Rent Estimate

£1,550

Running Costs/mo

£1,658

Cashflow/mo

£-108

Cashflow/yr

£-1,297

Gross Yield

4%

Local Sold Prices

51 sold prices from £230K to £750K, average is £406K. £2.6K/m² to £7.9K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£325K02/210.01 mi21, Harrow Way, Chelmsford, Essex CM2 7AS3
£360K03/210.01 mi14, Harrow Way, Chelmsford, Essex CM2 7AS3
£310K09/210.04 mi35, Harrow Way, Chelmsford, Essex CM2 7AT3
£406K02/210.04 mi5, Barrington Close, Chelmsford, Essex CM2 7AX3
£495K06/210.06 mi12, Isaac Square, Great Baddow, Chelmsford, Essex CM2 7PP3
£405K08/230.08 mi16, Pawle Close, Great Baddow, Chelmsford, Essex CM2 7AY3
£290K11/200.1 mi16, Pawle Close, Great Baddow, Chelmsford, Essex CM2 7AY3
£476K08/210.1 mi51, Baddow Hall Crescent, Chelmsford, Essex CM2 7BX3
£585K03/230.11 mi83, Baddow Hall Crescent, Chelmsford, Essex CM2 7BX3
£415K06/210.15 mi7, Baddow Hall Crescent, Chelmsford, Essex CM2 7BY3
£377K01/210.16 mi13, Baddow Hall Avenue, Chelmsford, Essex CM2 7BN3
£320K01/210.18 mi34, Baden Powell Close, Great Baddow, Chelmsford, Essex CM2 7GA3
£390K06/210.18 mi31, Baden Powell Close, Great Baddow, Chelmsford, Essex CM2 7GA3
£365K05/230.18 mi26, Baden Powell Close, Great Baddow, Chelmsford, Essex CM2 7GA3
£475K05/230.19 mi98, Molrams Lane, Great Baddow, Chelmsford, Essex CM2 7AL3
£700K12/220.19 mi92, Molrams Lane, Great Baddow, Chelmsford, Essex CM2 7AL3
£365K12/200.23 mi16, Smithers Drive, Chelmsford, Essex CM2 7JP3
£428K01/210.23 mi14, Smithers Drive, Chelmsford, Essex CM2 7JP3
£390K04/210.24 mi2, Baddow Place Avenue, Chelmsford, Essex CM2 7JN3
£430K03/210.25 mi133, Baddow Hall Crescent, Chelmsford, Essex CM2 7BU3
£405K05/230.37 mi8, Colley Road, Chelmsford, Essex CM2 7JQ3
£715K04/210.37 mi11, Bell Street, Great Baddow, Chelmsford, Essex CM2 7JR3
£475K05/210.37 miDuckingstool Cottage, Bell Street, Great Baddow, Chelmsford, Essex CM2 7JR3
£330K03/210.4 mi19, Johnson Road, Chelmsford, Essex CM2 7JL3
£412K12/200.4 mi30, Johnson Road, Chelmsford, Essex CM2 7JL3
£525K11/200.43 mi70, Vicarage Lane, Great Baddow, Chelmsford, Essex CM2 8HY3
£425K06/210.48 mi3, Greenland Gardens, Great Baddow, Chelmsford, Essex CM2 8ZF3
£360K12/200.49 mi21, The Dell, Great Baddow, Chelmsford, Essex CM2 7JY3
£430K02/230.49 mi19, The Dell, Great Baddow, Chelmsford, Essex CM2 7JY3
£385K03/230.53 mi23, Park View Crescent, Great Baddow, Chelmsford, Essex CM2 8HX3
£376K12/200.61 mi18, Heycroft Way, Chelmsford, Essex CM2 8JG3
£376K12/200.61 mi18, Heycroft Way, Chelmsford, Essex CM2 8JG3
£420K02/230.65 mi2, Elm Close, Great Baddow, Chelmsford, Essex CM2 8DX3
£450K06/210.69 mi8, Oldbury Avenue, Chelmsford, Essex CM2 7EB3
£502.5K01/210.74 mi72, Dorset Avenue, Chelmsford, Essex CM2 9UB3
£475K09/210.75 mi9, Longfield Road, Chelmsford, Essex CM2 7QH3
£465K04/210.76 mi4, Longmead Avenue, Great Baddow, Chelmsford, Essex CM2 7EE3
£465K04/210.76 mi4, Longmead Avenue, Great Baddow, Chelmsford, Essex CM2 7EE3
£325K05/210.79 mi70, Noakes Avenue, Chelmsford, Essex CM2 8EW3
£290K06/210.8 mi93, Noakes Avenue, Chelmsford, Essex CM2 8EW3
£335K12/200.81 mi280, Meadgate Avenue, Chelmsford, Essex CM2 7LN3
£492K02/210.81 mi84, Dorset Avenue, Chelmsford, Essex CM2 9UB3
£550K02/230.81 mi82, Dorset Avenue, Chelmsford, Essex CM2 9UB3
£750K11/210.82 mi26, Chelmerton Avenue, Chelmsford, Essex CM2 9RF3
£550K08/210.82 mi45, Chelmerton Avenue, Chelmsford, Essex CM2 9RF3
£230K02/210.82 mi39, Dorset Avenue, Chelmsford, Essex CM2 9UA3
£320K04/210.83 mi12, Longmore Avenue, Chelmsford, Essex CM2 7NT3
£495K12/220.84 mi18, Chelmerton Avenue, Chelmsford, Essex CM2 9RE3
£305K09/210.89 mi208, Meadgate Avenue, Chelmsford, Essex CM2 7LL3
£322.5K05/230.89 mi152, Noakes Avenue, Chelmsford, Essex CM2 8EP3
£325K03/210.9 mi156, Galleywood Road, Great Baddow, Chelmsford, Essex CM2 8DP3

Local Rents

18 rents from £1.3K/mo to £2.3K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,50004/240.1 miStuart Close, CM23
£1,70003/240.12 miGilmore Place, Great Baddow3
£1,89505/240.48 miGreenland Gardens, Great Baddow, CM23
£1,79505/240.8 miNoakes Avenue, CHELMSFORD3
£1,55004/240.82 miDorset Avenue, CHELMSFORD3
£2,30002/240.84 mi-3
£1,69510/230.89 miNoakes Avenue, Chelmsford, Essex, CM23
£1,29504/250.92 mi-3
£1,80011/240.92 mi-3
£1,65004/240.94 mi-3
£1,55012/240.98 miMeadgate Avenue, Chelmsford3
£1,55003/241.05 miGerard Gardens, Great Baddow3
£2,10001/251.08 mi-3
£1,85004/241.1 miStorms Way, Chelmsford, CM2 6NU3
£1,85004/241.11 mi-3
£1,89504/241.16 miGoodwin Close, CHELMSFORD3
£1,55001/251.18 mi-3
£1,80002/251.2 mi-3

Local Area Statistics

Population in CM2

58,244

Population in Chelmsford

174,693

Town centre distance

2.43 miles away

Nearest school

0.10 miles away

Nearest train station

2.28 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £425,000

September 25, 2024

Sold for £275,000

2016

Floor Plans

Description

  • Modern Throughout +
  • Garage +
  • Three Bedrooms +
  • Maintained Garden +
  • Downstairs Shower Room +
  • Open Plan Lounge/Diner +
  • Heavily Extended +
  • Fitted Kitchen +
  • Re Wired +
  • Planning Permission Granted +

Situated in a desirable residential area, this charming 3-bedroom house offers both comfort and convenience. The property features a thoughtfully designed open-plan lounge and diner, creating a spacious and versatile living area perfect for modern family life. Large windows allow natural light to flood the space, enhancing the welcoming ambiance. The well-appointed kitchen is equipped with ample storage and modern appliances, making it a functional and attractive hub for culinary activities.

Downstairs, the property benefits from a convenient shower room, adding to the overall practicality of the home. The three bedrooms are located on the upper floor, each providing a cosy and private space. The master bedroom is particularly spacious, while the additional bedrooms are perfect for children, guests, or a home office.

The exterior of the house includes a well-maintained garden, ideal for outdoor activities, relaxation, and entertaining. There is also a garage and off-street parking available, adding to the convenience for residents.

Local amenities are easily accessible from the property. The nearby town centre offers a variety of shops, cafes, and restaurants, catering to all daily needs and leisure activities. For families, there are several reputable schools in the area, providing excellent educational opportunities for children of all ages.

Commuters will appreciate the proximity to the local station, which is just a short distance away, offering regular train services to London and other major destinations. To experience this delightful property in person, please book a viewing today.

Planning permission granted for an additional bedroom

Agent Details

haart, Chelmsford

01245 945473

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪