2 Bed Terraced House, Single Let, Chelmsford, CM2 0HB, £300,000

49 Roman Road, Chelmsford, Essex, CM2 0HB - 7 months ago

Sold STC
BTL
61 m²
+8 photos

ValuationOvervalued

Sold Prices£257K - £507K
Sold Prices/m²£3.1K/m² - £7.4K/m²

 

 

Square Metres

61 m²
Price/m²£4.9K/m²

Value Estimate

£290,608

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£14,700

Total Cash In

£89,700

 

 

Cash Out

 

Rent Range

£950 - £3,150

Rent Estimate

£1,100

Running Costs/mo

£1,178

Cashflow/mo

£-77

Cashflow/yr

£-930

Gross Yield

4%

Local Sold Prices

50 sold prices from £257K to £507K, average is £330K. £3.1K/m² to £7.4K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£275K11/210 mi48, Roman Road, Chelmsford, Essex CM2 0HB2
£350K06/210.05 mi14, Grove Road, Chelmsford, Essex CM2 0EY2
£375K07/230.11 mi11, Parker Road, Chelmsford, Essex CM2 0ES2
£460K08/210.13 mi119, Mildmay Road, Chelmsford, Essex CM2 0DS2
£419K02/210.13 mi93, Mildmay Road, Chelmsford, Essex CM2 0DS2
£380K06/210.13 mi15, Hamlet Road, Chelmsford, Essex CM2 0EU2
£312.5K02/210.13 mi148, Moulsham Street, Chelmsford, Essex CM2 0LD2
£312.5K02/210.13 mi148, Moulsham Street, Chelmsford, Essex CM2 0LD2
£507K11/200.14 mi74, Manor Road, Chelmsford, Essex CM2 0ER2
£362.5K05/210.16 mi23, Goldlay Road, Chelmsford, Essex CM2 0EJ2
£420K12/220.19 mi27, Lady Lane, Chelmsford, Essex CM2 0TG2
£425K12/220.22 mi14, Anchor Street, Chelmsford, Essex CM2 0JY2
£318K09/210.22 mi10, Anchor Street, Chelmsford, Essex CM2 0JY2
£285K11/210.26 mi6, Vicarage Road, Chelmsford, Essex CM2 9PG2
£395K12/200.26 mi15, Nursery Road, Chelmsford, Essex CM2 9PL2
£392K12/200.27 mi9, Nursery Road, Chelmsford, Essex CM2 9PJ2
£375K11/200.3 mi46, Vicarage Road, Chelmsford, Essex CM2 9PQ2
£357K12/200.32 mi29, Marlborough Road, Chelmsford, Essex CM2 0JR2
£330K06/210.34 mi16, New Writtle Street, Chelmsford, Essex CM2 0RR2
£325K03/210.35 mi17, New Writtle Street, Chelmsford, Essex CM2 0RR2
£320K11/210.35 mi53, Baker Street, Chelmsford, Essex CM2 0SA2
£410K02/230.38 mi81, Lower Anchor Street, Chelmsford, Essex CM2 0AU2
£310K05/210.42 mi89, Bradford Street, Chelmsford, Essex CM2 0BG2
£329K03/210.42 mi6, Upper Bridge Road, Chelmsford, Essex CM2 0RT2
£330K02/210.43 mi4, Seymour Street, Chelmsford, Essex CM2 0RX2
£325K12/220.43 mi20, Amcotes Place, Chelmsford, Essex CM2 9HZ2
£315.5K08/210.5 mi34, Navigation Road, Chelmsford, Essex CM2 6HD2
£335K02/230.5 mi170, Upper Bridge Road, Chelmsford, Essex CM2 0BB2
£345K01/210.5 mi148, Upper Bridge Road, Chelmsford, Essex CM2 0BB2
£330K08/210.51 mi22, Wallace Crescent, Chelmsford, Essex CM2 9QL2
£335K01/210.53 mi19, Fraser Close, Chelmsford, Essex CM2 0TD2
£320K11/200.54 mi12, Belle Vue, Chelmsford, Essex CM2 0BD2
£300K04/210.55 mi12, Hill Road, Chelmsford, Essex CM2 6HW2
£367K09/210.55 mi13, Hill Road, Chelmsford, Essex CM2 6HW2
£340K03/210.58 mi134, Upper Bridge Road, Chelmsford, Essex CM2 0BA2
£330K04/210.58 mi104, Upper Bridge Road, Chelmsford, Essex CM2 0BA2
£350K01/210.58 mi93, Upper Bridge Road, Chelmsford, Essex CM2 0BA2
£265K06/210.58 mi124, Upper Bridge Road, Chelmsford, Essex CM2 0BA2
£273K10/200.61 mi119, Upper Bridge Road, Chelmsford, Essex CM2 0BA2
£291K07/210.61 mi175, Springfield Road, Chelmsford, Essex CM2 6JP2
£260K06/210.62 mi233, Baddow Road, Chelmsford, Essex CM2 7PZ2
£302K10/210.63 mi17, Townfield Street, Chelmsford, Essex CM1 1QJ2
£257K06/230.64 mi5, Townfield Street, Chelmsford, Essex CM1 1QJ2
£285K06/230.64 mi26, Townfield Street, Chelmsford, Essex CM1 1QL2
£362.5K08/230.66 mi268, Baddow Road, Chelmsford, Essex CM2 9QX2
£332.5K09/210.72 mi2, Marconi Road, Chelmsford, Essex CM1 1QB2
£430K07/230.75 mi32, Bishop Road, Chelmsford, Essex CM1 1PX2
£321K12/200.75 mi247, Baddow Road, Chelmsford, Essex CM2 7QA2
£325K04/210.75 mi245, Baddow Road, Chelmsford, Essex CM2 7QA2
£305K03/210.75 mi243, Baddow Road, Chelmsford, Essex CM2 7QA2

Local Rents

50 rents from £950/mo to £3.1K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,49504/240 miRoman Road, Old Moulsham, CM22
£1,39002/250 mi-2
£1,30004/240.03 miOrchard Street, Chelmsford, CM22
£1,20003/250.04 mi-2
£1,20003/250.06 mi-2
£1,30003/240.06 miMildmay Road, Chelmsford, CM22
£1,15004/240.06 miMildmay Road, Old Moulsham, Chelmsford, Essex, CM2 0DZ2
£1,55012/240.07 miMoulsham Street, Chelmsford2
£99503/240.07 miMoulsham Street, Old Moulsham2
£1,37505/240.07 mi-2
£1,10003/240.08 miMoulsham Street, Chelmsford, CM22
£1,40005/240.09 miMildmay Road, Chelmsford2
£3,10003/240.12 mi-2
£3,10003/240.12 mi-2
£3,10003/250.12 mi-2
£3,15004/250.12 mi-2
£2,20004/240.12 mi-2
£95003/240.13 miBaddow Road, CM22
£1,36503/240.14 miCarlton House, Chelmsford2
£1,35004/240.17 miMoulsham Street, Chelmsford2
£1,50004/240.19 mi-2
£1,70005/240.19 mi-2
£1,50004/240.19 miNew London Road, Chelmsford, CM22
£1,70004/240.19 miNew London Road, Chelmsford, CM22
£1,45003/240.19 miGemini House, 90 New London Road, Chelmsford, CM22
£1,45004/240.19 miCanside, Chelmsford, CM12
£1,30004/240.2 miCounty Place, Chelmsford, CM22
£1,55004/240.2 miCounty Place, CHELMSFORD2
£1,30003/250.21 mi-2
£1,25003/240.21 miParkway House2
£1,25004/240.22 miAnchor Street, Chelmsford, CM2 0JY2
£1,39504/240.22 miAnchor Street, CHELMSFORD2
£1,10004/240.22 miParkway House, 49 Baddow Road, CM22
£1,30004/240.24 miAnchor Street, Chelmsford, CM22
£1,25004/240.25 miKing George Court, Old Moulsham2
£1,40003/240.26 miLynmouth Avenue, Chelmsford2
£1,20005/240.26 miStapleford Close, Chelmsford, CM22
£1,20012/240.26 miStapleford Close, Chelmsford, CM22
£1,60004/240.27 miNursery Road, Chelmsford 2
£1,35012/240.29 mi-2
£1,25003/240.29 miBurwood Court, Goldlay Avenue2
£1,37503/240.29 miRedcliffe Road, Old Moulsham, Chelmsford, CM22
£1,30004/240.32 miRosebery House, Springfield Road, Chelmsford, CM2 6ZP2
£1,40003/240.34 mi-2
£1,40003/240.34 miBond Street, Chelmsford, CM12
£1,25003/240.34 miNew Writtle Street, Chelmsford, CM22
£1,25004/240.34 miNew Writtle Street, Chelmsford, CM22
£1,40004/240.35 miNew Writtle Street, Chelmsford, CM22
£1,35005/240.35 miNew Writtle Street, Chelmsford, CM22
£1,35004/240.35 miNew Writtle Street, Chelmsford, CM2 0RR2

Local Area Statistics

Population in CM2

58,244

Population in Chelmsford

174,693

Town centre distance

0.68 miles away

Nearest school

0.20 miles away

Nearest train station

0.55 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Price changed to £300,000

January 3, 2025

Listed for £325,000

September 30, 2024

Sold for £149,940

2002

Sold for £94,000

2002

Floor Plans

Description

  • Close to City centre +
  • Two bedrooms +
  • Ideal for commuter +
  • Rear garden +

Ideally located for the commuter is this two-bedroom mid-terrace home located 0.7 miles walking distance to Chelmsford Station (reference google maps). Being an ideal first time purchase the property consists of a lounge with separate dining area which leads through to the fitted kitchen. The kitchen in turn offers access to the rear garden. Located to the first floor are two bedrooms and the family bathroom. Externally the property has a rear garden which consists of a small patio area with the remaining laid to lawn. To appreciate this property to its full potential, we strongly recommend an early internal inspection.

Roman Road is positioned within easy access of the vibrant Chelmsford City centre offering the use of numerous bars, restaurants, shops and local amenities. Chelmsford station offers mainline rail links to London Liverpool Street. Driving wise Chelmsford offers excellent road links to A12, M25 and A130.

Agents note: There is a right of way across the rear of this property.

Agent Details

Abbotts, Chelmsford

01245 945062

Next Steps?

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