3 Bed Terraced House, Single Let, Chelmsford, CM2 7QA, £325,000

289 Baddow Road, Chelmsford, Essex, CM2 7QA - 4 views - 6 months ago

BTL
ROI: 3%
82 m²
+6 photos

ValuationUndervalued

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

 

 

Square Metres

81.70 m²
Price/m²£4K/m²

Value Estimate

£355,051
BMV9%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£14,700

Total Cash In

£95,950

 

 

Cash Out

 

Rent Range

£1,550 - £2,300

Rent Estimate

£1,550

Running Costs/mo

£1,346

Cashflow/mo

£204

Cashflow/yr

£2,453

ROI

3%

Gross Yield

6%

Local Sold Prices

51 sold prices from £230K to £750K, average is £387.5K. £2.6K/m² to £6.9K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£525K12/200.05 mi12, Beehive Lane, Chelmsford, Essex CM2 9SX3
£305K05/210.12 mi48, Whitehouse Crescent, Chelmsford, Essex CM2 7LW3
£387.5K09/210.12 mi318, Baddow Road, Chelmsford, Essex CM2 9QX3
£350K03/210.12 mi276, Baddow Road, Chelmsford, Essex CM2 9QX3
£390K02/230.12 mi48, Whitehouse Crescent, Chelmsford, Essex CM2 7LW3
£300K03/230.12 mi50, Whitehouse Crescent, Chelmsford, Essex CM2 7LW3
£390K04/230.14 mi33, Harberd Tye, Chelmsford, Essex CM2 9GH3
£302.5K01/210.16 mi319, Meadgate Avenue, Chelmsford, Essex CM2 7NL3
£290K10/210.16 mi343, Meadgate Avenue, Chelmsford, Essex CM2 7NL3
£325K12/200.18 mi1, Spring Pond Close, Chelmsford, Essex CM2 7LX3
£400K02/230.19 mi15, Canford Close, Chelmsford, Essex CM2 9RG3
£350K01/210.19 mi175, Baddow Road, Chelmsford, Essex CM2 7PZ3
£305K09/210.22 mi208, Meadgate Avenue, Chelmsford, Essex CM2 7LL3
£624K04/230.22 mi210, Baddow Road, Chelmsford, Essex CM2 9QR3
£495K12/220.23 mi18, Chelmerton Avenue, Chelmsford, Essex CM2 9RE3
£450K03/230.25 mi36, Beehive Lane, Chelmsford, Essex CM2 9TJ3
£312.5K02/210.25 mi24, Loftin Way, Chelmsford, Essex CM2 9TN3
£310K09/210.26 mi35, Meadgate Avenue, Chelmsford, Essex CM2 7NF3
£397.5K05/230.27 mi33, Loftin Way, Chelmsford, Essex CM2 9TP3
£390K04/210.27 mi2, Chilton Close, Chelmsford, Essex CM2 9TU3
£300K01/210.27 mi38, Loftin Way, Chelmsford, Essex CM2 9TW3
£367K06/210.28 mi23, Meadgate Avenue, Chelmsford, Essex CM2 7ND3
£500K12/210.29 mi35, Wallace Crescent, Chelmsford, Essex CM2 9QL3
£335K12/200.29 mi280, Meadgate Avenue, Chelmsford, Essex CM2 7LN3
£390K12/200.29 mi6, Wallace Crescent, Chelmsford, Essex CM2 9QL3
£750K11/210.29 mi26, Chelmerton Avenue, Chelmsford, Essex CM2 9RF3
£550K08/210.29 mi45, Chelmerton Avenue, Chelmsford, Essex CM2 9RF3
£475K09/210.31 mi9, Longfield Road, Chelmsford, Essex CM2 7QH3
£480K01/210.32 mi8, Dorset Avenue, Chelmsford, Essex CM2 9TZ3
£320K04/210.32 mi12, Longmore Avenue, Chelmsford, Essex CM2 7NT3
£345K03/210.32 mi139, Baddow Road, Chelmsford, Essex CM2 7PY3
£442.5K03/210.33 mi48, Beehive Lane, Chelmsford, Essex CM2 9RP3
£500K01/230.33 mi5, Langdale Gardens, Chelmsford, Essex CM2 9QH3
£465K04/210.35 mi4, Longmead Avenue, Great Baddow, Chelmsford, Essex CM2 7EE3
£465K04/210.35 mi4, Longmead Avenue, Great Baddow, Chelmsford, Essex CM2 7EE3
£450K06/210.36 mi8, Oldbury Avenue, Chelmsford, Essex CM2 7EB3
£230K02/210.38 mi39, Dorset Avenue, Chelmsford, Essex CM2 9UA3
£387.5K12/220.39 mi181, Gloucester Avenue, Chelmsford, Essex CM2 9DX3
£360K09/210.4 mi243, Gloucester Avenue, Chelmsford, Essex CM2 9DX3
£365K12/220.4 mi189, Gloucester Avenue, Chelmsford, Essex CM2 9DX3
£380K05/230.4 mi183, Gloucester Avenue, Chelmsford, Essex CM2 9DX3
£415K12/210.4 mi24, Van Diemans Road, Chelmsford, Essex CM2 9QQ3
£410K12/200.41 mi1, Amcotes Place, Chelmsford, Essex CM2 9HZ3
£357.5K12/200.41 mi39, Ash Grove, Chelmsford, Essex CM2 9JT3
£315K03/210.41 mi16, Lucas Avenue, Chelmsford, Essex CM2 9JJ3
£375K07/230.42 mi27, Sawkins Gardens, Chelmsford, Essex CM2 9SD3
£315K02/210.44 mi33, Lucas Avenue, Chelmsford, Essex CM2 9JL3
£325K06/210.44 mi39, Lucas Avenue, Chelmsford, Essex CM2 9JL3
£410K06/210.45 mi26, Linden Close, Chelmsford, Essex CM2 9JQ3
£450K12/200.45 mi2, Waltham Glen, Chelmsford, Essex CM2 9EL3
£285K12/200.45 mi16, Waltham Glen, Chelmsford, Essex CM2 9EL3

Local Rents

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

RentDateDistanceAddressBeds 
£1,55003/240.08 miGerard Gardens, Great Baddow3
£1,89504/240.14 miGoodwin Close, CHELMSFORD3
£1,55001/250.16 mi-3
£1,55012/240.2 miMeadgate Avenue, Chelmsford3
£2,30002/240.24 mi-3
£2,10001/250.28 mi-3
£1,65004/240.28 mi-3
£1,70003/250.3 mi-3
£1,85003/250.37 mi-3
£1,55004/240.38 miDorset Avenue, CHELMSFORD3
£1,65003/250.42 mi-3
£1,80011/240.43 mi-3
£1,80002/250.44 mi-3
£1,65005/240.45 miWaltham Glen, Chelmsford, Essex, CM2 9EL3
£1,89703/240.47 miWharf Road, Chelmsford, Essex, CM23
£1,88204/240.47 miWharf Road, Chelmsford, Essex, CM23
£2,12003/240.47 miWharf Road, One Canalside, Chelmsford, CM23
£2,22004/240.47 miWharf Road, Chelmsford, Essex, CM23
£1,79504/240.49 miWhitethorn Gardens, Chelmsford, Essex, CM23
£1,69504/240.54 miRose Glen, Chelmsford, Essex, CM23
£1,75004/240.6 miSt Johns Road, Chelmsford, CM23

Local Area Statistics

Population in CM2

58,244

Population in Chelmsford

174,693

Town centre distance

1.43 miles away

Nearest school

0.30 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 £325,000

October 16, 2024

Sold for £185,000

2008

Sold for £70,000

1998

Floor Plans

Description

  • Three bedrooms +
  • End of terrace house +
  • Spacious living area +
  • Good size rear garden +
  • Off-street parking +
  • Sought after location +

This charming end of terrace house offers a perfect blend of comfort and style. Boasting three generously sized bedrooms, this property is ideal for families or professionals looking for a spacious living space. The rear garden provides a tranquil escape from the hustle and bustle of city life, perfect for relaxing or entertaining guests. The convenience of off-street parking for two vehicles adds to the appeal of this property, ensuring you always have a secure place to park.

With its prime location near local amenities, schools, and transport links, this property offers both convenience and comfort. Don't miss out on the opportunity to make this lovely house your new home. Contact us today to arrange a viewing.

Agent Details

Beresfords, Chelmsford

01245 945593

Next Steps?

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