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

120 Upper Bridge Road, Chelmsford, Essex, CM2 0BA - 4 views - 6 months ago

BTL

65 m²

+1 photos

ValuationUndervalued

Sold Prices	£260K - £507K
Sold Prices/m²	£4K/m² - £6.5K/m²

Square Metres	65 m²
Price/m²	£4.6K/m²
Value Estimate	£311,458£311,458
BMV	4%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£75,000£75,000
Stamp Duty & Legal Fees	£12,700£12,700
Total Cash In	£87,700£87,700

Cash Out
Rent Range	£1,075 - £1,600£1,075 - £1,600
Rent Estimate	£1,180
Running Costs/mo	£1,194£1,194
Cashflow/mo	£-13£-13
Cashflow/yr	£-162£-162
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £260K to £507K, average is £340K. £4K/m² to £6.5K/m², average is £4.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£335K	02/23	0 mi	170, Upper Bridge Road, Chelmsford, Essex CM2 0BB	-	-	2	Semi-Detached House
£345K	01/21	0 mi	148, Upper Bridge Road, Chelmsford, Essex CM2 0BB	£4,929	70	2	Terraced House
£320K	11/20	0.08 mi	12, Belle Vue, Chelmsford, Essex CM2 0BD	£4,748	67	2	Terraced House
£310K	05/21	0.09 mi	89, Bradford Street, Chelmsford, Essex CM2 0BG	£4,306	72	2	Terraced House
£410K	02/23	0.13 mi	81, Lower Anchor Street, Chelmsford, Essex CM2 0AU	£5,630	73	2	Terraced House
£340K	03/21	0.14 mi	134, Upper Bridge Road, Chelmsford, Essex CM2 0BA	£5,296	64	2	Terraced House
£330K	04/21	0.14 mi	104, Upper Bridge Road, Chelmsford, Essex CM2 0BA	£4,648	71	2	Terraced House
£329K	03/21	0.14 mi	6, Upper Bridge Road, Chelmsford, Essex CM2 0RT	£5,141	64	2	Semi-Detached House
£350K	01/21	0.14 mi	93, Upper Bridge Road, Chelmsford, Essex CM2 0BA	£4,094	86	2	Semi-Detached House
£265K	06/21	0.14 mi	124, Upper Bridge Road, Chelmsford, Essex CM2 0BA	£4,015	66	2	Terraced House
£273K	10/20	0.17 mi	119, Upper Bridge Road, Chelmsford, Essex CM2 0BA	£4,200	65	2	Terraced House
£320K	11/21	0.19 mi	53, Baker Street, Chelmsford, Essex CM2 0SA	£4,324	74	2	Terraced House
£330K	02/21	0.19 mi	4, Seymour Street, Chelmsford, Essex CM2 0RX	£5,690	58	2	Terraced House
£325K	03/21	0.23 mi	17, New Writtle Street, Chelmsford, Essex CM2 0RR	£4,577	71	2	Terraced House
£330K	06/21	0.23 mi	16, New Writtle Street, Chelmsford, Essex CM2 0RR	£4,583	72	2	Terraced House
£357K	12/20	0.25 mi	29, Marlborough Road, Chelmsford, Essex CM2 0JR	£4,890	73	2	Terraced House
£425K	12/22	0.29 mi	14, Anchor Street, Chelmsford, Essex CM2 0JY	£6,538	65	2	Terraced House
£318K	09/21	0.29 mi	10, Anchor Street, Chelmsford, Essex CM2 0JY	£5,213	61	2	Terraced House
£392K	12/20	0.32 mi	9, Nursery Road, Chelmsford, Essex CM2 9PJ	£4,962	79	2	Terraced House
£360K	05/21	0.33 mi	86, Waterhouse Street, Chelmsford, Essex CM1 2TZ	£4,615	78	2	Semi-Detached House
£350K	01/21	0.33 mi	73, Waterhouse Street, Chelmsford, Essex CM1 2TZ	£5,000	70	2	Semi-Detached House
£395K	12/20	0.34 mi	15, Nursery Road, Chelmsford, Essex CM2 9PL	£5,082	78	2	Terraced House
£312.5K	02/21	0.37 mi	148, Moulsham Street, Chelmsford, Essex CM2 0LD	£5,120	61	2	Semi-Detached House
£312.5K	02/21	0.37 mi	148, Moulsham Street, Chelmsford, Essex CM2 0LD	£5,120	61	2	Semi-Detached House
£375K	11/20	0.38 mi	46, Vicarage Road, Chelmsford, Essex CM2 9PQ	£4,213	89	2	Terraced House
£280K	04/23	0.39 mi	49, Waterhouse Lane, Chelmsford, Essex CM1 2TE	£4,372	64	2	Terraced House
£285K	11/21	0.39 mi	6, Vicarage Road, Chelmsford, Essex CM2 9PG	£5,182	55	2	Terraced House
£380K	06/21	0.4 mi	15, Hamlet Road, Chelmsford, Essex CM2 0EU	£5,429	70	2	Terraced House
£340K	12/22	0.41 mi	13, Waterhouse Lane, Chelmsford, Essex CM1 2TE	£4,789	71	2	Semi-Detached House
£300K	11/20	0.44 mi	120, Redmayne Drive, Chelmsford, Essex CM2 9XE	£5,342	56	2	Semi-Detached House
£340K	05/21	0.45 mi	35, Redmayne Drive, Chelmsford, Essex CM2 9XG	£6,071	56	2	Terraced House
£350K	06/21	0.46 mi	14, Grove Road, Chelmsford, Essex CM2 0EY	£4,667	75	2	Terraced House
£275K	11/21	0.5 mi	48, Roman Road, Chelmsford, Essex CM2 0HB	£4,762	58	2	Terraced House
£460K	08/21	0.51 mi	119, Mildmay Road, Chelmsford, Essex CM2 0DS	£4,792	96	2	Semi-Detached House
£419K	02/21	0.51 mi	93, Mildmay Road, Chelmsford, Essex CM2 0DS	£4,505	93	2	Terraced House
£271K	07/23	0.51 mi	56, Savernake Road, Chelmsford, Essex CM1 2TJ	£4,322	63	2	Semi-Detached House
£340K	12/22	0.56 mi	25, Stansted Close, Chelmsford, Essex CM1 2TW	£5,231	65	2	Semi-Detached House
£420K	12/22	0.57 mi	27, Lady Lane, Chelmsford, Essex CM2 0TG	£5,833	72	2	Terraced House
£375K	07/23	0.58 mi	11, Parker Road, Chelmsford, Essex CM2 0ES	£5,137	73	2	Terraced House
£507K	11/20	0.61 mi	74, Manor Road, Chelmsford, Essex CM2 0ER	£4,297	118	2	Terraced House
£260K	01/21	0.64 mi	132, Forest Drive, Chelmsford, Essex CM1 2TT	£4,000	65	2	Semi-Detached House
£265K	04/21	0.64 mi	63, Forest Drive, Chelmsford, Essex CM1 2TT	-	-	2	Terraced House
£380K	03/23	0.65 mi	63, South Primrose Hill, Chelmsford, Essex CM1 2RF	£4,935	77	2	Terraced House
£450K	01/23	0.65 mi	85, South Primrose Hill, Chelmsford, Essex CM1 2RF	£4,121	109	2	Terraced House
£355K	02/21	0.65 mi	51, South Primrose Hill, Chelmsford, Essex CM1 2RF	£4,494	79	2	Terraced House
£430K	03/23	0.65 mi	39, South Primrose Hill, Chelmsford, Essex CM1 2RF	£5,972	72	2	Terraced House
£405K	02/23	0.66 mi	81, South Primrose Hill, Chelmsford, Essex CM1 2RF	-	-	2	Semi-Detached House
£362.5K	05/21	0.66 mi	23, Goldlay Road, Chelmsford, Essex CM2 0EJ	£5,292	69	2	Terraced House
£280K	03/21	0.66 mi	42, South Primrose Hill, Chelmsford, Essex CM1 2RG	£4,456	63	2	Terraced House
£320K	10/20	0.66 mi	34, South Primrose Hill, Chelmsford, Essex CM1 2RG	£4,507	71	2	Terraced House

Local Rents

50 rents from £1.1K/mo to £1.6K/mo, average is £1.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,350	03/24	0 mi	Upperbridge Road, Old Moulsham, Chelmsford, CM2	2	Terraced House
£1,400	03/24	0 mi	Upperbridge Road, Old Moulsham, Chelmsford, CM2	2	Terraced House
£1,350	01/25	0.06 mi	-	2	Flat
£1,400	04/24	0.06 mi	Upper Bridge Road, Chelmsford	2	Terraced House
£1,400	04/24	0.06 mi	Upper Bridge Road, Chelmsford	2	Terraced House
£1,200	03/24	0.07 mi	Parkinson Drive, CM1	2	Flat
£1,175	03/24	0.07 mi	Parkinson Drive, CHELMSFORD	2	Flat
£1,300	04/24	0.07 mi	Parkinson Drive, Chelmsford	2	Flat
£1,200	05/24	0.07 mi	Parkinson Drive, CHELMSFORD	2	Flat
£1,200	04/24	0.09 mi	Haig Court, CHELMSFORD	2	Flat
£1,150	04/24	0.09 mi	Haig Court, Chelmsford, CM2	2	Flat
£1,250	01/25	0.09 mi	-	2	Flat
£1,200	03/24	0.09 mi	Parkinson Drive, Chelmsford, CM1 3GW	2	Flat
£1,300	03/24	0.12 mi	Upper Bridge Road, Chelmsford, CM2	2	Flat
£1,300	03/24	0.12 mi	-	2	Flat
£1,300	04/24	0.13 mi	Upper Bridge Road, Chelmsford	2	Flat
£1,195	04/24	0.13 mi	Lower Anchor Street, Old Moulsham	2	Flat
£1,600	04/24	0.14 mi	Upper Bridge Road, Old Moulsham, Chelmsford, CM2 0BA	2	Terraced House
£1,450	04/24	0.14 mi	Upper Bridge Road, Old Moulsham, Chelmsford, CM2 0BA	2	Terraced House
£1,350	03/24	0.14 mi	Lower Anchor Street, Chelmsford, CM2	2	Terraced House
£1,350	03/24	0.14 mi	Lower Anchor Street, Chelmsford, CM2	2	Terraced House
£1,250	04/24	0.14 mi	Rookes Crescent, Chelmsford, Essex, CM1	2	Flat
£1,250	04/24	0.15 mi	Rookes Crescent, Chelmsford	2	Flat
£1,300	05/24	0.15 mi	Rookes Crescent, Chelmsford	2	Flat
£1,300	05/24	0.15 mi	Bradford Street, Chelmsford	2	Flat
£1,350	04/24	0.16 mi	Falcons Mead, CITY CENTRE, Chelmsford, CM2 0NN	2	Flat
£1,075	03/25	0.2 mi	-	2	Flat
£1,200	03/24	0.2 mi	Parkinson Drive, Chelmsford	2	Flat
£1,300	03/25	0.21 mi	-	2	Flat
£1,300	04/24	0.21 mi	Crompton Street, Chelmsford, CM1	2	Flat
£1,350	04/24	0.21 mi	Crompton Street, Chelmsford	2	Flat
£1,200	04/24	0.22 mi	Evelyn Place, CM1	2	Flat
£1,300	03/25	0.22 mi	-	2	Flat
£1,400	04/24	0.22 mi	New Writtle Street, Chelmsford, CM2	2	Flat
£1,350	05/24	0.22 mi	New Writtle Street, Chelmsford, CM2	2	Flat
£1,400	12/24	0.22 mi	-	2	Flat
£1,500	12/24	0.23 mi	Wolseley Road, Chelmsford, Essex, CM2	2	Terraced House
£1,350	04/24	0.23 mi	New Writtle Street, Chelmsford, CM2 0RR	2	Flat
£1,250	03/24	0.23 mi	New Writtle Street, Chelmsford, CM2	2	Flat
£1,250	04/24	0.23 mi	New Writtle Street, Chelmsford, CM2	2	Flat
£1,250	02/24	0.23 mi	-	2	Flat
£1,375	03/24	0.26 mi	Redcliffe Road, Old Moulsham, Chelmsford, CM2	2	Terraced House
£1,200	05/24	0.26 mi	Stapleford Close, Chelmsford, CM2	2	Flat
£1,200	12/24	0.26 mi	Stapleford Close, Chelmsford, CM2	2	Flat
£1,500	04/24	0.26 mi	Crompton Street, Chelmsford, CM1	2	Terraced House
£1,400	04/24	0.26 mi	Crompton Street, Chelmsford	2	Terraced House
£1,300	04/24	0.27 mi	Anchor Street, Chelmsford, CM2	2	Terraced House
£1,395	04/24	0.29 mi	Anchor Street, CHELMSFORD	2	House
£1,250	03/24	0.29 mi	Moulsham Street, Chelmsford	2	Flat
£1,250	04/24	0.29 mi	Moulsham Street, Chelmsford	2	Flat

Local Area Statistics

Population in CM2	58,24458,244
Population in Chelmsford	174,693174,693
Town centre distance	0.62 miles away0.62 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.60 miles away0.60 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+23%+23%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+15%+15%

Property History

Listed for £300,000

October 17, 2024

Sold for £205,000

2015

Floor Plans

Description

Two double bedrooms +
Period terraced house +
Modern kitchen and bathroom +
Permit parking +
Close to Chelmsford city centre and mainline station +
Ideal investment opportunity +

Presenting this charming period terraced house, located a stone's throw away from Chelmsford city centre an mainline railway station. This delightful property, presented to a good standard throughout, boasts two well-proportioned bedrooms, ideal for a small family or professionals seeking a comfortable living space.

Internally, to the ground floor, there are two reception rooms and a modern kitchen and to the first floor there are two double bedrooms with a modern bathroom off one of the bedrooms.

The house features a lovely garden, perfect for outdoor relaxation and entertaining guests. Residents can enjoy the convenience of resident permit parking, ensuring hassle-free access to their home.

Situated in a desirable location, this property offers easy access to local amenities, schools, and transport links, making it an ideal choice for those looking for a convenient and comfortable lifestyle. Don't miss the opportunity to make this charming period terraced house your new home!