3 Bed Semi-Detached House, Single Let, Chelmsford, CM1 7HB, £425,000

34 Broomhall Road, Chelmsford, Essex, CM1 7HB - 4 views - 5 months ago

BTL
~93 m²
+10 photos

ValuationOvervalued

Sold Prices£315K - £560K
Sold Prices/m²£3.3K/m² - £6.5K/m²

 

 

Square Metres

~93 m²
Price/m²£4.6K/m²

Value Estimate

£405,190

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£22,700

Total Cash In

£128,950

 

 

Cash Out

 

Rent Range

£1,600 - £4,650

Rent Estimate

£1,700

Running Costs/mo

£1,688

Cashflow/mo

£12

Cashflow/yr

£143

ROI

0%

Gross Yield

5%

Local Sold Prices

24 sold prices from £315K to £560K, average is £357.5K. £3.3K/m² to £6.5K/m², average is £4.4K/m².

PriceDateDistanceAddressBeds 
£415K04/230.01 mi23a, Broomhall Road, Chelmsford, Essex CM1 7HB3
£320K12/200.05 mi10, Broomhall Close, Chelmsford, Essex CM1 7HD3
£360K11/200.08 mi407, Main Road, Broomfield, Chelmsford, Essex CM1 7EJ3
£340K02/230.14 mi70, Church Avenue, Broomfield, Chelmsford, Essex CM1 7HA3
£520K02/210.14 mi3, Butlers Close, Chelmsford, Essex CM1 7BE3
£346.5K11/200.2 mi35, Nash Drive, Broomfield, Chelmsford, Essex CM1 7BG3
£380K11/200.2 mi21, Nash Drive, Broomfield, Chelmsford, Essex CM1 7BG3
£315K12/200.21 mi10, Nash Drive, Broomfield, Chelmsford, Essex CM1 7BG3
£320K10/200.22 mi15, Constance Close, Broomfield, Chelmsford, Essex CM1 7BW3
£380K06/210.22 mi2, Constance Close, Broomfield, Chelmsford, Essex CM1 7BW3
£350K12/200.25 mi95, Glebe Crescent, Broomfield, Chelmsford, Essex CM1 7BH3
£400K02/210.26 mi56, Glebe Crescent, Broomfield, Chelmsford, Essex CM1 7BJ3
£350K02/210.26 mi22, Glebe Crescent, Broomfield, Chelmsford, Essex CM1 7BJ3
£430K09/210.37 mi39, Mill Lane, Broomfield, Chelmsford, Essex CM1 7BQ3
£315K02/210.46 mi4, Longshots Close, Chelmsford, Essex CM1 7DX3
£540K02/230.51 mi6, St Marys Mead, Broomfield, Chelmsford, Essex CM1 7ZT3
£560K06/210.53 mi90, School Lane, Broomfield, Chelmsford, Essex CM1 7DS3
£460K12/220.86 mi46, Berwick Avenue, Chelmsford, Essex CM1 4AS3
£355K06/210.92 mi67, Main Road, Broomfield, Chelmsford, Essex CM1 7BU3
£400K06/210.92 mi71a, Main Road, Broomfield, Chelmsford, Essex CM1 7BU3
£380K12/200.92 mi9, Hearsall Avenue, Chelmsford, Essex CM1 7DD3
£325K12/200.98 mi24, Coombe Rise, Chelmsford, Essex CM1 7DG3
£335K12/200.99 mi34, Coombe Rise, Broomfield, Chelmsford, Essex CM1 7DG3
£318K02/230.99 mi13, Woodhall Road, Chelmsford, Essex CM1 4AE3

Local Rents

17 rents from £1.6K/mo to £4.7K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,75002/250.04 mi-3
£1,75004/240.22 mi-3
£1,70003/240.22 miBroomfield, Essex, CM13
£1,75004/240.22 miBroomfield, Essex, CM13
£1,75005/240.22 miBroomfield, Essex, CM13
£1,60012/240.58 miBlasford Hill, Little Waltham3
£1,85002/250.65 mi-3
£4,65001/250.99 mi-3
£2,35001/241.06 mi-3
£2,35012/241.06 miRoyal Birkdale Gardens, Little Waltham, CHELMSFORD3
£2,05012/241.14 mi-3
£1,70004/241.16 mi-3
£1,75003/241.16 miDarrell Close, Chelmsford, CM13
£1,80005/241.17 miDarrell Close, Chelmsford3
£1,95003/241.17 miQuilp Drive, Chelmsford3
£2,35012/241.19 miBelfry Crescent, Little Waltham3
£2,15004/241.24 miSamuel Parish Link, Springfield, Chelmsford, Essex, CM13

Local Area Statistics

Population in CM1

62,617

Population in Chelmsford

174,693

Town centre distance

2.28 miles away

Nearest school

0.20 miles away

Nearest train station

2.34 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £425,000

November 11, 2024

Sold for £189,000

2006

Floor Plans

Description

  • Three Bedrooms +
  • Semi - Detached House +
  • Off Road Parking +
  • Double Garage +
  • Front & Rear Gardens +
  • Spacious Plot +
  • Kitchen / Breakfast Room +
  • Living Room +
  • Porch +
  • Shower Room +

Situated within close proximity to Chelmsford's city centre and mainline train station is this well presented three bedroom semi detached home. The property sits on a spacious plot and offers bright and airy accommodation over two levels. The ground floor accommodation comprises entrance porch, living room and kitchen / breakfast room. To the first floor are three bedrooms and a family bathroom. Externally the property enjoys front and rear gardens, off road parking for multiple vehicles and the added benefit of a double garage with light and power connected. The property is located just over 2.5 miles from Chelmsford's city centre and mainline train station with direct links to London Liverpool Street within approximately 35 minutes. Chelmsford City centre boasts a wide array of shopping facilities including two shopping precincts and the popular Bond Street with John Lewis store, leisure facilities including Riverside ice and leisure centre, County Cricket Ground and there are a large selection of restaurants and bars. The A12 and A414 are within close proximity and provide access to the M25 and M11. The property is ideally located for well-regarded local schooling including ;Broomfield primary school,Chelmer Valley High School, St John Payne secondary school and top performing grammar schools KEGS and CCHS. Broomfield hospital is also located within 0.6 miles walking distance from the property.

Agent Details

Balch Estate Agents, Chelmsford

01245 945488

Next Steps?

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