4 Bed House, Single Let, Chelmsford, CM1 7RD, £400,000

Perry Hill, Chelmsford, CM1 7RD - 5 months ago

Sold STC
BTL
~129 m²
+13 photos

ValuationUndervalued

Sold Prices£365K - £1.2M
Sold Prices/m²£2.9K/m² - £8.8K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3.1K/m²

Value Estimate

£480,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£20,700

Total Cash In

£120,700

 

 

Cash Out

 

Rent Range

£1,400 - £4,000

Rent Estimate

£1,400

Running Costs/mo

£1,550

Cashflow/mo

£-150

Cashflow/yr

£-1,800

Gross Yield

4%

Local Sold Prices

50 sold prices from £365K to £1.2M, average is £587.5K. £2.9K/m² to £8.8K/m², average is £5K/m².

PriceDateDistanceAddressBeds 
£510K04/230 mi27, Perry Hill, Chelmsford, Essex CM1 7RD4
£442.5K02/210.1 mi8, Parklands Drive, Chelmsford, Essex CM1 7RJ4
£800K03/210.28 miThe Hutch, New Court Road, Chelmsford, Essex CM2 6BZ4
£910K11/200.28 mi6, New Court Road, Chelmsford, Essex CM2 6BZ4
£595K12/200.28 mi22, Sandford Road, Chelmsford, Essex CM2 6DQ4
£673K09/210.32 mi22, Redgates Place, Chelmsford, Essex CM2 6BG4
£1.2M07/230.33 miTudor Rose, Stump Lane, Chelmsford, Essex CM1 7SJ4
£570K08/230.34 mi26, Weight Road, Chelmsford, Essex CM2 6LE4
£780K02/210.35 mi30, Sandford Road, Chelmsford, Essex CM2 6DQ4
£890K12/220.35 mi5, Oaklea Avenue, Chelmsford, Essex CM2 6BY4
£567K12/200.37 mi5, Seven Ash Green, Chelmsford, Essex CM1 7SE4
£840K01/210.42 mi47, Church Lane, Springfield, Chelmsford, Essex CM1 7SQ4
£465K04/230.43 mi22, Aldeburgh Way, Chelmsford, Essex CM1 7PD4
£515K11/200.44 mi17, Bishop Road, Chelmsford, Essex CM1 1PX4
£580K03/210.48 mi6, Old School Field, Chelmsford, Essex CM1 7HU4
£726K12/220.49 mi22, Lawn Lane, Chelmsford, Essex CM1 6NR4
£795K12/220.56 mi99, Humber Road, Chelmsford, Essex CM1 7PG4
£537.5K11/200.57 mi9, Lawn Lane, Chelmsford, Essex CM1 6NP4
£537.5K11/200.57 mi9, Lawn Lane, Chelmsford, Essex CM1 6NP4
£545K11/210.59 mi80, Bodmin Road, Chelmsford, Essex CM1 6LL4
£785K11/210.6 mi119, Humber Road, Chelmsford, Essex CM1 7PG4
£565K05/230.6 mi6, Byron Road, Chelmsford, Essex CM2 6EP4
£459K12/200.6 mi385, Springfield Road, Chelmsford, Essex CM2 6AW4
£518K02/210.63 mi65, Torquay Road, Chelmsford, Essex CM1 7NX4
£726.5K01/210.72 mi10, First Avenue, Chelmsford, Essex CM1 1RU4
£515K06/210.72 mi31, Stanley Rise, Springfield, Chelmsford, Essex CM2 6PJ4
£625K05/210.73 mi142, Falmouth Road, Chelmsford, Essex CM1 6JB4
£675K01/230.74 mi52, Second Avenue, Chelmsford, Essex CM1 4EU4
£810K09/210.75 mi439, Springfield Road, Chelmsford, Essex CM2 6AP4
£462.8K03/210.77 mi13, Greenwood Close, Chelmsford, Essex CM2 6PW4
£740K03/210.78 mi4, Westfield Avenue, Chelmsford, Essex CM1 1SF4
£845K01/210.78 mi15, Westfield Avenue, Chelmsford, Essex CM1 1SF4
£740K03/210.78 mi4, Westfield Avenue, Chelmsford, Essex CM1 1SF4
£600K11/210.78 mi55, Lawn Lane, Chelmsford, Essex CM1 6PS4
£410K10/210.78 mi16, Great Cob, Chelmsford, Essex CM1 6LA4
£365K01/210.79 mi10, Wallasea Gardens, Chelmsford, Essex CM1 6JZ4
£520K12/200.79 mi108, Beeleigh Link, Chelmsford, Essex CM2 6RG4
£820K12/220.79 mi16, Westfield Avenue, Chelmsford, Essex CM1 1SF4
£610K04/230.82 mi13, Dolby Rise, Chelmsford, Essex CM2 6XQ4
£475K11/200.83 mi13, Fawkner Close, Chelmsford, Essex CM2 6UP4
£543K01/230.83 mi24, Fawkner Close, Chelmsford, Essex CM2 6UP4
£665K03/230.84 mi1, Totnes Walk, Chelmsford, Essex CM1 6LU4
£595K03/210.85 mi118, Pollards Green, Chelmsford, Essex CM2 6UL4
£491.8K01/210.87 mi2, Manor Road, Chelmsford, Essex CM2 0ER4
£606K06/210.87 mi51, Fifth Avenue, Chelmsford, Essex CM1 4HB4
£766K03/230.87 mi68, Mildmay Road, Chelmsford, Essex CM2 0DZ4
£450K02/230.87 mi77, Manor Road, Chelmsford, Essex CM2 0ER4
£377K01/230.87 mi10, Osea Way, Chelmsford, Essex CM1 6JT4
£417.5K05/230.88 mi2, Canvey Walk, Chelmsford, Essex CM1 6LB4
£463K04/210.91 mi26, Cartwright Walk, Chelmsford, Essex CM2 6UJ4

Local Rents

50 rents from £1.4K/mo to £4K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,80004/240.03 mi-4
£3,65003/240.07 mi-5
£3,65004/240.08 miArbour Lane, Old Springfield, Chelmsford5
£3,65005/240.08 miArbour Lane, Chelmsford5
£2,20004/240.18 miHill View Road, Chelmsford, Essex, CM14
£1,50003/240.18 mi-3
£1,50003/240.18 miHilary Close, Chelmsford, CM13
£1,45004/240.22 miHillary Close, Chelmsford3
£4,00003/240.23 miGreen Close, Chelmsford, Essex CM1 5
£4,00003/240.26 miGreen Close, Chelmsford, Essex, CM15
£3,30002/240.34 mi-3
£3,25003/240.34 mi-3
£3,25001/250.34 mi-3
£3,20004/250.34 mi-3
£1,75004/240.34 miMulberry Way, Chelmsford4
£3,00004/250.37 mi-3
£1,90004/240.4 miVictoria Court, New Street, CM13
£1,95004/240.43 miKingston Crescent, Chelmsford, Essex, CM23
£1,57504/240.44 miBishop Road, Chelmsford, Essex3
£1,65004/240.45 miSpringfield Park Road, CHELMSFORD3
£2,35004/250.48 mi-3
£1,60003/240.51 miRectory Lane, Chelmsford3
£1,79505/240.51 miSpringfield Park Avenue, Chelmsford3
£2,95005/240.52 mi-5
£2,69505/240.52 mi-5
£2,69505/240.52 miWharf Road, Chelmsford, CM25
£1,75004/240.52 miShelley Road, Chelmsford, CM23
£1,75004/240.52 miShelley Road, Chelmsford, CM23
£1,50004/240.52 miRectory Lane3
£1,60003/250.52 mi-3
£1,65002/250.53 mi-3
£1,50004/240.55 miExeter Road, CM13
£3,50004/250.55 mi-3
£2,35012/240.56 mi-4
£1,75003/240.57 miHenry Road, Chelmsford, CM13
£1,40004/240.57 miHenry Road, Chelmsford, CM13
£1,50004/240.57 miHenry Road, Chelmsford, CM13
£1,50004/240.57 miHenry Road, Chelmsford, CM13
£1,40005/240.57 miHenry Road, Chelmsford, CM13
£1,40005/240.57 miHenry Road, Chelmsford, CM13
£1,40012/240.57 miHenry Road, Chelmsford, CM13
£1,60004/240.58 mi-3
£1,60004/240.58 miSpringfield Park Avenue, Chelmsford, CM23
£1,79505/240.59 miSpringfield Park Road, CM24
£1,85004/240.59 miWharf Road, Chelmsford3
£1,85004/240.59 miWharf Road, Chelmsford3
£1,45002/240.6 mi-3
£2,60012/240.6 mi, Rectory Lane, Chelmsford, Essex, CM14
£1,50004/240.61 miShelley Road, Chelmsford, Essex, CM23
£1,60004/240.62 miTavistock Road, Springfield, Chelmsford, CM1 6JL3

Local Area Statistics

Population in CM1

62,617

Population in Chelmsford

174,693

Town centre distance

0.80 miles away

Nearest school

0.30 miles away

Nearest train station

0.69 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £400,000

November 18, 2024

Floor Plans

Description

  • SPACIOUS 4 BEDROOM TOWN HOUSE +
  • VACANT POSSESSION WITH NO ONWARD CHAIN +
  • FRINGE OF THE CITY CENTRE LOCATION - WALKING DISTANCE OF THE STATION +
  • DOES REQUIRE A DEGREE OF UPDATING & REDECORATION +
  • EXCELLENT POTENTIAL TO IMPROVE TO AN INDIVIDUAL BUYERS TASTES & REQUIREMENTS +
  • INTEGRAL GARAGE +
  • OFF ROAD PARKING +
  • GOOD SIZE MATURE SOUTH EASTERLY FACING GARDEN +
  • WELL WORTH AN INTERNAL VIEWING +

GUIDE PRICE £400,000 - £425,000! Offered for sale with vacant possession and no onward chain is this spacious 4 bedroom town house located on the fringe of the City centre within easy walking distance of the station. It does require a good degree of updating and redecoration but in our opinion has been priced accordingly. There is an integral garage and off road parking to the front for several vehicles and to the rear there is a mature South Easterly facing garden which is larger than a lot of town houses. An internal viewing is recommended to appreciate the full potential of this property.

Front entrance door leading to

ENTRANCE HALL
Radiator, stairs to first floor with cupboard under, doors to

CLOAKROOM
W.c, wash hand basin, radiator, window to front.

DINING ROOM 4.13m (13' 7") x 2.88m (9' 5")
Radiator, double glazed window to rear and door to garden, archway to

KITCHEN 4.08m (13' 5") x 2.15m (7' 1")
Wood trimmed kitchen units comprising one and a half bowl single drainer wink unit with mixer tap, working surfaces with cupboards and drawer units, space for cooker, washing machine and dishwasher, eye level cupboards, double glazed window to rear, door to garage. Note, it is thought that most buyers would look to refit the kitchen which then also gives the potential for the kitchen and dining area to be combined to make one larger room.

FIRST FLOOR LANDING
Stairs leading to second floor landing, door to main bedroom, double doors giving access to

LOUNGE 5.28m (17' 4") > 3.21m (10' 6") x 4.49m (14' 9")
An 'L' shaped lounge at the front of the property having a radiator, double glazed double doors and side lights giving access to a wide balcony.

BEDROOM ONE 3.40m (11' 2") x 3.20m (10' 6") CLEAR FLOOR SPACE
Radiator, built in wardrobe cupboards with top boxes over, double glazed window to rear, door to

EN-SUITE SHOWER ROOM
White suite comprising w.c with concealed cistern, vanity wash hand basin with mixer tap, storage cupboards, walk-in shower unit with fitted shower, towel warmer, part tiled walls, double glazed window to rear.

SECOND FLOOR LANDING
Radiator, access to loft space, doors to

BEDROOM FOUR 2.26m (7' 5") x 2.07m (6' 9")
Radiator, built in over stairs storage cupboard, double glazed window to front.

BEDROOM TWO 3.71m (12' 2") x 3.12m (10' 3")
Radiator, built in wardrobe cupboard, double glazed window to front.

BEDROOM THREE 3.59m (11' 9") x 3.11m (10' 2")
Radiator, built in wardrobe cupboard, double glazed window to rear.

BATHROOM
Panel enclosed bath with mixer tap and shower attachment, w.c, pedestal wash hand basin, radiator, double glazed window to rear. Note, it is thought that most buyers would look to refit the bathroom.

GARAGE 5.49m (18' 0") x 2.75m (9' 0")
Up and over door to front, light and power connected, personal door at the rear giving access into the kitchen. Note, if further ground floor accommodation is preferred, there is potential for a garage conversion which some of the other properties in the area have had carried out and would be subject to any permissions etc.

GARDENS
To the front there is a driveway in front of the garage providing off road parking and the potential for further off road parking to the side. The rear garden is South-Easterly facing, is of a good size although difficult to accurately measure as is very mature with shrubs and trees etc. There is a POND, old shed, and although is in need of cutting back, it is larger than what is normally found with newer town houses.

Please be aware that should you be successful in having an offer accepted through Adrians, we are legally required by the HMRC to conduct AML (Anti-Money Laundering) Checks for compliance efforts. For this there is a non-refundable charge of £20.00 including VAT per person which will be invoice receipted for your records.

Agent Details

Adrians, Chelmsford

01245 945751

Next Steps?

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