3 Bed Detached House, Planning Permission, Chelmsford, CM1 6PJ, £425,000

Bouchers Mead, Chelmsford, CM1 6PJ - 3 views - 5 months ago

Sold STC
Planning
~93 m²
+12 photos

ValuationOvervalued

Sold Prices£285K - £505K
Sold Prices/m²£3.4K/m² - £6.2K/m²

 

 

Square Metres

~93 m²
Price/m²£4.6K/m²

Value Estimate

£413,333

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£24,700

Total Cash In

£130,950

 

 

Cash Out

 

Rent Range

£1,350 - £2,300

Rent Estimate

£1,375

Running Costs/mo

£1,623

Cashflow/mo

£-248

Cashflow/yr

£-2,977

Gross Yield

4%

Local Sold Prices

50 sold prices from £285K to £505K, average is £361.3K. £3.4K/m² to £6.2K/m², average is £4.4K/m².

PriceDateDistanceAddressBeds 
£415K01/230.08 mi19, Rubens Gate, Chelmsford, Essex CM1 6GW3
£348K01/210.09 mi23, Rubens Gate, Chelmsford, Essex CM1 6GW3
£415K03/210.09 mi61, Rubens Gate, Chelmsford, Essex CM1 6GW3
£370K06/210.12 mi13, Mimosa Close, Chelmsford, Essex CM1 6NW3
£310K12/200.14 mi19, Petunia Crescent, Chelmsford, Essex CM1 6YP3
£310K12/200.15 mi19, Petunia Crescent, Chelmsford, Essex CM1 6YP3
£345K06/210.15 mi39, Petunia Crescent, Chelmsford, Essex CM1 6YP3
£365K11/200.15 mi95, Beardsley Drive, Chelmsford, Essex CM1 6GJ3
£337.1K02/210.16 mi103, Petunia Crescent, Chelmsford, Essex CM1 6YR3
£372K03/230.16 mi73, Petunia Crescent, Chelmsford, Essex CM1 6YR3
£440K03/230.16 mi13, Jacaranda Close, Chelmsford, Essex CM1 6NN3
£415K12/220.16 mi11, Jacaranda Close, Chelmsford, Essex CM1 6NN3
£410K08/210.18 mi20, Rembrandt Grove, Chelmsford, Essex CM1 6GH3
£320K04/210.2 mi22, Lily Close, Chelmsford, Essex CM1 6YN3
£320K04/210.2 mi51, Candytuft Road, Chelmsford, Essex CM1 6YS3
£333K01/210.2 mi21, Candytuft Road, Chelmsford, Essex CM1 6YS3
£330K06/230.2 mi27, Candytuft Road, Springfield, Chelmsford, Essex CM1 6YS3
£342K06/210.2 mi57, Candytuft Road, Chelmsford, Essex CM1 6YS3
£365K11/210.2 mi57, Daffodil Way, Chelmsford, Essex CM1 6XE3
£323K09/210.21 mi37, Daffodil Way, Chelmsford, Essex CM1 6XB3
£286K05/210.24 mi83, Lupin Drive, Chelmsford, Essex CM1 6YJ3
£300K02/210.25 mi20, Primula Way, Chelmsford, Essex CM1 6QT3
£338K02/230.25 mi21, Marigold Close, Chelmsford, Essex CM1 6XU3
£307.5K12/200.25 mi20, Candytuft Road, Chelmsford, Essex CM1 6YS3
£345K04/210.25 mi60, Bonington Chase, Chelmsford, Essex CM1 6GB3
£365K03/230.25 mi21, Daffodil Way, Chelmsford, Essex CM1 6XB3
£370K06/230.26 mi3, Bluebell Green, Chelmsford, Essex CM1 6XF3
£505K05/230.28 mi13, Burnell Gate, Chelmsford, Essex CM1 6ED3
£310K02/230.28 mi50, Violet Close, Chelmsford, Essex CM1 6XG3
£307K02/210.28 mi18, Tulip Close, Chelmsford, Essex CM1 6XA3
£425K12/220.29 mi17, Cornflower Drive, Chelmsford, Essex CM1 6XY3
£285K06/210.31 mi1, Heather Court, Chelmsford, Essex CM1 6YQ3
£360K03/230.31 mi1, Iris Close, Chelmsford, Essex CM1 6XS3
£310K02/210.31 mi13, Iris Close, Chelmsford, Essex CM1 6XS3
£362.5K06/210.33 mi21, Forefield Green, Chelmsford, Essex CM1 6YU3
£320K09/210.33 mi2, Lavender Court, Chelmsford, Essex CM1 6YH3
£460K12/220.34 mi56, Sidmouth Road, Chelmsford, Essex CM1 6LS3
£380K04/230.34 mi27, Harness Close, Chelmsford, Essex CM1 6UU3
£450K06/230.37 mi47, Paddock Drive, Chelmsford, Essex CM1 6UX3
£290K05/230.37 miAspen, Crocus Way, Chelmsford, Essex CM1 6XJ3
£370K05/230.37 mi79, Crocus Way, Chelmsford, Essex CM1 6XJ3
£310K12/200.38 mi9, Jasmine Close, Chelmsford, Essex CM1 6XL3
£368K02/210.39 mi59, Carriage Drive, Chelmsford, Essex CM1 6UY3
£370K06/230.4 mi35, Havengore, Chelmsford, Essex CM1 6JP3
£365K03/210.4 mi26, Havengore, Chelmsford, Essex CM1 6JR3
£305K11/200.4 mi34, Havengore, Chelmsford, Essex CM1 6JR3
£370K06/210.4 mi14, Rushleydale, Chelmsford, Essex CM1 6JX3
£389.8K05/230.41 mi30, Stablecroft, Chelmsford, Essex CM1 6YX3
£422K12/200.41 mi23, Croft Court, Chelmsford, Essex CM1 6UQ3
£380K03/210.43 mi75, Albemarle Link, Springfield, Chelmsford, Essex CM1 6AH3

Local Rents

27 rents from £1.4K/mo to £2.3K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,69504/240.12 miVermeer Ride, CM13
£1,80003/250.12 mi-3
£1,55003/240.13 miPetunia Crescent, Chelmsford, Essex3
£1,40004/240.16 miPetunia Crescent, Chelmsford, CM13
£1,60005/240.22 mi-3
£1,60004/240.22 miDaffodil Way, Chelmsford, CM13
£1,70012/240.24 miLupin Drive, Chelmsford3
£1,70003/250.24 mi-3
£1,35003/240.25 miMarigold Close, Chelmsford, Essex, CM13
£1,65004/240.25 mi-3
£1,60004/240.25 miFoxglove Way, Chelmsford, Essex, CM13
£1,50003/240.25 miBonington Chase, Chelmsford, CM13
£1,62503/250.26 mi-3
£1,50011/230.3 miViolet Close, Chelmsford3
£1,55002/250.31 mi-3
£1,65005/240.33 miHyacinth Court, Chelmsford3
£1,80004/240.33 miPaddock Drive3
£1,75004/250.35 mi-3
£1,65001/250.36 mi-3
£1,72504/240.37 miMayne Crest, Chelmsford3
£1,75004/240.48 miBarn Green, Chelmsford, Essex, CM13
£1,65004/240.48 miBarn Green, Springfield, Chelmsford, CM1 6UG3
£2,30005/240.52 miWilliam Porter Close, Chelmsford, Essex3
£2,10002/240.55 mi-3
£1,80004/240.56 miDownsway, Chelmsford, CM13
£1,80004/240.56 mi-3
£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

1.91 miles away

Nearest school

0.10 miles away

Nearest train station

1.84 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Price changed to £425,000

December 26, 2024

Listed for £450,000

November 25, 2024

Sold for £89,000

1999

Floor Plans

Description

  • No Onward Chain +
  • Three Spacious Bedrooms +
  • Detached Family Home +
  • Off-Street Parking & Garage +
  • Two Reception Rooms +
  • South Facing Rear Garden +
  • Close to New Beaulieu Park Station +
  • Potential to Extend & Development (STPP) +

Welcome to Bouchers Mead, Springfield - a delightful 3-bedroom detached home with exciting potential. Situated in a sought-after area, this property offers a fantastic opportunity to create your dream home, whether through extending or developing (subject to planning permissions).

The property boasts a welcoming layout, starting with a bright entrance hallway leading to the spacious living area. A conservatory at the rear fills the space with natural light and provides a peaceful spot to relax while overlooking the south-facing garden - a true suntrap, perfect for outdoor gatherings or gardening enthusiasts.

The kitchen is well-proportioned and provides access to both the garden and the integral garage, offering practical storage and utility options. Upstairs, the home features two double bedrooms with an additional single room and a family bathroom, making it an ideal choice for growing families or those looking to downsize.

One of the key benefits of this property is its location. Nestled in a quiet residential area, it's conveniently close to Beaulieu Park train station, providing excellent transport links to London and beyond. With reputable schools, local amenities, and green spaces nearby, Springfield remains a popular choice for homeowners.

Another major advantage is the no onward chain, simplifying the buying process and allowing for a quicker move. 

PORCH  

RECEPTION ROOM 12' 10" x 7' 10" (3.91m x 2.39m)  

KITCHEN 12' 10" x 6' 11" (3.91m x 2.11m)  

LIVING ROOM 10' 8" x 15' (3.25m x 4.57m)  

CONSERVATORY 7' 8" x 11' 6" (2.34m x 3.51m)  

BEDROOM 1 7' 5" x 5' 11" (2.26m x 1.8m)  

MASTER BEDROOM 12' 2" x 11' 8" (3.71m x 3.56m)  

BEDROOM 2 11' 4" x 9' 5" (3.45m x 2.87m)  

BATHROOM 6' 5" x 5' 11" (1.96m x 1.8m)  

GARAGE 16' 9" x 7' 6" (5.11m x 2.29m)

Agent Details

Martin & Co, Chelmsford

01245 945730

Next Steps?

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