4 Bed Terraced House, Single Let, Chelmsford, CM1 3GS, £525,000

Parkinson Drive, Chelmsford, CM1 3GS - 5 views - 3 months ago

Sold STC
BTL
~129 m²
+19 photos

ValuationUndervalued

Sold Prices£305K - £102.5M
Sold Prices/m²£2.7K/m² - £7.9K/m²

 

 

Square Metres

~129.26 m²
Price/m²£4.1K/m²

Value Estimate

£540,965
BMV3%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£131,250

Stamp Duty & Legal Fees

£30,700

Total Cash In

£161,950

 

 

Cash Out

 

Rent Range

£1,350 - £3,200

Rent Estimate

£1,550

Running Costs/mo

£1,971

Cashflow/mo

£-421

Cashflow/yr

£-5,047

Gross Yield

4%

Local Sold Prices

50 sold prices from £305K to £102.5M, average is £500K. £2.7K/m² to £7.9K/m², average is £4.2K/m².

PriceDateDistanceAddressBeds 
£440K01/230.01 mi44, Parkinson Drive, Chelmsford, Essex CM1 3GH4
£440K04/210.02 mi77, Parkinson Drive, Chelmsford, Essex CM1 3GU4
£465K04/210.25 mi46, Writtle Road, Chelmsford, Essex CM1 3BU4
£405K11/200.28 mi3, Rossendale, Chelmsford, Essex CM1 2UA4
£430K06/210.28 mi14, Rossendale, Chelmsford, Essex CM1 2UA4
£840K08/210.31 miFoxwood, Moulsham Street, Chelmsford, Essex CM2 0JJ4
£372.5K06/230.36 mi10, Lower Anchor Street, Chelmsford, Essex CM2 0AS4
£571K12/200.38 mi115, Waterhouse Lane, Chelmsford, Essex CM1 2RY4
£450K03/210.38 mi113, Waterhouse Lane, Chelmsford, Essex CM1 2RY4
£450K04/230.38 mi22, Ashtree Crescent, Chelmsford, Essex CM1 2RP4
£535K06/210.4 mi128, Moulsham Street, Chelmsford, Essex CM2 0JW4
£770K06/230.4 mi117a, Moulsham Street, Chelmsford, Essex CM2 0JW4
£895K03/230.41 mi39, Finchley Avenue, Chelmsford, Essex CM2 9BX4
£540K12/200.41 mi37, Finchley Avenue, Chelmsford, Essex CM2 9BX4
£450K06/230.43 mi7, Priory Close, Chelmsford, Essex CM1 2SY4
£405K11/200.44 mi4, Widford Road, Chelmsford, Essex CM2 9AR4
£723K01/230.49 mi100, Vicarage Road, Chelmsford, Essex CM2 9BP4
£730K11/200.5 mi112, Vicarage Road, Chelmsford, Essex CM2 9BS4
£448.6K04/210.5 mi72, Longacre, Chelmsford, Essex CM1 3BJ4
£505K09/210.5 mi1, Longacre, Chelmsford, Essex CM1 3BJ4
£545K06/230.5 mi82, Longacre, Chelmsford, Essex CM1 3BJ4
£407K12/200.52 mi5, St Peters Road, Chelmsford, Essex CM1 2SR4
£515K03/210.53 mi28, St Catherines Road, Chelmsford, Essex CM1 2SP4
£420K11/200.55 mi2, Bruce Grove, Chelmsford, Essex CM2 9AX4
£590K07/230.57 mi138, Moulsham Drive, Chelmsford, Essex CM2 9QA4
£423K08/230.58 mi57, Coval Lane, Chelmsford, Essex CM1 1TG4
£347.5K11/200.58 mi57, Coval Lane, Chelmsford, Essex CM1 1TG4
£420K12/200.58 mi39, Hamlet Road, Chelmsford, Essex CM2 0EU4
£560K01/230.58 mi46, Hillside Grove, Chelmsford, Essex CM2 9DA4
£544K11/210.58 mi8, Hillside Grove, Chelmsford, Essex CM2 9DA4
£305K01/210.62 mi47, Wood Street, Chelmsford, Essex CM2 9BQ4
£380K04/230.62 mi47, Wood Street, Chelmsford, Essex CM2 9BQ4
£460K04/210.64 mi70, Beeches Road, Chelmsford, Essex CM1 2RX4
£715K12/200.65 mi28, St Johns Avenue, Chelmsford, Essex CM2 0UB4
£735K01/210.65 mi18, St Johns Avenue, Chelmsford, Essex CM2 0UB4
£465K03/210.66 mi150, Fortinbras Way, Chelmsford, Essex CM2 9UL4
£575K03/210.66 mi142, Fortinbras Way, Chelmsford, Essex CM2 9UL4
£102.5M04/210.7 miTilehurst, London Road, Widford, Chelmsford, Essex CM2 8TF4
£766K03/230.71 mi68, Mildmay Road, Chelmsford, Essex CM2 0DZ4
£675K02/230.72 mi86, Moulsham Drive, Chelmsford, Essex CM2 9PY4
£631K07/230.72 mi52, Moulsham Drive, Chelmsford, Essex CM2 9PY4
£450K02/230.78 mi77, Manor Road, Chelmsford, Essex CM2 0ER4
£678K01/210.78 mi30, Lady Lane, Chelmsford, Essex CM2 0TQ4
£491.8K01/210.79 mi2, Manor Road, Chelmsford, Essex CM2 0ER4
£526.5K08/210.79 mi5, Fortinbras Way, Chelmsford, Essex CM2 9JA4
£470K11/200.81 mi28, Fortinbras Way, Chelmsford, Essex CM2 9PA4
£698.5K03/210.84 mi28, Gordon Road, Chelmsford, Essex CM2 9LL4
£690K06/230.85 mi31, Lynmouth Avenue, Chelmsford, Essex CM2 0TP4
£450K04/210.9 mi2, Heath Drive, Chelmsford, Essex CM2 9HD4
£495K07/230.9 mi44, Heath Drive, Chelmsford, Essex CM2 9HD4

Local Rents

35 rents from £1.4K/mo to £3.2K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,75005/240.02 miParkinson Drive, Chelmsford, CM1 3GU3
£2,20004/240.04 miRookes Crescent, CHELMSFORD5
£1,89504/240.12 miParkinson Drive, Chelmsford4
£3,00003/250.12 mi-4
£1,65002/240.13 mi-3
£1,72503/250.13 mi-3
£1,55004/240.24 mi-3
£1,55004/240.24 miUpper Bridge Road, Chelmsford, CM23
£1,55003/250.24 mi-3
£1,85003/240.25 miWrittle Road, Chelmsford, CM13
£2,69504/240.33 miMoulsham Street, CM24
£1,69505/240.41 miRedcliffe Road, CHELMSFORD3
£1,69512/240.41 miRedcliffe Road, CHELMSFORD3
£3,00012/240.45 mi-5
£2,40004/240.46 miPrykes Drive, Chelmsford, Essex, CM14
£1,90002/240.46 mi-3
£1,55002/250.5 mi-3
£1,60009/230.5 mi-3
£3,20004/240.5 miVicarage Road, CHELMSFORD4
£1,75004/240.51 miMilburn Crescent, CHELMSFORD3
£1,75005/240.51 miMilburn Crescent, CHELMSFORD3
£1,35003/240.52 miHayes Close, Chelmsford, CM23
£1,60008/230.53 mi-3
£1,65001/240.56 mi-3
£1,65003/240.56 miMews Court, Chelmsford, CM2 9PF3
£2,00004/240.57 mi-3
£2,20003/250.57 mi-3
£2,00004/240.57 miGrace Bartlett Gardens, Chelmsford, CM23
£2,00004/240.57 miGrace Bartlett Gardens, Chelmsford, CM23
£1,80004/240.58 miCoval Lane, Chelmsford3
£1,80004/240.6 miCoval Lane3
£1,80004/240.6 mi-3
£1,80004/240.6 miCoval Lane, Chelmsford, CM13
£1,75004/240.6 miHamlet Road, Chelmsford, CM24
£1,80003/240.62 miGrove Road, Chelmsford3

Local Area Statistics

Population in CM1

62,617

Population in Chelmsford

174,693

Town centre distance

0.75 miles away

Nearest school

0.20 miles away

Nearest train station

0.76 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £525,000

December 26, 2024

Sold for £353,500

2014

Sold for £280,000

2003

Floor Plans

Description

  • Dream Family End Of Terrace House +
  • Four Double Bedrooms +
  • Three Storey House +
  • Two Ensuites Located On The Second Floor +
  • South Facing Rear Garden +
  • Private Single Garage +

This elegant three-story end of terrace house is thoughtfully designed to provide both comfort and versatility, making it an ideal home for modern family living. The property also features the convenience of a single garage, offering secure parking or additional storage space.

Upon entering the home, the ground floor sets the tone with its spacious entrance hall, providing a welcoming first impression. Leading off from the hall is a large, well-equipped kitchen, perfect for cooking, dining, and socializing. The integrated oven is a standout feature of the kitchen, seamlessly blending with the design. With its generous dimensions, the kitchen offers plenty of room for meal preparation and informal gatherings. Adjacent to the kitchen, there is a utility room, providing additional space for laundry or storage, helping to keep the main living areas clutter-free. This floor also includes a conveniently located WC, ideal for guests. The home is also equipped with a boiler system that is only two years old, ensuring reliable and efficient heating and hot water for years to come.

The first floor is dedicated to a combination of relaxation and practicality. A generously sized lounge serves as the focal point of this level, offering a comfortable and inviting space for family time or entertaining. The lounge also opens onto a charming balcony, perfect for enjoying a morning coffee or unwinding in the evening. This floor also includes two well-proportioned bedrooms, offering flexibility to be used as additional sleeping quarters, a home office, or hobby rooms. A modern bathroom on this level ensures convenience for family members or visitors.

The second floor provides a tranquil retreat, housing the primary sleeping quarters. The spacious master bedroom, with its ample proportions, offers a peaceful space to relax and unwind. An additional bedroom is also located on this floor, making it ideal for children, guests, or extended family. This level is complemented by a well-appointed shower room and a separate bathroom, catering to the needs of a busy household while ensuring privacy and convenience.

Throughout the property, the thoughtful layout emphasizes functionality and style. The arrangement of rooms across three floors maximizes space and creates an adaptable environment that can evolve with your needs. With its combination of spacious living areas, versatile bedrooms, and the added benefit of outdoor balcony space, this townhouse offers the perfect balance of modern convenience and timeless comfort.

Agent Details

haart, Chelmsford

01245 945473

Next Steps?

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