4 Bed Detached House, Planning Permission, Chelmsford, CM1 6FY, £675,000

Lupin Mews, Chelmsford, CM1 6FY - 3 views - 3 months ago

Planning
~129 m²
+24 photos

ValuationOvervalued

Sold Prices£316.5K - £935K
Sold Prices/m²£2.9K/m² - £8.8K/m²

 

 

Square Metres

~129.26 m²
Price/m²£5.2K/m²

Value Estimate

£564,257

 

 

End Value (After Refurb)

£542,654

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£168,750

Stamp Duty & Legal Fees

£42,700

Refurb Costs

£62,822

Bridging Loan Interest

£17,719

Total Cash In

£293,741

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£542,654

Mortgage (After Refinance)

£406,991

Mortgage LTV

75%

Cash Left In

£293,741

Equity

£135,664

Rent Range

£1,350 - £3,500

Rent Estimate

£1,813

Running Costs/mo

£2,078

Cashflow/mo

£-265

Cashflow/yr

£-3,185

Gross Yield

3%

Local Sold Prices

50 sold prices from £316.5K to £935K, average is £519K. £2.9K/m² to £8.8K/m², average is £4.4K/m².

PriceDateDistanceAddressBeds 
£316.5K03/210.08 mi79, Lupin Drive, Chelmsford, Essex CM1 6YJ4
£520K12/200.14 mi47, Bonington Chase, Chelmsford, Essex CM1 6GG4
£357.5K09/210.15 mi20, Cornflower Drive, Chelmsford, Essex CM1 6XY4
£417.5K05/230.19 mi2, Canvey Walk, Chelmsford, Essex CM1 6LB4
£377K01/230.26 mi10, Osea Way, Chelmsford, Essex CM1 6JT4
£445K06/210.27 mi15, Jacaranda Close, Chelmsford, Essex CM1 6NN4
£525K02/210.28 mi59, Sidmouth Road, Chelmsford, Essex CM1 6LS4
£500K01/210.28 mi93, Oak Lodge Tye, Springfield, Chelmsford, Essex CM1 6GZ4
£410K10/210.29 mi16, Great Cob, Chelmsford, Essex CM1 6LA4
£365K01/210.32 mi10, Wallasea Gardens, Chelmsford, Essex CM1 6JZ4
£625K05/210.34 mi142, Falmouth Road, Chelmsford, Essex CM1 6JB4
£413.5K11/200.34 mi26, Hunters Way, Chelmsford, Essex CM1 6FL4
£388K11/200.35 mi7, Daffodil Way, Chelmsford, Essex CM1 6XB4
£454K03/210.35 mi5, Daffodil Way, Chelmsford, Essex CM1 6XB4
£505K04/230.36 mi41, Martingale Drive, Chelmsford, Essex CM1 6FN4
£665K03/230.39 mi1, Totnes Walk, Chelmsford, Essex CM1 6LU4
£810K09/210.43 mi439, Springfield Road, Chelmsford, Essex CM2 6AP4
£422.5K02/210.45 mi31, Harness Close, Chelmsford, Essex CM1 6UU4
£439K02/210.46 mi34, Forefield Green, Chelmsford, Essex CM1 6YU4
£583K02/210.47 mi10, Louvain Drive, Springfield, Chelmsford, Essex CM1 6BA4
£700K03/230.47 mi19, Louvain Drive, Springfield, Chelmsford, Essex CM1 6BA4
£935K12/220.48 mi3, Multon Lea, Chelmsford, Essex CM1 6EF4
£410K01/210.49 mi40, Carriage Drive, Chelmsford, Essex CM1 6UY4
£625K12/200.49 mi4, Beauchamps Close, Chelmsford, Essex CM1 6ZP4
£545K11/210.51 mi80, Bodmin Road, Chelmsford, Essex CM1 6LL4
£565K09/210.51 mi2, Goldenacres, Chelmsford, Essex CM1 6YT4
£485K05/210.51 mi4, Goldenacres, Chelmsford, Essex CM1 6YT4
£490K09/210.51 mi1, North Dell, Chelmsford, Essex CM1 6UP4
£550K05/230.53 mi42, Wharton Drive, Springfield, Chelmsford, Essex CM1 6BF4
£459K12/200.55 mi385, Springfield Road, Chelmsford, Essex CM2 6AW4
£715K01/230.56 mi12, Albemarle Link, Springfield, Chelmsford, Essex CM1 6AG4
£476K03/210.56 mi8, Albemarle Link, Springfield, Chelmsford, Essex CM1 6AG4
£540K06/210.57 mi24, Fleetwood Square, Springfield, Chelmsford, Essex CM1 6AQ4
£615K03/210.58 mi43, Albemarle Link, Springfield, Chelmsford, Essex CM1 6AH4
£405K01/210.58 mi30, Downsway, Chelmsford, Essex CM1 6TU4
£518K02/210.59 mi65, Torquay Road, Chelmsford, Essex CM1 7NX4
£600K11/210.6 mi55, Lawn Lane, Chelmsford, Essex CM1 6PS4
£580K03/210.64 mi6, Old School Field, Chelmsford, Essex CM1 7HU4
£726K12/220.66 mi22, Lawn Lane, Chelmsford, Essex CM1 6NR4
£550K04/210.66 mi18, Anvil Way, Springfield, Chelmsford, Essex CM1 6SZ4
£515K09/210.66 mi32, Braganza Way, Springfield, Chelmsford, Essex CM1 6AP4
£550K05/210.66 mi18, William Porter Close, Chelmsford, Essex CM1 6AN4
£840K01/210.67 mi47, Church Lane, Springfield, Chelmsford, Essex CM1 7SQ4
£537.5K11/200.67 mi9, Lawn Lane, Chelmsford, Essex CM1 6NP4
£537.5K11/200.68 mi9, Lawn Lane, Chelmsford, Essex CM1 6NP4
£646K02/210.68 mi9, Cuton Grove, Springfield, Chelmsford, Essex CM2 6TA4
£510K03/230.68 mi4, Murrell Lock, Chelmsford, Essex CM2 6SW4
£586K02/210.69 mi26, Ratcliffe Gate, Springfield, Chelmsford, Essex CM1 6AL4
£470K04/210.71 mi14, Sutton Mead, Chelmsford, Essex CM2 6QB4
£465K04/230.74 mi22, Aldeburgh Way, Chelmsford, Essex CM1 7PD4

Local Rents

43 rents from £1.4K/mo to £3.5K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,70012/240.08 miLupin Drive, Chelmsford3
£1,55003/240.09 miPetunia Crescent, Chelmsford, Essex3
£1,40004/240.1 miPetunia Crescent, Chelmsford, CM13
£1,35003/240.11 miMarigold Close, Chelmsford, Essex, CM13
£1,75003/240.16 miBouchers Mead, Chelmsford4
£1,70003/250.19 mi-3
£1,90003/240.19 miPetunia Crescent,CM1 6YR4
£1,80003/240.19 miPetunia Crescent, Springfield4
£1,80004/240.19 miPetunia Crescent, Springfield4
£1,50003/240.19 miBonington Chase, Chelmsford, CM13
£1,55002/250.2 mi-3
£1,80003/250.2 mi-3
£1,65004/240.2 mi-3
£1,60004/240.2 miFoxglove Way, Chelmsford, Essex, CM13
£1,65001/250.23 mi-3
£1,95004/240.26 miGreat Cob, Chelmsford, CM14
£1,95004/240.26 mi-4
£1,69504/240.26 miVermeer Ride, CM13
£1,60005/240.31 mi-3
£1,60004/240.31 miDaffodil Way, Chelmsford, CM13
£1,62503/250.32 mi-3
£1,72504/240.34 miMayne Crest, Chelmsford3
£1,50011/230.35 miViolet Close, Chelmsford3
£2,20004/240.38 miTotnes Walk, Old Springfield, Chelmsford, CM15
£1,65005/240.38 miHyacinth Court, Chelmsford3
£2,60004/240.4 miBurnell Gate, Beaulieu Park, Chelmsford, CM15
£1,80004/240.44 miPaddock Drive3
£1,60004/240.46 miTavistock Road, Springfield, Chelmsford, CM1 6JL3
£2,75005/240.47 miClunford Place, Springfield, Chelmsford, Essex, CM14
£3,50012/240.48 mi-5
£1,80004/240.52 miPeel Road4
£2,59504/240.52 miBillers Chase, Springfield, CHELMSFORD5
£1,80004/240.52 miDownsway, Chelmsford, CM13
£1,80004/240.52 mi-3
£1,50004/240.52 miExeter Road, CM13
£1,45002/240.53 mi-3
£1,70004/240.53 miSpringfield Road4
£1,60005/240.55 mi-3
£2,20003/240.57 miAlbemarle Link, Beaulieu Park, Chelmsford, CM14
£1,95004/240.57 miBeaulieu Park, Chelmsford4
£1,50003/240.58 miDownsway, Chelmsford, Essex, CM13
£1,75004/240.59 miBarn Green, Chelmsford, Essex, CM13
£1,65004/240.59 miBarn Green, Springfield, Chelmsford, CM1 6UG3

Local Area Statistics

Population in CM1

62,617

Population in Chelmsford

174,693

Town centre distance

1.78 miles away

Nearest school

0.10 miles away

Nearest train station

1.71 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £675,000

January 19, 2025

Floor Plans

Description

  • 16th Century +
  • Period Property +
  • Many Period Features +
  • 1/4 Acre Plot (approx) +
  • FOUR Bedrooms +
  • Two Bathrooms +
  • Three Reception Rooms +
  • Cottage Style Kitchen +
  • Possible Building Plot +

FOUR BEDROOM DETACHED PERIOD COTTAGE DATING BACK TO THE 16TH CENTURY. THREE LARGE RECEPTION ROOMS- DELIGHTFUL COTTAGE KITCHEN. 1/4 ACRE PLOT- POSSIBILTY TO BUILD ANOTHER DETACHED PROPERTY OR ANNEX IN THE GROUNDS (SUBJECT TO PLANNING)

Nestled in the heart of North Springfield- Chelmsford- this enchanting Grade II Listed detached period cottage dates back approximately to the 16th century. Set on a 1/4 acre plot (subject to land survey)- the property exudes historical charm with its wealth of period features- including exposed timbers and brick fireplaces.

Upon entering- you are greeted by a superb hallway with a cosy fireplace. The cottage-style kitchen boasts an Aga-style range cooker- perfect for culinary enthusiasts. The separate dining room features an attractive fireplace- while the sitting room offers dual aspect windows- flooding the space with natural light. There is also a further family/play room- a ground floor shower room- and a utility room complete the ground floor.

The first floor comprises four spacious bedrooms- a separate WC- and a separate shower room. The property also includes a detached gym/office- landscaped gardens- and ample parking. Planning permission was granted approximately 13 years ago for a part single- part two-storey rear extension (Ref: 12/01353/FUL). There is also the possibility to build a detached property or annex in the front garden- subject to planning permission.

Easy walking distance to the new Beaulieu Park railway station- plus situated approximately just 2.5 miles from the Chelmsford main line railway station- the property offers convenient access to London Liverpool Street. Chelmsford provides a range of amenities- including shops- restaurants- theatres- and highly regarded schools such as New Hall- Chelmsford County High School- and King Edward VI Grammar School.
.
Entrance Hall
Living/Dining room 25' x 15'
G/Floor Bath/Shower Room
Kitchen/Breakfast room 15'10 x 9'7
Utility Room8' x 4'
Further Sitting/Play Room 13' x 10'9
Stairs to First Floor
Main Bedroom 15' x 11'2
Bedroom Two 15' x 9'
Bedroom Three 10' x 8'
Bedroom Four 10' x 6'
Shower Room
Separate WC
Period Property
1/4 Acre Plot (approx)
Garage
Possible Building Plot For House/Annex
.
Council Tax Band: E
.
EPC: E     (April 2022)

Agent Details

Beaulieu Estates Limited, Chelmsford

01245 945856

Next Steps?

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