4 Bed Terraced House, Single Let, Chelmsford, CM1 3GS, £450,000

Parkinson Drive, Chelmsford, CM1 3GS - 2 views - 3 months ago

BTL
~129 m²
+10 photos

ValuationUndervalued

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

 

 

Square Metres

~129.26 m²
Price/m²£3.5K/m²

Value Estimate

£540,965
BMV8%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£28,700

Total Cash In

£141,200

 

 

Cash Out

 

Rent Range

£1,350 - £3,200

Rent Estimate

£1,550

Running Costs/mo

£1,736

Cashflow/mo

£-186

Cashflow/yr

£-2,235

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

Price changed to £450,000

March 20, 2025

Price changed to £475,000

February 20, 2025

Listed for £500,000

January 22, 2025

Floor Plans

Description

  • Perfect Family Home +
  • Four Spacious Bedrooms +
  • Ensuite To Both Master And Second Bedroom +
  • Local To Chelmsford City Centre +
  • Garage +
  • Private Balcony +
  • No Onward Chain +

This stunning and immaculately presented four-bedroom townhouse offers a rare opportunity to secure a modern and spacious home in a prime location. Thoughtfully arranged across three well-designed floors, this property has been upgraded to an exceptional standard, blending contemporary style with practical living spaces perfect for families or professionals alike.

The ground floor welcomes you with a beautifully re-fitted kitchen/breakfast room, offering a stylish and functional space ideal for cooking, dining, and entertaining. The adjoining utility room provides added practicality, keeping household tasks separate from the main living areas. A spacious lounge/dining room at the rear of the property serves as the heart of the home, offering a bright and versatile living space with direct access to the private rear garden. This seamless connection between indoor and outdoor living makes it perfect for hosting gatherings, enjoying summer evenings, or simply relaxing in the tranquil garden setting. Additionally, the convenience of a ground-floor W/C enhances the practicality of this level.

The first floor features a beautifully designed middle lounge, providing a second reception area that is perfect for relaxation or entertaining. This room also benefits from access to a charming balcony, ideal for enjoying a morning coffee or unwinding with a book. Two generously sized bedrooms on this floor provide flexibility, offering options for guest accommodation, home offices, or additional family space.

The second floor is home to the remaining two bedrooms, including a spacious principal suite with fitted wardrobes, combining practicality with luxury. The fourth bedroom, equally well-proportioned, provides comfortable accommodation for family members or guests. The property also benefits from three modern bathrooms spread across the home, ensuring convenience and comfort for a busy household.

Externally, the property’s private rear garden provides a peaceful and secure retreat, perfect for outdoor dining, gardening, or children’s play. A single garage further enhances the practicality of this home, offering additional storage or secure parking.
Located in a highly desirable area, this townhouse is within easy reach of the City Centre, offering a wealth of amenities, dining, and shopping options. For commuters, the location is ideal, with nearby rail services providing direct links to Liverpool Street. Excellent schools and recreational facilities in the surrounding area further enhance the property’s appeal, making it an excellent choice for families.

Combining exceptional design, high-quality finishes, and a prime location, this home is a true standout. The versatile layout, access to outdoor spaces, and attention to detail make it a perfect fit for modern living. Internal viewing is highly recommended to appreciate everything this property has to offer. Don’t miss the chance to make this beautifully upgraded townhouse your new home.

Agent Details

haart, Chelmsford

01245 945473

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪