2 Bed Terraced House, Planning Permission, Chelmsford, CM2 0AU, £350,000

Lower Anchor Street, Chelmsford, CM2 0AU - 3 months ago

Planning
~68 m²
+16 photos

ValuationOvervalued

Sold Prices£257K - £507K
Sold Prices/m²£4K/m² - £6.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.1K/m²

Value Estimate

£330,274

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£23,700

Total Cash In

£111,200

 

 

Cash Out

 

Rent Range

£1,150 - £1,600

Rent Estimate

£1,200

Running Costs/mo

£1,354

Cashflow/mo

£-154

Cashflow/yr

£-1,845

Gross Yield

4%

Local Sold Prices

50 sold prices from £257K to £507K, average is £340K. £4K/m² to £6.5K/m², average is £4.9K/m².

PriceDateDistanceAddressBeds 
£310K05/210.04 mi89, Bradford Street, Chelmsford, Essex CM2 0BG2
£329K03/210.05 mi6, Upper Bridge Road, Chelmsford, Essex CM2 0RT2
£410K02/230.06 mi81, Lower Anchor Street, Chelmsford, Essex CM2 0AU2
£335K02/230.09 mi170, Upper Bridge Road, Chelmsford, Essex CM2 0BB2
£345K01/210.09 mi148, Upper Bridge Road, Chelmsford, Essex CM2 0BB2
£320K11/210.1 mi53, Baker Street, Chelmsford, Essex CM2 0SA2
£330K02/210.11 mi4, Seymour Street, Chelmsford, Essex CM2 0RX2
£325K03/210.14 mi17, New Writtle Street, Chelmsford, Essex CM2 0RR2
£330K06/210.14 mi16, New Writtle Street, Chelmsford, Essex CM2 0RR2
£320K11/200.17 mi12, Belle Vue, Chelmsford, Essex CM2 0BD2
£340K03/210.22 mi134, Upper Bridge Road, Chelmsford, Essex CM2 0BA2
£330K04/210.22 mi104, Upper Bridge Road, Chelmsford, Essex CM2 0BA2
£350K01/210.23 mi93, Upper Bridge Road, Chelmsford, Essex CM2 0BA2
£265K06/210.23 mi124, Upper Bridge Road, Chelmsford, Essex CM2 0BA2
£425K12/220.23 mi14, Anchor Street, Chelmsford, Essex CM2 0JY2
£318K09/210.23 mi10, Anchor Street, Chelmsford, Essex CM2 0JY2
£357K12/200.23 mi29, Marlborough Road, Chelmsford, Essex CM2 0JR2
£392K12/200.29 mi9, Nursery Road, Chelmsford, Essex CM2 9PJ2
£312.5K02/210.31 mi148, Moulsham Street, Chelmsford, Essex CM2 0LD2
£312.5K02/210.31 mi148, Moulsham Street, Chelmsford, Essex CM2 0LD2
£395K12/200.31 mi15, Nursery Road, Chelmsford, Essex CM2 9PL2
£380K06/210.35 mi15, Hamlet Road, Chelmsford, Essex CM2 0EU2
£375K11/200.37 mi46, Vicarage Road, Chelmsford, Essex CM2 9PQ2
£285K11/210.37 mi6, Vicarage Road, Chelmsford, Essex CM2 9PG2
£350K06/210.39 mi14, Grove Road, Chelmsford, Essex CM2 0EY2
£360K05/210.41 mi86, Waterhouse Street, Chelmsford, Essex CM1 2TZ2
£350K01/210.41 mi73, Waterhouse Street, Chelmsford, Essex CM1 2TZ2
£275K11/210.44 mi48, Roman Road, Chelmsford, Essex CM2 0HB2
£460K08/210.46 mi119, Mildmay Road, Chelmsford, Essex CM2 0DS2
£419K02/210.46 mi93, Mildmay Road, Chelmsford, Essex CM2 0DS2
£280K04/230.47 mi49, Waterhouse Lane, Chelmsford, Essex CM1 2TE2
£340K12/220.49 mi13, Waterhouse Lane, Chelmsford, Essex CM1 2TE2
£375K07/230.52 mi11, Parker Road, Chelmsford, Essex CM2 0ES2
£420K12/220.52 mi27, Lady Lane, Chelmsford, Essex CM2 0TG2
£300K11/200.53 mi120, Redmayne Drive, Chelmsford, Essex CM2 9XE2
£340K05/210.53 mi35, Redmayne Drive, Chelmsford, Essex CM2 9XG2
£507K11/200.55 mi74, Manor Road, Chelmsford, Essex CM2 0ER2
£271K07/230.57 mi56, Savernake Road, Chelmsford, Essex CM1 2TJ2
£362.5K05/210.59 mi23, Goldlay Road, Chelmsford, Essex CM2 0EJ2
£302K10/210.6 mi17, Townfield Street, Chelmsford, Essex CM1 1QJ2
£380K03/230.6 mi63, South Primrose Hill, Chelmsford, Essex CM1 2RF2
£450K01/230.6 mi85, South Primrose Hill, Chelmsford, Essex CM1 2RF2
£355K02/210.6 mi51, South Primrose Hill, Chelmsford, Essex CM1 2RF2
£430K03/230.6 mi39, South Primrose Hill, Chelmsford, Essex CM1 2RF2
£405K02/230.61 mi81, South Primrose Hill, Chelmsford, Essex CM1 2RF2
£257K06/230.61 mi5, Townfield Street, Chelmsford, Essex CM1 1QJ2
£280K03/210.61 mi42, South Primrose Hill, Chelmsford, Essex CM1 2RG2
£340K12/220.63 mi25, Stansted Close, Chelmsford, Essex CM1 2TW2
£325K11/200.64 mi21, Primrose Hill, Chelmsford, Essex CM1 2RH2
£325K11/200.64 mi45, Primrose Hill, Chelmsford, Essex CM1 2RH2

Local Rents

50 rents from £1.1K/mo to £1.6K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,35001/250.03 mi-2
£1,30003/240.04 mi-2
£1,30003/240.04 miUpper Bridge Road, Chelmsford, CM22
£1,30004/240.05 miUpper Bridge Road, Chelmsford2
£1,40004/240.05 miUpper Bridge Road, Chelmsford2
£1,40004/240.05 miUpper Bridge Road, Chelmsford2
£1,19504/240.07 miLower Anchor Street, Old Moulsham2
£1,35003/240.07 miLower Anchor Street, Chelmsford, CM22
£1,35003/240.07 miLower Anchor Street, Chelmsford, CM22
£1,35004/240.08 miFalcons Mead, CITY CENTRE, Chelmsford, CM2 0NN2
£1,35003/240.09 miUpperbridge Road, Old Moulsham, Chelmsford, CM22
£1,40003/240.09 miUpperbridge Road, Old Moulsham, Chelmsford, CM22
£1,25001/250.1 mi-2
£1,15004/240.1 miHaig Court, Chelmsford, CM22
£1,20004/240.1 miHaig Court, CHELMSFORD2
£1,30005/240.11 miBradford Street, Chelmsford2
£1,35004/250.13 mi-2
£1,40004/240.13 miNew Writtle Street, Chelmsford, CM22
£1,35005/240.13 miNew Writtle Street, Chelmsford, CM22
£1,35004/240.14 miNew Writtle Street, Chelmsford, CM2 0RR2
£1,50012/240.14 miWolseley Road, Chelmsford, Essex, CM22
£1,25003/240.14 miNew Writtle Street, Chelmsford, CM22
£1,25004/240.14 miNew Writtle Street, Chelmsford, CM22
£1,20003/240.15 miParkinson Drive, CM12
£1,17503/240.15 miParkinson Drive, CHELMSFORD2
£1,30004/240.15 miParkinson Drive, Chelmsford2
£1,20005/240.15 miParkinson Drive, CHELMSFORD2
£1,20003/240.17 miParkinson Drive, Chelmsford, CM1 3GW2
£1,20005/240.18 miStapleford Close, Chelmsford, CM22
£1,20012/240.18 miStapleford Close, Chelmsford, CM22
£1,30004/240.21 miAnchor Street, Chelmsford, CM22
£1,49504/240.21 miCentury Tower, Chelmsford, CM22
£1,47504/240.21 miCentury Tower, Shire Gate, Chelmsford2
£1,47504/240.21 miCentury Tower, Shire Gate, Chelmsford2
£1,49504/240.22 miEssex County Cricket Ground, Chelmsford, CM22
£1,49504/240.22 mi-2
£1,55001/250.22 mi-2
£1,50004/240.22 miCentury Tower, Shire Gate, Chelmsford2
£1,50005/240.22 miCentury Tower, Shire Gate, Chelmsford2
£1,35004/240.22 miCENTURY TOWER, Shire Gate, Chelmsford2
£1,25004/240.23 miAnchor Street, Chelmsford, CM2 0JY2
£1,60004/240.23 miUpper Bridge Road, Old Moulsham, Chelmsford, CM2 0BA2
£1,45004/240.23 miUpper Bridge Road, Old Moulsham, Chelmsford, CM2 0BA2
£1,39504/240.23 miAnchor Street, CHELMSFORD2
£1,37503/240.23 miRedcliffe Road, Old Moulsham, Chelmsford, CM22
£1,25004/240.23 miRookes Crescent, Chelmsford, Essex, CM12
£1,25004/240.24 miRookes Crescent, Chelmsford2
£1,30005/240.24 miRookes Crescent, Chelmsford2
£1,25004/240.27 miKing George Court, Old Moulsham2
£1,35012/240.28 mi-2

Local Area Statistics

Population in CM2

58,244

Population in Chelmsford

174,693

Town centre distance

0.55 miles away

Nearest school

0.10 miles away

Nearest train station

0.52 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Price changed to £350,000

February 12, 2025

Listed for £375,000

January 24, 2025

Floor Plans

Description

  • Delightful two bedroom period property, found within the heart of Chelmsford City Centre +
  • Stone's throw away from Central Park +
  • Approximately 0.5 miles to railway station +
  • Residents parking permit +
  • Attractive private South facing Courtyard style garden with rear access +
  • Welcoming lounge with feature fireplace, nice size dining room, modern kitchen and study +
  • Two well proportioned bedrooms and spacious three piece bathroom +
  • Double glazed Sash windows throughout +
  • No onward chain +

GUIDE PRICE £350,000 - £400,000
Nestled on Lower Anchor Street in the heart of Chelmsford, this charming terraced period cottage presents a wonderful opportunity for those seeking a family home rich in character. The property boasts two inviting reception rooms, including a welcoming lounge with feature fireplace that exudes warmth, perfect for relaxation and entertaining. The separate dining room provides an ideal space for family meals and gatherings. The property also has a study.

The modern, spacious kitchen is designed for practicality and ease, making it a delightful area for culinary pursuits.

As you ascend to the first floor, you will find two bedrooms, each offering a peaceful retreat at the end of the day, plus a spacious three piece bathroom. The property’s layout is thoughtfully designed to maximise space and comfort, making it an ideal choice for families or couples.

Externally, the cottage features a charming South facing courtyard-style rear garden, beautifully lined with well-stocked flower beds that add a touch of colour and vibrancy. The rear access gate provides added convenience, making it easy to enjoy the outdoors.

Situated just moments from Chelmsford City Centre, this home is perfectly positioned to take advantage of a wide array of shops, pubs, restaurants, and cinemas. Additionally, the proximity to Central Park offers a lovely green space for leisurely strolls and outdoor activities.

This delightful cottage is a true gem, combining modern living with traditional charm in a prime location. It is an opportunity not to be missed for those looking to settle in a vibrant community.

Enter the property via porch to front.
Lounge 11'4 x 10'4 overlooks the front aspect. Sash double glazed windows throughout. Stripped pine flooring. Feature ceilings throughout. Feature fireplace.
Dining room 11'4 x 10'4 Double glazed Sash window. Continuation of stripped pine flooring.
Spacious kitchen 11'8 x 6'5 offers a range of wall and base mounted units with matching storage drawers. Complimentary work surfaces housing sink drainer. Gas hob, oven and extractor hood to remain. Space for other appliances. Tiled flooring. Double glazed window.
The property also has a study 8'8 x 5'9 double glazed window to rear. Wooden style flooring.

First floor landing is home to two bedrooms and three piece spacious bathroom.
Bedroom one 10'4 x 10'1 Double glazed Sash window. Stripped pine flooring
Bedroom two 10'4 x 8'5 Double glazed Sash window. Stripped pine flooring
Large bathroom comprises obscure double glazed window. White panel bath fitted with shower, wash hand basin and low level WC. Part tiling to walls. Obscure double glazed Sash window. Wooden style flooring.

Delightful courtyard style South facing rear garden, is predominately paved with flower bed bordering. Rear access gate.

Council Tax Band C
Local Authority: Chelmsford
New fitted double glazed windows approximately 2021

Disclaimer: Council Tax is given as a guide only and should be checked and confirmed before exchange of contracts.
We endeavor to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. All verification of property details should be made by your legal representative for the purchase of the property to ensure that all information including but not limited to; Tenure, lease information, parking facilities, planning permission, and building regulations is accurate and correct.

The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as guide to prospective buyers only and are not precise.

Floorplans where included may not be to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.

Chelmsford is the perfect place for anyone who wants the best of both worlds. Hop on a train for 35 minutes and you're in Stratford or an extra 10 minutes and you're in Liverpool Street.
Visit the Historic Chelmsford Cathedral or have some quiet time in Central Park. Maybe enjoy an evening at any one of the fabulous restaurants and shops or grab some popcorn and watch a film.
Chelmsford is an ideal location for growing families, commuters, and the young at heart.

Agent Details

Colubrid, Chelmsford

01245 945929

Next Steps?

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