4 Bed Semi-Detached House, Planning Permission, Chelmsford, CM2 9QA, £600,000

Moulsham Drive, Chelmsford, CM2 9QA - 1 views - 3 months ago

Planning
~129 m²
+16 photos

ValuationOvervalued

Sold Prices£207.5K - £895K
Sold Prices/m²£2.7K/m² - £8K/m²

 

 

Square Metres

~129.26 m²
Price/m²£4.6K/m²

Value Estimate

£540,965

 

 

End Value (After Refurb)

£635,802

Uplift in Value

+6%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£150,000

Stamp Duty & Legal Fees

£36,700

Refurb Costs

£63,200

Bridging Loan Interest

£15,750

Total Cash In

£267,400

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£635,802

Mortgage (After Refinance)

£476,851

Mortgage LTV

75%

Cash Released

£26,851

Cash Left In

£240,549

Equity

£158,950

Rent Range

£1,350 - £4,500

Rent Estimate

£2,119

Running Costs/mo

£2,431

Cashflow/mo

£-312

Cashflow/yr

£-3,740

Gross Yield

4%

Local Sold Prices

50 sold prices from £207.5K to £895K, average is £529.3K. £2.7K/m² to £8K/m², average is £4.2K/m².

PriceDateDistanceAddressBeds 
£590K07/230 mi138, Moulsham Drive, Chelmsford, Essex CM2 9QA4
£465K03/210.08 mi150, Fortinbras Way, Chelmsford, Essex CM2 9UL4
£575K03/210.08 mi142, Fortinbras Way, Chelmsford, Essex CM2 9UL4
£730K11/200.09 mi112, Vicarage Road, Chelmsford, Essex CM2 9BS4
£723K01/230.12 mi100, Vicarage Road, Chelmsford, Essex CM2 9BP4
£715K12/200.16 mi28, St Johns Avenue, Chelmsford, Essex CM2 0UB4
£735K01/210.16 mi18, St Johns Avenue, Chelmsford, Essex CM2 0UB4
£540K12/200.16 mi37, Finchley Avenue, Chelmsford, Essex CM2 9BX4
£895K03/230.17 mi39, Finchley Avenue, Chelmsford, Essex CM2 9BX4
£675K02/230.2 mi86, Moulsham Drive, Chelmsford, Essex CM2 9PY4
£631K07/230.2 mi52, Moulsham Drive, Chelmsford, Essex CM2 9PY4
£560K01/230.22 mi46, Hillside Grove, Chelmsford, Essex CM2 9DA4
£544K11/210.22 mi8, Hillside Grove, Chelmsford, Essex CM2 9DA4
£840K08/210.26 miFoxwood, Moulsham Street, Chelmsford, Essex CM2 0JJ4
£526.5K08/210.27 mi5, Fortinbras Way, Chelmsford, Essex CM2 9JA4
£535K06/210.29 mi128, Moulsham Street, Chelmsford, Essex CM2 0JW4
£770K06/230.29 mi117a, Moulsham Street, Chelmsford, Essex CM2 0JW4
£470K11/200.32 mi28, Fortinbras Way, Chelmsford, Essex CM2 9PA4
£420K11/200.37 mi2, Bruce Grove, Chelmsford, Essex CM2 9AX4
£472.5K09/210.38 mi100, Burghley Way, Chelmsford, Essex CM2 9LQ4
£450K04/230.38 mi128, Burghley Way, Chelmsford, Essex CM2 9LQ4
£207.5K01/230.38 mi32, Burghley Way, Chelmsford, Essex CM2 9LQ4
£420K12/200.4 mi39, Hamlet Road, Chelmsford, Essex CM2 0EU4
£698.5K03/210.4 mi28, Gordon Road, Chelmsford, Essex CM2 9LL4
£678K01/210.4 mi30, Lady Lane, Chelmsford, Essex CM2 0TQ4
£305K01/210.43 mi47, Wood Street, Chelmsford, Essex CM2 9BQ4
£380K04/230.43 mi47, Wood Street, Chelmsford, Essex CM2 9BQ4
£450K04/210.43 mi2, Heath Drive, Chelmsford, Essex CM2 9HD4
£495K07/230.43 mi44, Heath Drive, Chelmsford, Essex CM2 9HD4
£532K06/210.46 mi2, Amcotes Place, Chelmsford, Essex CM2 9HZ4
£480K02/210.47 mi24, Lister Tye, Chelmsford, Essex CM2 9LS4
£565K12/200.47 mi21, Lister Tye, Chelmsford, Essex CM2 9LS4
£766K03/230.48 mi68, Mildmay Road, Chelmsford, Essex CM2 0DZ4
£690K06/230.48 mi31, Lynmouth Avenue, Chelmsford, Essex CM2 0TP4
£372.5K06/230.48 mi10, Lower Anchor Street, Chelmsford, Essex CM2 0AS4
£405K11/200.49 mi4, Widford Road, Chelmsford, Essex CM2 9AR4
£450K02/230.49 mi77, Manor Road, Chelmsford, Essex CM2 0ER4
£498.5K12/200.5 mi136, Heath Drive, Chelmsford, Essex CM2 9HH4
£491.8K01/210.5 mi2, Manor Road, Chelmsford, Essex CM2 0ER4
£600K09/210.5 mi76, Waterson Vale, Chelmsford, Essex CM2 9PB4
£435K07/210.54 mi77, Heath Drive, Chelmsford, Essex CM2 9HF4
£440K01/230.56 mi44, Parkinson Drive, Chelmsford, Essex CM1 3GH4
£595K03/210.57 mi5, Van Diemans Lane, Chelmsford, Essex CM2 9QJ4
£625K08/230.58 mi5, Van Diemans Lane, Chelmsford, Essex CM2 9QJ4
£350K04/210.58 mi328, Gloucester Avenue, Chelmsford, Essex CM2 9LJ4
£440K04/210.59 mi77, Parkinson Drive, Chelmsford, Essex CM1 3GU4
£476.5K01/210.62 mi6, Gunson Gate, Chelmsford, Essex CM2 9NZ4
£740K01/210.62 mi513, Galleywood Road, Chelmsford, Essex CM2 8AA4
£430K01/210.63 mi191, Linnet Drive, Chelmsford, Essex CM2 8AH4
£325K06/210.65 mi60, Lucas Avenue, Chelmsford, Essex CM2 9JN4

Local Rents

46 rents from £1.4K/mo to £4.5K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£4,50002/240.06 mi-3
£4,50003/240.06 mi-3
£4,50004/250.06 mi-3
£3,20004/240.08 miVicarage Road, CHELMSFORD4
£2,69504/240.24 miMoulsham Street, CM24
£1,75004/240.29 miSt Johns Road, Chelmsford, CM23
£1,69505/240.33 miRedcliffe Road, CHELMSFORD3
£1,69512/240.33 miRedcliffe Road, CHELMSFORD3
£1,75005/240.33 miBouverie Road, Chelmsford, CM23
£1,75003/240.33 miBouverie Road, Chelmsford, CM23
£1,75001/250.34 mi-3
£1,75002/250.34 mi-3
£1,65003/240.35 miMews Court, Chelmsford, CM2 9PF3
£1,75004/240.39 miHamlet Road, Chelmsford, CM24
£4,50003/240.4 mi-3
£4,50002/250.4 mi-3
£1,69504/240.41 miRose Glen, Chelmsford, Essex, CM23
£1,80003/250.42 mi-3
£1,69503/240.42 miManor Road, Old Moulsham3
£1,65005/240.43 miWaltham Glen, Chelmsford, Essex, CM2 9EL3
£1,65002/240.45 mi-3
£1,72503/250.45 mi-3
£2,00004/240.45 miGrace Bartlett Gardens, Chelmsford, CM23
£2,00004/240.45 miGrace Bartlett Gardens, Chelmsford, CM23
£2,00004/240.45 mi-3
£2,20003/250.45 mi-3
£1,80003/240.48 miGrove Road, Chelmsford3
£2,30005/240.5 miLady Lane, Chelmsford, CM25
£2,20004/240.5 miWaterson Vale, Chelmsford4
£1,50002/250.52 mi-4
£1,85004/250.53 mi-3
£1,65004/240.53 miCypress Drive, Chelmsford, Essex, CM23
£1,65004/250.54 mi-3
£1,79504/240.54 miWhitethorn Gardens, Chelmsford, Essex, CM23
£1,55004/240.54 miUpper Bridge Road, Chelmsford, CM23
£1,55004/240.54 mi-3
£2,20004/240.55 miRookes Crescent, CHELMSFORD5
£1,55003/250.55 mi-3
£3,00004/250.56 mi-4
£1,89504/240.56 miParkinson Drive, Chelmsford4
£1,50010/230.57 miPlane Tree Close, Chelmsford, Essex, CM23
£1,78004/240.58 mi-3
£1,35003/240.58 miHayes Close, Chelmsford, CM23
£1,70004/250.58 mi-3
£1,75005/240.59 miParkinson Drive, Chelmsford, CM1 3GU3
£1,52502/240.59 mi-3

Local Area Statistics

Population in CM2

58,244

Population in Chelmsford

174,693

Town centre distance

1.04 miles away

Nearest school

0.20 miles away

Nearest train station

0.96 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £600,000

January 31, 2025

Floor Plans

Description

  • FOUR BEDROOMS +
  • NO ONWARD CHAIN +
  • TWO DRIVEWAYS +
  • TWO GARAGES +
  • LARGE REAR GARDEN +
  • TWO BATHROOMS +
  • 1930’s FAMILY HOME +
  • SEMI DETACHED PERIOD PROPERTY +

Charming 1930s Bay Window Semi-Detached Family Home in Old Moulsham Nestled in the sought-after area of Old Moulsham, this delightful 1930s bay window semi-detached home is brimming with character and has been lovingly maintained by the same family for 39 years. Situated just moments from excellent schools and the vibrant Moulsham Street, this property offers a perfect balance of charm, convenience, and potential. Key Features: Ground Floor: • Welcoming entrance hall • Spacious lounge • Separate dining room • Well-appointed kitchen • Ground-floor shower room • Integral garage First Floor: • Four generously sized bedrooms • Family bathroom Exterior Highlights: • Off-road parking with access to an integral garage and a side entrance • A generously sized rear garden, ideal for outdoor living • Additional detached garage and driveway accessible via St. Mildred’s Road This home offers excellent scope for further development, including the potential for a loft conversion (subject to planning permission), making it ideal for a growing family or those seeking to personalize their living space. With no onward chain, this is a fantastic opportunity to secure a home in one of Chelmsford’s most desirable locations. Don’t miss the chance to view this property and discover its charm and potential—contact us today to arrange your viewing appointment. Chelmsford city centre is easily accessible, with Chelmsford Railway Station located approximately 1.6 kilometres away, offering convenient rail connections. Families in the area benefit from several nearby educational institutions, including Moulsham Infant School and Moulsham Junior School, both located about 300 meters from the postcode. Moulsham High School, a secondary school rated 'Good' by Ofsted, is approximately 400 meters away. The area is well-served by local amenities, with a variety of supermarkets such as Aldi, Asda, Co-Operative Food, and Sainsbury's in close proximity. The area also boasts a high Healthy Living Index score of 8 out of 10, indicating a healthy environment for residents. Oaklands Park: Located just a short walk from Moulsham Drive, Oaklands Park spans approximately 12 acres and features sports pitches, tennis courts, two play areas, and a rose garden. The park is also home to the Chelmsford Museum and the Essex Regiment Museum, offering cultural enrichment alongside recreational facilities. Overall, CM2 offers a desirable living environment with its residential character, access to quality education, convenient transportation links, and ample local amenities.

Agent Details

McCartney Estate Agents, Chelmsford

01245 945622

Next Steps?

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