3 Bed Detached House, Single Let, Chelmsford, CM2 9XF, £585,000

Redmayne Drive, Chelmsford, CM2 9XF - 3 views - 3 months ago

BTL
~93 m²
+14 photos

ValuationOvervalued

Sold Prices£265K - £910K
Sold Prices/m²£2.5K/m² - £9.6K/m²

 

 

Square Metres

~93 m²
Price/m²£6.3K/m²

Value Estimate

£441,154

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£146,250

Stamp Duty & Legal Fees

£36,700

Total Cash In

£182,950

 

 

Cash Out

 

Rent Range

£1,550 - £4,500

Rent Estimate

£1,575

Running Costs/mo

£2,163

Cashflow/mo

£-588

Cashflow/yr

£-7,057

Gross Yield

3%

Local Sold Prices

50 sold prices from £265K to £910K, average is £428.8K. £2.5K/m² to £9.6K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£427.5K05/230.21 mi94, Upper Bridge Road, Chelmsford, Essex CM2 0BA3
£475K12/220.21 mi86, Upper Bridge Road, Chelmsford, Essex CM2 0BA3
£575K12/220.28 mi2a, Southborough Road, Chelmsford, Essex CM2 0AQ3
£500K02/230.28 mi24, Rothesay Avenue, Chelmsford, Essex CM2 9BU3
£710K06/210.3 mi55, Vicarage Road, Chelmsford, Essex CM2 9BT3
£502K12/220.31 mi5, Campbell Close, Chelmsford, Essex CM2 9BE3
£820K03/210.34 miFircroft, Links Drive, Chelmsford, Essex CM2 9AW3
£460K04/210.34 mi3, Campbell Close, Chelmsford, Essex CM2 9BE3
£450K06/230.35 mi163, Upper Bridge Road, Chelmsford, Essex CM2 0BB3
£458K01/230.35 mi27, Waterhouse Street, Chelmsford, Essex CM1 2TY3
£385K06/230.36 mi74, Waterhouse Street, Chelmsford, Essex CM1 2TZ3
£545K03/230.36 mi75, Waterhouse Street, Chelmsford, Essex CM1 2TZ3
£450K01/210.36 mi75, Waterhouse Street, Chelmsford, Essex CM1 2TZ3
£515K10/210.38 mi136, Moulsham Drive, Chelmsford, Essex CM2 9QA3
£590K02/230.39 mi11, St Mildreds Road, Chelmsford, Essex CM2 9PU3
£425K11/220.4 mi5, Bradford Street, Chelmsford, Essex CM2 0BG3
£404K07/230.4 mi9, Bradford Street, Chelmsford, Essex CM2 0BG3
£425K07/210.4 mi84, Hillside Grove, Chelmsford, Essex CM2 9DB3
£370K02/210.4 mi51, Hillside Grove, Chelmsford, Essex CM2 9DB3
£300K05/210.4 mi4, Waterhouse Lane, Chelmsford, Essex CM1 2TF3
£520K11/200.4 mi90, Writtle Road, Chelmsford, Essex CM1 3BU3
£340K04/210.41 mi95, Moulsham Street, Chelmsford, Essex CM2 0JF3
£440K03/230.42 mi78, Wood Street, Chelmsford, Essex CM2 9FQ3
£293K05/210.43 mi97, Lower Anchor Street, Chelmsford, Essex CM2 0AU3
£370K04/230.44 mi49, Lower Anchor Street, Chelmsford, Essex CM2 0AT3
£441K12/220.44 mi41, Stewart Road, Chelmsford, Essex CM2 9BB3
£370K01/210.45 mi17, Nursery Road, Chelmsford, Essex CM2 9PL3
£380K02/210.45 mi36, Nursery Road, Chelmsford, Essex CM2 9PL3
£370K01/210.45 mi24, Nursery Road, Chelmsford, Essex CM2 9PL3
£404K05/210.46 mi127, Fortinbras Way, Chelmsford, Essex CM2 9UL3
£362.5K01/210.46 mi14, St Johns Road, Chelmsford, Essex CM2 9PE3
£565K01/230.47 mi133, Moulsham Drive, Chelmsford, Essex CM2 9PZ3
£312.5K11/210.47 mi10, Hart Street, Chelmsford, Essex CM2 0RY3
£350K03/210.48 mi2, Robjohns Road, Chelmsford, Essex CM1 3AF3
£292K02/210.49 mi11, Delamere Road, Chelmsford, Essex CM1 2TG3
£325K04/210.5 mi3, St Johns Road, Chelmsford, Essex CM2 9PD3
£345K01/230.5 mi40, Charnwood Avenue, Chelmsford, Essex CM1 2TQ3
£332K03/210.5 mi51, Baker Street, Chelmsford, Essex CM2 0SA3
£408K03/210.5 mi128, Fortinbras Way, Chelmsford, Essex CM2 9UL3
£430K01/230.5 mi59, Stewart Road, Chelmsford, Essex CM2 9BD3
£545K05/230.5 mi27, Gloucester Avenue, Chelmsford, Essex CM2 9DP3
£450K12/200.5 mi2, St Michaels Road, Chelmsford, Essex CM2 9PT3
£535K03/210.5 mi29, Gloucester Avenue, Chelmsford, Essex CM2 9DP3
£427K04/210.51 mi6, Falcons Mead, Chelmsford, Essex CM2 0NN3
£353K11/200.53 mi7, Mews Court, Chelmsford, Essex CM2 9PF3
£435K12/220.54 mi2, Mews Court, Chelmsford, Essex CM2 9PF3
£910K06/210.54 mi107, Longstomps Avenue, Chelmsford, Essex CM2 9BZ3
£515K05/230.56 mi127a, Mildmay Road, Chelmsford, Essex CM2 0DT3
£655K06/210.57 mi9, Hamlet Road, Chelmsford, Essex CM2 0EU3
£265K04/210.57 mi27, Savernake Road, Chelmsford, Essex CM1 2TJ3

Local Rents

20 rents from £1.6K/mo to £4.5K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,65002/240.19 mi-3
£1,72503/250.19 mi-3
£1,75005/240.28 miParkinson Drive, Chelmsford, CM1 3GU3
£2,00004/240.3 miGrace Bartlett Gardens, Chelmsford, CM23
£2,00004/240.3 miGrace Bartlett Gardens, Chelmsford, CM23
£2,00004/240.3 mi-3
£2,20003/250.3 mi-3
£1,85003/240.4 miWrittle Road, Chelmsford, CM13
£1,69505/240.41 miRedcliffe Road, CHELMSFORD3
£1,69512/240.41 miRedcliffe Road, CHELMSFORD3
£1,55004/240.41 mi-3
£1,55004/240.41 miUpper Bridge Road, Chelmsford, CM23
£1,55003/250.42 mi-3
£4,50002/240.43 mi-3
£4,50003/240.43 mi-3
£4,50004/250.43 mi-3
£1,65003/240.53 miMews Court, Chelmsford, CM2 9PF3
£1,75005/240.61 miBouverie Road, Chelmsford, CM23
£1,75003/240.61 miBouverie Road, Chelmsford, CM23
£1,80003/250.61 mi-3

Local Area Statistics

Population in CM2

58,244

Population in Chelmsford

174,693

Town centre distance

0.97 miles away

Nearest school

0.20 miles away

Nearest train station

0.95 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Price changed to £585,000

April 1, 2025

Listed for £600,000

February 5, 2025

Floor Plans

Description

  • An immaculate, extended family home on a large corner plot +
  • Spacious lounge with Wood flooring, stove-style electric fire and French doors to the back garden +
  • Open-plan kitchen/diner and family room, perfect for modern family living +
  • Three bedrooms (two doubles and one single) +
  • Stylish family bathroom and downstairs w/c +
  • Private, landscaped back garden with mature borders, seating areas and an artificial lawn +
  • Block-paved driveway and built-in single garage +
  • Close to Oaklands Park, Oaklands infant school and excellent secondary schools +
  • Close to Tesco, Aldi, M&S Food and Costa but also handy for the city centre shops +
  • Easy access to the A12 and M25, with Chelmsford train station nearby for 30 min London commutes +

The Ideal Modern Family Home If You're Looking For An Easy Life. It’s in immaculate condition, on a large low maintenance corner plot. It’s on a quiet cul-de-sac that’s handy for the town centre shops and the station, so commuting will be a breeze.

Some families love a property project to get their teeth into. Others just want a hassle free move and nothing to do but unpack their storage boxes.

If you’re looking for a DIY and hassle free move, this extended and much improved three bedroom detached could be just up your quiet cul-de-sac.

Redmayne Drive is popular with families - and it’s easy to see why. Everything you need is on your doorstep, with a choice of shops and schools nearby and Oaklands Park less than a 5 minute walk away.

It was built in the 1980’s as a luxury family home and since then it’s got even better!

Being on a corner plot means you get much more space than most of the detached family homes on the street. That's even with some of it having been taken up to add the side extension.

The extension has transformed the ground floor. It's made it much more sociable, family-friendly and in tune with our busy modern lives.

There’s a spacious lounge with gorgeous wood flooring, a traditional stove style electric fire and French doors to the back garden.

The lounge will be somewhere to slip away and relax in peace, as everyone is likely to head through to the kitchen / diner and the family room which makes the most of the side extension.

The kitchen has plenty of storage in the fitted units and integrated appliances. There’s a dining area with space for a dining table or a more informal breakfast bar, perfect for grabbing a quick bite on the go.

Everything is in immaculate condition but when the time came to update the kitchen you might consider opening up the family room and/or lounge to create an even more seamless social space. The first floor has three bedrooms (two doubles and a single) along with a stylish family bathroom.

The front garden has a neat lawn that’s open to the street and space to park on the block paved drive, in front of the built in single garage

The back garden is surprisingly large (again, all thanks to the corner plot!) and surprisingly private, given it’s in the middle of a modern estate.

The back garden has been thoughtfully landscaped with mature borders/raised beds, a choice of seating areas and an artificial lawn for the kids to play on. 

If you have young children you can kiss goodbye to school run stress. Oaklands Infant School is only a 12 minute walk (or a 2 minute drive) away - and given you go past the park, the kids can burn off some energy on the way home.

Older kids have a choice of excellent secondary schools and independent schools nearby.

It takes less than 10 minutes to drive to the town centre shops but chances are you won’t have to head that far for your day-to-day needs. There’s a Tesco Superstore only a couple of minutes away, with Aldi, M&S Food and Costa at the nearby Clock Tower Retail Park. 

Being close to New London Road means heading further afield is a breeze. It takes just over 5 minutes to drive to the A12, meaning you can reach junction 28 of the M25 at Brentwood in around a quarter of an hour.

If you’d prefer not to take the car too far, you can jump on a train at Chelmsford and be stepping onto the Liverpool Street platform in around an hour. That could make this a perfect family home if you need to head into London for work or pleasure.

This is an immaculate, move-in-ready family home. It was good when first built in the 80’s and since then it’s extended and further improved.

We’re expecting plenty of interest from growing families looking for a move-in-ready and hassle-free home, in a popular location. 

Don’t miss out - call to arrange a viewing. Quote reference MB0473 **Property Information ** Freehold  Council Tax Band - D Important information on Anti-Money Laundering Check
 
We are required by law to conduct Anti-Money Laundering checks on all parties involved in the sale or purchase of a property. We take the responsibility of this seriously in line with HMRC guidance in ensuring the accuracy and continuous monitoring of these checks. Our partner, Move Butler will carry out the initial checks on our behalf. They will contact you and where possible a biometric check will be sent to you electronically only once your offer has been accepted. 
 
As an applicant, you will be charged a non-refundable fee of £20 (inclusive of VAT) per buyer for these checks. The fee covers data collection, manual checking, and monitoring. You will need to pay this amount direct to Move Butler and complete all Anti-money Laundering checks before your offer can be formally accepted. 
 
You will also be required to provide evidence of how you intend to finance your purchase prior to a formal acceptance of any offer.

Agent Details

eXp UK, South East

03304 609968

Next Steps?

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