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3 Bed Semi-Detached House, Refurb/BRRR, Chelmsford, CM2 5PJ, £410,000
ValuationFair Value
| Sold Prices | £285K - £505K |
| Sold Prices/m² | £1K/m² - £6.2K/m² |
| |
Square Metres | ~93 m² |
| Price/m² | £4.4K/m² |
Value Estimate | £405,436£405,436 |
| |
End Value (After Refurb) | £413,750£413,750 |
Uplift in Value | +-3%+-3% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging LoanBridging Loan |
Deposit (25%) | £102,500£102,500 |
Stamp Duty & Legal Fees | £22,700£22,700 |
Refurb Costs | £45,472£45,472 |
Bridging Loan Interest | £10,763£10,763 |
Total Cash In | £183,185£183,185 |
| |
Cash Out | |
Monetisation | FlipRefinance & RentRefinance & Rent |
Revaluation | £413,750£413,750 |
Mortgage (After Refinance) | £310,313£310,313 |
Mortgage LTV | 75%75% |
Cash Released | £2,813£2,813 |
Cash Left In | £180,372£180,372 |
Equity | £103,438£103,438 |
Rent Range | £1,350 - £3,750£1,350 - £3,750 |
Rent Estimate | £1,734 |
Running Costs/mo | £1,660£1,660 |
Cashflow/mo | £74£74 |
Cashflow/yr | £891£891 |
ROI | 0%0% |
Gross Yield | 5%5% |
Local Sold Prices
50 sold prices from £285K to £505K, average is £365K. £1K/m² to £6.2K/m², average is £4.3K/m².
| Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
| £505K | 05/23 | 0.38 mi | 13, Burnell Gate, Chelmsford, Essex CM1 6ED | - | - | 3 | Semi-Detached House | |
| £300K | 02/21 | 0.41 mi | 20, Primula Way, Chelmsford, Essex CM1 6QT | £3,947 | 76 | 3 | Terraced House | |
| £415K | 12/22 | 0.43 mi | 11, Jacaranda Close, Chelmsford, Essex CM1 6NN | £4,882 | 85 | 3 | Detached House | |
| £440K | 03/23 | 0.43 mi | 13, Jacaranda Close, Chelmsford, Essex CM1 6NN | - | - | 3 | Detached House | |
| £337.1K | 02/21 | 0.45 mi | 103, Petunia Crescent, Chelmsford, Essex CM1 6YR | £3,704 | 91 | 3 | Terraced House | |
| £372K | 03/23 | 0.45 mi | 73, Petunia Crescent, Chelmsford, Essex CM1 6YR | - | - | 3 | Terraced House | |
| £370K | 06/21 | 0.48 mi | 13, Mimosa Close, Chelmsford, Essex CM1 6NW | £4,296 | 86 | 3 | Detached House | |
| £307.5K | 12/20 | 0.5 mi | 20, Candytuft Road, Chelmsford, Essex CM1 6YS | £4,661 | 66 | 3 | Terraced House | |
| £310K | 12/20 | 0.53 mi | 19, Petunia Crescent, Chelmsford, Essex CM1 6YP | £3,924 | 79 | 3 | Terraced House | |
| £345K | 06/21 | 0.53 mi | 39, Petunia Crescent, Chelmsford, Essex CM1 6YP | £4,207 | 82 | 3 | Semi-Detached House | |
| £310K | 12/20 | 0.53 mi | 19, Petunia Crescent, Chelmsford, Essex CM1 6YP | £3,924 | 79 | 3 | Terraced House | |
| £430K | 03/23 | 0.54 mi | 19, Bryant Link, Springfield, Chelmsford, Essex CM2 6GZ | £5,179 | 83 | 3 | Detached House | |
| £410K | 11/20 | 0.55 mi | 13, Meggy Tye, Springfield, Chelmsford, Essex CM2 6GA | £4,059 | 101 | 3 | Semi-Detached House | |
| £440K | 04/21 | 0.56 mi | 13, Abell Way, Springfield, Chelmsford, Essex CM2 6WU | £4,314 | 102 | 3 | Semi-Detached House | |
| £367.5K | 03/21 | 0.56 mi | 26, Allen Way, Springfield, Chelmsford, Essex CM2 6GF | £4,038 | 91 | 3 | Terraced House | |
| £320K | 04/21 | 0.57 mi | 51, Candytuft Road, Chelmsford, Essex CM1 6YS | £4,444 | 72 | 3 | Semi-Detached House | |
| £333K | 01/21 | 0.57 mi | 21, Candytuft Road, Chelmsford, Essex CM1 6YS | £4,970 | 67 | 3 | Semi-Detached House | |
| £330K | 06/23 | 0.57 mi | 27, Candytuft Road, Springfield, Chelmsford, Essex CM1 6YS | - | - | 3 | Terraced House | |
| £342K | 06/21 | 0.57 mi | 57, Candytuft Road, Chelmsford, Essex CM1 6YS | £3,353 | 102 | 3 | Terraced House | |
| £450K | 06/21 | 0.57 mi | 16, Sutton Mead, Chelmsford, Essex CM2 6QB | £5,422 | 83 | 3 | Detached House | |
| £405K | 02/23 | 0.57 mi | 12, Albra Mead, Chelmsford, Essex CM2 6YG | - | - | 3 | Semi-Detached House | |
| £320K | 09/21 | 0.57 mi | 2, Lavender Court, Chelmsford, Essex CM1 6YH | £4,725 | 68 | 3 | Terraced House | |
| £415K | 01/23 | 0.58 mi | 19, Rubens Gate, Chelmsford, Essex CM1 6GW | £6,194 | 67 | 3 | Semi-Detached House | |
| £285K | 06/21 | 0.59 mi | 1, Heather Court, Chelmsford, Essex CM1 6YQ | - | - | 3 | Terraced House | |
| £338K | 02/23 | 0.6 mi | 21, Marigold Close, Chelmsford, Essex CM1 6XU | £5,045 | 67 | 3 | Terraced House | |
| £425K | 12/22 | 0.6 mi | 17, Cornflower Drive, Chelmsford, Essex CM1 6XY | £3,952 | 108 | 3 | Terraced House | |
| £348K | 01/21 | 0.62 mi | 23, Rubens Gate, Chelmsford, Essex CM1 6GW | £5,273 | 66 | 3 | Semi-Detached House | |
| £415K | 03/21 | 0.62 mi | 61, Rubens Gate, Chelmsford, Essex CM1 6GW | £4,826 | 86 | 3 | Semi-Detached House | |
| £320K | 04/21 | 0.64 mi | 22, Lily Close, Chelmsford, Essex CM1 6YN | £4,585 | 70 | 3 | Terraced House | |
| £360K | 03/23 | 0.65 mi | 1, Iris Close, Chelmsford, Essex CM1 6XS | £4,045 | 89 | 3 | Semi-Detached House | |
| £310K | 02/21 | 0.65 mi | 13, Iris Close, Chelmsford, Essex CM1 6XS | £4,189 | 74 | 3 | Semi-Detached House | |
| £417K | 12/20 | 0.67 mi | 5, Quale Road, Chelmsford, Essex CM2 6WQ | £4,533 | 92 | 3 | Semi-Detached House | |
| £286K | 05/21 | 0.7 mi | 83, Lupin Drive, Chelmsford, Essex CM1 6YJ | £4,333 | 66 | 3 | Terraced House | |
| £372K | 02/21 | 0.72 mi | 51, Ratcliffe Gate, Springfield, Chelmsford, Essex CM1 6AL | £1,005 | 370 | 3 | Semi-Detached House | |
| £450K | 08/21 | 0.72 mi | 49, Wilkinsons Mead, Chelmsford, Essex CM2 6QF | - | - | 3 | Semi-Detached House | |
| £365K | 06/21 | 0.72 mi | 16, Braganza Way, Springfield, Chelmsford, Essex CM1 6AP | £4,244 | 86 | 3 | Semi-Detached House | |
| £365K | 11/20 | 0.74 mi | 95, Beardsley Drive, Chelmsford, Essex CM1 6GJ | £4,101 | 89 | 3 | Detached House | |
| £365K | 03/21 | 0.75 mi | 26, Havengore, Chelmsford, Essex CM1 6JR | £3,842 | 95 | 3 | Terraced House | |
| £305K | 11/20 | 0.75 mi | 34, Havengore, Chelmsford, Essex CM1 6JR | £3,813 | 80 | 3 | Terraced House | |
| £347.5K | 06/21 | 0.75 mi | 45, Sheppard Drive, Chelmsford, Essex CM2 6QE | £3,889 | 89 | 3 | Semi-Detached House | |
| £375K | 02/21 | 0.75 mi | 4, Sheppard Drive, Chelmsford, Essex CM2 6QE | £4,464 | 84 | 3 | Detached House | |
| £292K | 04/21 | 0.75 mi | 59, Sheppard Drive, Chelmsford, Essex CM2 6QE | £4,294 | 68 | 3 | Terraced House | |
| £340K | 05/23 | 0.75 mi | 59, Sheppard Drive, Chelmsford, Essex CM2 6QE | £5,000 | 68 | 3 | Terraced House | |
| £323K | 09/21 | 0.76 mi | 37, Daffodil Way, Chelmsford, Essex CM1 6XB | £3,892 | 83 | 3 | Terraced House | |
| £360K | 02/21 | 0.77 mi | 26, Sheldrick Link, Springfield, Chelmsford, Essex CM2 6GJ | £4,865 | 74 | 3 | Semi-Detached House | |
| £405.5K | 12/21 | 0.77 mi | 34, Sheldrick Link, Springfield, Chelmsford, Essex CM2 6GJ | £5,336 | 76 | 3 | Semi-Detached House | |
| £410K | 08/21 | 0.77 mi | 20, Rembrandt Grove, Chelmsford, Essex CM1 6GH | £5,325 | 77 | 3 | Semi-Detached House | |
| £380K | 03/21 | 0.77 mi | 75, Albemarle Link, Springfield, Chelmsford, Essex CM1 6AH | £4,810 | 79 | 3 | Semi-Detached House | |
| £370K | 06/23 | 0.77 mi | 35, Havengore, Chelmsford, Essex CM1 6JP | - | - | 3 | Terraced House | |
| £400K | 07/23 | 0.78 mi | 73, Wallasea Gardens, Chelmsford, Essex CM1 6JY | £4,762 | 84 | 3 | Semi-Detached House |
Local Rents
50 rents from £1.4K/mo to £3.8K/mo, average is £1.6K/mo.
| Rent | Date | Distance | Address | Beds | Type | |
| £1,650 | 04/24 | 0.45 mi | - | 3 | Terraced House | |
| £1,600 | 04/24 | 0.45 mi | Foxglove Way, Chelmsford, Essex, CM1 | 3 | Terraced House | |
| £1,700 | 03/25 | 0.46 mi | - | 3 | Semi-Detached House | |
| £1,800 | 03/25 | 0.47 mi | - | 3 | Terraced House | |
| £1,400 | 04/24 | 0.53 mi | Petunia Crescent, Chelmsford, CM1 | 3 | Terraced House | |
| £1,550 | 02/25 | 0.54 mi | - | 3 | Terraced House | |
| £1,550 | 03/24 | 0.55 mi | Petunia Crescent, Chelmsford, Essex | 3 | Flat | |
| £1,350 | 03/24 | 0.6 mi | Marigold Close, Chelmsford, Essex, CM1 | 3 | Terraced House | |
| £1,750 | 04/25 | 0.61 mi | - | 3 | Terraced House | |
| £1,500 | 03/24 | 0.64 mi | Murrell Lock, Chelmsford, CM2 | 3 | Flat | |
| £1,500 | 04/24 | 0.64 mi | Murrell Lock, Chelmsford, CM2 | 3 | Terraced House | |
| £1,695 | 04/24 | 0.66 mi | Vermeer Ride, CM1 | 3 | Detached House | |
| £1,700 | 12/24 | 0.7 mi | Lupin Drive, Chelmsford | 3 | Semi-Detached House | |
| £3,750 | 04/25 | 0.76 mi | - | 3 | Semi-Detached House | |
| £1,600 | 05/24 | 0.78 mi | - | 3 | Terraced House | |
| £1,600 | 04/24 | 0.78 mi | Daffodil Way, Chelmsford, CM1 | 3 | Terraced House | |
| £2,100 | 02/24 | 0.78 mi | - | 3 | Terraced House | |
| £1,500 | 03/24 | 0.82 mi | Bonington Chase, Chelmsford, CM1 | 3 | Flat | |
| £1,625 | 03/25 | 0.84 mi | - | 3 | Terraced House | |
| £1,650 | 01/25 | 0.84 mi | - | 3 | Terraced House | |
| £1,550 | 04/24 | 0.84 mi | Clarence Close, Chelmer Village, Chelmsford, CM2 | 3 | Detached House | |
| £1,800 | 04/24 | 0.86 mi | Paddock Drive | 3 | Detached House | |
| £1,750 | 04/24 | 0.87 mi | Burton Place, Chelmer Village | 3 | Semi-Detached House | |
| £2,300 | 05/24 | 0.87 mi | William Porter Close, Chelmsford, Essex | 3 | Semi-Detached House | |
| £1,500 | 11/23 | 0.88 mi | Violet Close, Chelmsford | 3 | Terraced House | |
| £1,350 | 03/24 | 0.9 mi | Brook End Road South, Chelmsford | 3 | Detached House | |
| £1,650 | 05/24 | 0.91 mi | Hyacinth Court, Chelmsford | 3 | Semi-Detached House | |
| £1,725 | 04/24 | 0.96 mi | Mayne Crest, Chelmsford | 3 | Detached House | |
| £1,750 | 04/24 | 0.97 mi | Barn Green, Chelmsford, Essex, CM1 | 3 | Detached House | |
| £1,650 | 04/24 | 0.97 mi | Barn Green, Springfield, Chelmsford, CM1 6UG | 3 | House | |
| £1,450 | 04/24 | 0.98 mi | Dukes Lane, CM2 | 3 | Semi-Detached House | |
| £1,600 | 04/24 | 0.98 mi | Tavistock Road, Springfield, Chelmsford, CM1 6JL | 3 | Semi-Detached House | |
| £1,500 | 05/24 | 0.99 mi | Golding Thoroughfare, Chelmsford | 3 | Semi-Detached House | |
| £1,600 | 03/24 | 0.99 mi | Golding Thoroughfare, Chelmsford | 3 | Detached House | |
| £1,600 | 03/24 | 0.99 mi | Golding Thoroughfare, Chelmsford | 3 | Detached House | |
| £1,650 | 04/24 | 1.03 mi | Hollis Lock, Chelmsford | 3 | Semi-Detached House | |
| £1,650 | 05/24 | 1.03 mi | Hollis Lock, Chelmsford | 3 | Semi-Detached House | |
| £1,500 | 04/24 | 1.06 mi | Exeter Road, CM1 | 3 | Semi-Detached House | |
| £1,700 | 03/24 | 1.1 mi | Clachar Close, Chelmsford | 3 | Detached House | |
| £2,150 | 04/24 | 1.13 mi | Samuel Parish Link, Springfield, Chelmsford, Essex, CM1 | 3 | Detached House | |
| £1,850 | 04/24 | 1.14 mi | Harold Teager Crescent, Beaulieu Park | 3 | Detached House | |
| £1,800 | 04/24 | 1.14 mi | Downsway, Chelmsford, CM1 | 3 | Semi-Detached House | |
| £1,800 | 04/24 | 1.14 mi | - | 3 | Semi-Detached House | |
| £1,450 | 02/24 | 1.14 mi | - | 3 | Flat | |
| £2,450 | 12/24 | 1.15 mi | - | 3 | Detached House | |
| £2,200 | 03/24 | 1.17 mi | Choat Place, Chelmsford | 3 | Detached House | |
| £1,850 | 02/24 | 1.17 mi | - | 3 | Semi-Detached House | |
| £1,600 | 05/24 | 1.17 mi | - | 3 | Semi-Detached House | |
| £1,700 | 04/25 | 1.17 mi | - | 3 | Semi-Detached House | |
| £1,800 | 02/24 | 1.18 mi | - | 3 | Semi-Detached House |
Local Area Statistics
Population in CM2 | 58,24458,244 |
Population in Chelmsford | 174,693174,693 |
Town centre distance | 2.36 miles away2.36 miles away |
Nearest school | 0.60 miles away0.60 miles away |
Nearest train station | 2.27 miles away2.27 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +23%+23% |
Sales demand | Balanced marketBalanced market |
Capital growth (5yrs) | +15%+15% |
Property History
Price changed to £410,000
March 16, 2025
Listed for £425,000
February 10, 2025
Floor Plans
Description
- No onward chain +
- Extended Semi Detached Home +
- Three Double Bedrooms +
- Modern Kitchen & Family Bathroom +
- Driveway Parking +
- Heaps of potential +
- Sought after Cul-de sac Location +
- Good Sized Garden +
SUMMARY
Welcome to Fordson Road, Chelmsford. A charming and well-presented extended semi-detached home, nestled in a sought-after cul-de-sac location. This delightful property boasts three good-sized bedrooms, making it ideal for a growing family, professionals in need of a home office.
DESCRIPTION
Welcome to Fordson Road, Chelmsford. A charming and well-presented extended semi-detached home, nestled in a sought-after cul-de-sac location. This delightful property boasts three good-sized bedrooms, making it ideal for a growing family, professionals in need of a home office, or those looking for extra space.
As you arrive, you'll be greeted by a spacious driveway, offering convenient off-road parking for 2-3 cars a true luxury after a long day. Step inside and be impressed by the generous 21' lounge, perfect for relaxing or entertaining. The home also benefits from a modern kitchen, separate dining room, and a utility/wet room, ensuring practical and flexible living space.
To the rear, a private garden offers the perfect outdoor retreat, whether you enjoy alfresco dining, summer barbecues, or simply unwinding in the fresh air. The property is a blank canvas with heaps of potential, ready for you to add your personal touch, whether through modernisation or simple decor updates.
Located on the edge of North Springfield & Chelmer Village, this home provides easy access to local schools, the A12, and bus routes into the city centre, making it a convenient choice for families and commuters alike.
Being sold with NO ONWARD CHAIN, this is an opportunity not to be missed! Contact Connells today to arrange a viewing and fully appreciate the size and potential this fantastic home has to offer.
Lounge 21' 7" Max x 15' 8" Max ( 6.58m Max x 4.78m Max )
Kitchen 15' 5" x 6' 6" Max ( 4.70m x 1.98m Max )
Dining Room 12' 1" x 10' 9" ( 3.68m x 3.28m )
Master Bedroom 11' 5" Max x 11' 1" ( 3.48m Max x 3.38m )
Bedroom Two 11' 5" x 10' 2" Max ( 3.48m x 3.10m Max )
Bedroom Three 8' 2" x 8' 2" Max ( 2.49m x 2.49m Max )
1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.