3 Bed Semi-Detached House, Planning Permission, Chelmsford, CM2 0TQ, £450,000

Lady Lane, Old Moulsham, Chelmsford, Essex, CM2 0TQ - 2 views - 3 months ago

Sold STC
Planning
~93 m²
+25 photos

ValuationOvervalued

Sold Prices£285K - £655K
Sold Prices/m²£2.7K/m² - £8K/m²

 

 

Square Metres

~93 m²
Price/m²£4.8K/m²

Value Estimate

£441,148

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£24,700

Total Cash In

£137,200

 

 

Cash Out

 

Rent Range

£1,350 - £4,500

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 £285K to £655K, average is £406K. £2.7K/m² to £8K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£435K03/210.06 mi18, Lynmouth Avenue, Chelmsford, Essex CM2 0TP3
£550K01/210.09 mi24, Lady Lane, Chelmsford, Essex CM2 0TG3
£440K12/200.12 mi18, Goldlay Avenue, Chelmsford, Essex CM2 0TL3
£460K01/230.13 mi10, Goldlay Gardens, Chelmsford, Essex CM2 0EN3
£415K06/210.13 mi23, Bouverie Road, Chelmsford, Essex CM2 0UD3
£430K03/210.14 mi62, Manor Road, Chelmsford, Essex CM2 0ER3
£555K12/200.14 mi27, Rosebery Road, Chelmsford, Essex CM2 0TU3
£387.5K02/210.17 mi5, Manor Road, Chelmsford, Essex CM2 0ER3
£415K12/210.18 mi24, Van Diemans Road, Chelmsford, Essex CM2 9QQ3
£515K05/230.19 mi127a, Mildmay Road, Chelmsford, Essex CM2 0DT3
£410K12/200.19 mi1, Amcotes Place, Chelmsford, Essex CM2 9HZ3
£436K11/200.19 mi66, Mildmay Road, Chelmsford, Essex CM2 0DZ3
£493K03/210.21 mi49, Goldlay Road, Chelmsford, Essex CM2 0EL3
£592.5K07/230.22 mi25, Upper Roman Road, Chelmsford, Essex CM2 0EX3
£460K08/230.22 mi13, Fortinbras Way, Chelmsford, Essex CM2 9JA3
£360K08/210.23 mi20, Roman Road, Chelmsford, Essex CM2 0HA3
£450K12/200.23 mi2, St Michaels Road, Chelmsford, Essex CM2 9PT3
£500K01/230.23 mi5, Langdale Gardens, Chelmsford, Essex CM2 9QH3
£435K12/220.25 mi2, Mews Court, Chelmsford, Essex CM2 9PF3
£353K11/200.26 mi7, Mews Court, Chelmsford, Essex CM2 9PF3
£360K04/210.26 mi2, Grove Road, Chelmsford, Essex CM2 0EY3
£325K04/210.27 mi3, St Johns Road, Chelmsford, Essex CM2 9PD3
£655K06/210.27 mi9, Hamlet Road, Chelmsford, Essex CM2 0EU3
£316K07/230.27 mi7, Orchard Street, Chelmsford, Essex CM2 0HD3
£345K03/210.27 mi139, Baddow Road, Chelmsford, Essex CM2 7PY3
£390K12/200.28 mi6, Wallace Crescent, Chelmsford, Essex CM2 9QL3
£500K12/210.28 mi35, Wallace Crescent, Chelmsford, Essex CM2 9QL3
£340K01/210.3 mi104, Burghley Way, Chelmsford, Essex CM2 9LQ3
£370K01/210.31 mi17, Nursery Road, Chelmsford, Essex CM2 9PL3
£380K02/210.31 mi36, Nursery Road, Chelmsford, Essex CM2 9PL3
£370K01/210.31 mi24, Nursery Road, Chelmsford, Essex CM2 9PL3
£362.5K01/210.31 mi14, St Johns Road, Chelmsford, Essex CM2 9PE3
£367K06/210.32 mi23, Meadgate Avenue, Chelmsford, Essex CM2 7ND3
£624K04/230.34 mi210, Baddow Road, Chelmsford, Essex CM2 9QR3
£310K09/210.35 mi35, Meadgate Avenue, Chelmsford, Essex CM2 7NF3
£565K01/230.35 mi133, Moulsham Drive, Chelmsford, Essex CM2 9PZ3
£408K03/210.36 mi128, Fortinbras Way, Chelmsford, Essex CM2 9UL3
£285K12/200.36 mi16, Waltham Glen, Chelmsford, Essex CM2 9EL3
£590K02/230.36 mi11, St Mildreds Road, Chelmsford, Essex CM2 9PU3
£340K04/210.37 mi95, Moulsham Street, Chelmsford, Essex CM2 0JF3
£450K12/200.37 mi2, Waltham Glen, Chelmsford, Essex CM2 9EL3
£350K01/210.38 mi175, Baddow Road, Chelmsford, Essex CM2 7PZ3
£404K05/210.4 mi127, Fortinbras Way, Chelmsford, Essex CM2 9UL3
£387.5K12/220.4 mi181, Gloucester Avenue, Chelmsford, Essex CM2 9DX3
£380K05/230.4 mi183, Gloucester Avenue, Chelmsford, Essex CM2 9DX3
£360K09/210.4 mi243, Gloucester Avenue, Chelmsford, Essex CM2 9DX3
£365K12/220.4 mi189, Gloucester Avenue, Chelmsford, Essex CM2 9DX3
£515K10/210.43 mi136, Moulsham Drive, Chelmsford, Essex CM2 9QA3
£380K02/230.43 mi14, Rose Glen, Chelmsford, Essex CM2 9EN3
£350K03/210.44 mi276, Baddow Road, Chelmsford, Essex CM2 9QX3

Local Rents

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

RentDateDistanceAddressBeds 
£1,69503/240.1 miManor Road, Old Moulsham3
£1,75001/250.12 mi-3
£1,75002/250.12 mi-3
£1,75003/240.13 miBouverie Road, Chelmsford, CM23
£1,75005/240.14 miBouverie Road, Chelmsford, CM23
£1,75004/240.14 miSt Johns Road, Chelmsford, CM23
£4,50003/240.18 mi-3
£4,50002/250.18 mi-3
£1,85004/250.19 mi-3
£1,78004/240.22 mi-3
£1,65003/240.26 miMews Court, Chelmsford, CM2 9PF3
£1,70004/250.26 mi-3
£1,80003/240.29 miGrove Road, Chelmsford3
£1,65005/240.34 miWaltham Glen, Chelmsford, Essex, CM2 9EL3
£1,89703/240.39 miWharf Road, Chelmsford, Essex, CM23
£1,88204/240.39 miWharf Road, Chelmsford, Essex, CM23
£2,12003/240.39 miWharf Road, One Canalside, Chelmsford, CM23
£2,22004/240.39 miWharf Road, Chelmsford, Essex, CM23
£1,69505/240.4 miRedcliffe Road, CHELMSFORD3
£1,69512/240.4 miRedcliffe Road, CHELMSFORD3
£1,55001/250.42 mi-3
£4,50002/240.42 mi-3
£4,50003/240.42 mi-3
£4,50004/250.42 mi-3
£1,69504/240.43 miRose Glen, Chelmsford, Essex, CM23
£1,85004/240.43 miWharf Road, Chelmsford3
£1,85004/240.43 miWharf Road, Chelmsford3
£1,89504/240.43 miGoodwin Close, CHELMSFORD3
£1,65004/250.47 mi-3
£1,35003/240.47 miHayes Close, Chelmsford, CM23
£1,79504/240.53 miWhitethorn Gardens, Chelmsford, Essex, CM23
£1,55003/240.55 miGerard Gardens, Great Baddow3
£3,50004/250.57 mi-3
£2,10001/250.61 mi-3

Local Area Statistics

Population in CM2

58,244

Population in Chelmsford

174,693

Town centre distance

0.94 miles away

Nearest school

0.30 miles away

Nearest train station

0.81 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £450,000

February 12, 2025

Floor Plans

Description

  • Well Presented Three Bedroom Semi-Detached Property +
  • Two Generously Sized Reception Rooms +
  • Modern Fitted, Fully Equipped Kitchen +
  • Laid to Lawn Rear Garden with Large Patio Area and Driveway Offering Off Street Parking +
  • Property Has Good Potential for Extension +
  • Must Be Viewed +

GUIDE PRICE: £450,000 - £475,000
This charming three-bedroom semi-detached property is ideally located in the highly desirable area of Old Moulsham. Situated within walking distance of Chelmsford?s vibrant town centre, it offers easy access to an array of shops, restaurants, and leisure and recreational amenities. The property is also perfectly positioned close to excellent transport links, with nearby bus routes and railway station providing quick and easy connections to London and surrounding areas. Additionally, the home is within the catchment area of a good selection of highly regarded local schools, making it an ideal choice for families.

Approached via the driveay, the double glazed front door opens to an Entrance Hall leading to the rest of the home. The fully equipped kitchen is fitted with modern appliances necessary for everyday living, plenty of storage space and a handy small breakfast bar. The ground floor benefits from two good sized, versatile reception rooms offering flexible living options, ideal for creating a cosy lounge, formal dining area ore even a playroom and home office, depending on your lifestyle needs.

The first floor of the property offers three well-proportioned bedrooms, each providing ample space and natural light, and the loft can be accessed via the third bedroom. The family bathroom is conveniently located on this level, featuring a panel-enclosed bath, WC, and a hand wash basin.

Externally, the property benefits from a well-maintained private rear garden, which is laid to lawn with a large patio area. This outdoor space is perfect for enjoying al fresco dining or hosting gatherings. The front of the property offers a driveway with off-street parking, ensuring convenience for homeowners and visitors alike. Additionally, there is considerable potential for extending the property, allowing you to further enhance and personalise your living space, subject to planning permission.

Overall, this home presents a wonderful opportunity for families, first-time buyers, or investors looking to secure a property in a prime location with fantastic potential for future development. Palmer and Partners would highly encourage early internal viewing to avoid any disappointment. EPC: E

Agent Details

Palmer & Partners, Chelmsford & District

01245 823006

Next Steps?

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