2 Bed Flat, Planning Permission, Chelmsford, CM1 6XH, £190,000





ValuationUndervalued
Sold Prices | £150K - £259K |
Sold Prices/m² | £2.9K/m² - £4.6K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.8K/m² |
Value Estimate | £237,500 |
BMV | 25% |
Investment Opportunity
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £47,500 |
Stamp Duty & Legal Fees | £6,900 |
Total Cash In | £54,400 |
| |
Cash Out | |
Rent Range | £1,050 - £1,700 |
Rent Estimate | £1,063 |
Running Costs/mo | £826 |
Cashflow/mo | £237 |
Cashflow/yr | £2,840 |
ROI | 5% |
Gross Yield | 7% |
Local Sold Prices
36 sold prices from £150K to £259K, average is £204K. £2.9K/m² to £4.6K/m², average is £3.7K/m².
Local Rents
25 rents from £1.1K/mo to £1.7K/mo, average is £1.2K/mo.
Local Area Statistics
Population in CM1 | 62,617 |
Population in Chelmsford | 174,693 |
Town centre distance | 1.81 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 1.77 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +18% |
Sales demand | Balanced market |
Capital growth (5yrs) | +11% |
Property History
Listed for £190,000
February 12, 2025
Floor Plans

Description
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