2 Bed Terraced House, Single Let, Chelmsford, CM2 9SU, £350,000

Beehive Lane, Chelmsford, CM2 9SU - 2 months ago

Sold STC
BTL
~68 m²
+15 photos

ValuationOvervalued

Sold Prices£250K - £530K
Sold Prices/m²£3.1K/m² - £7.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.1K/m²

Value Estimate

£325,419

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£16,700

Total Cash In

£104,200

 

 

Cash Out

 

Rent Range

£1,095 - £1,950

Rent Estimate

£1,095

Running Costs/mo

£1,333

Cashflow/mo

£-238

Cashflow/yr

£-2,853

Gross Yield

4%

Local Sold Prices

50 sold prices from £250K to £530K, average is £325K. £3.1K/m² to £7.4K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£325K08/230.01 mi7, Beehive Lane, Chelmsford, Essex CM2 9SU2
£292.5K03/210.04 mi10, Beehive Lane, Chelmsford, Essex CM2 9SX2
£330K05/230.1 mi28, Chelwater, Great Baddow, Chelmsford, Essex CM2 7UQ2
£321K12/200.1 mi247, Baddow Road, Chelmsford, Essex CM2 7QA2
£325K04/210.1 mi245, Baddow Road, Chelmsford, Essex CM2 7QA2
£305K03/210.1 mi243, Baddow Road, Chelmsford, Essex CM2 7QA2
£285K03/210.17 mi5, Belgrave Close, Chelmsford, Essex CM2 9TS2
£362.5K08/230.18 mi268, Baddow Road, Chelmsford, Essex CM2 9QX2
£260K06/210.22 mi233, Baddow Road, Chelmsford, Essex CM2 7PZ2
£325K02/210.25 mi66, Bramwoods Road, Chelmsford, Essex CM2 7LT2
£335K01/210.32 mi19, Fraser Close, Chelmsford, Essex CM2 0TD2
£330K08/210.33 mi22, Wallace Crescent, Chelmsford, Essex CM2 9QL2
£250K03/210.35 mi61, Sawkins Avenue, Chelmsford, Essex CM2 9SE2
£300K12/200.36 mi37, Ash Grove, Chelmsford, Essex CM2 9JT2
£325K04/230.36 mi55, Ash Grove, Chelmsford, Essex CM2 9JT2
£305K12/200.37 mi9, Paschal Way, Chelmsford, Essex CM2 7NU2
£310K12/200.45 mi4, Ashmeads, Chelmsford, Essex CM2 9FJ2
£325K12/220.45 mi20, Amcotes Place, Chelmsford, Essex CM2 9HZ2
£425K09/210.47 mi11, Duffield Road, Chelmsford, Essex CM2 9RY2
£292.5K01/210.47 mi15, Duffield Road, Chelmsford, Essex CM2 9RY2
£365K07/230.47 mi10, Duffield Road, Chelmsford, Essex CM2 9RY2
£335K07/230.53 mi6, Lime Walk, Chelmsford, Essex CM2 9NF2
£299.5K08/210.57 mi28, Readers Court, Chelmsford, Essex CM2 8EX2
£335K11/210.59 mi30, Foxholes Road, Chelmsford, Essex CM2 7HP2
£255K01/210.66 mi50, Orange Tree Close, Chelmsford, Essex CM2 9NE2
£292.5K12/200.67 mi23, St Anthonys Drive, Chelmsford, Essex CM2 9EG2
£288K01/210.67 mi29, St Anthonys Drive, Chelmsford, Essex CM2 9EG2
£285.5K04/210.68 mi35, Orange Tree Close, Chelmsford, Essex CM2 9ND2
£420K12/220.69 mi27, Lady Lane, Chelmsford, Essex CM2 0TG2
£362.5K05/210.7 mi23, Goldlay Road, Chelmsford, Essex CM2 0EJ2
£507K11/200.7 mi74, Manor Road, Chelmsford, Essex CM2 0ER2
£301K01/210.72 mi35, Chelmer Road, Chelmsford, Essex CM2 6NH2
£375K07/230.73 mi11, Parker Road, Chelmsford, Essex CM2 0ES2
£315.5K08/210.76 mi34, Navigation Road, Chelmsford, Essex CM2 6HD2
£460K08/210.76 mi119, Mildmay Road, Chelmsford, Essex CM2 0DS2
£419K02/210.76 mi93, Mildmay Road, Chelmsford, Essex CM2 0DS2
£257.5K12/200.78 mi17, Church Street, Great Baddow, Chelmsford, Essex CM2 7HX2
£340K12/200.79 mi12, Tylers Close, Chelmsford, Essex CM2 9DY2
£367K09/210.81 mi13, Hill Road, Chelmsford, Essex CM2 6HW2
£300K04/210.81 mi12, Hill Road, Chelmsford, Essex CM2 6HW2
£275K11/210.83 mi48, Roman Road, Chelmsford, Essex CM2 0HB2
£285K11/210.86 mi6, Vicarage Road, Chelmsford, Essex CM2 9PG2
£350K06/210.86 mi14, Grove Road, Chelmsford, Essex CM2 0EY2
£530K02/210.86 mi88, Vicarage Lane, Great Baddow, Chelmsford, Essex CM2 8JB2
£380K06/210.87 mi15, Hamlet Road, Chelmsford, Essex CM2 0EU2
£375K11/200.88 mi46, Vicarage Road, Chelmsford, Essex CM2 9PQ2
£395K12/200.91 mi15, Nursery Road, Chelmsford, Essex CM2 9PL2
£312.5K02/210.93 mi148, Moulsham Street, Chelmsford, Essex CM2 0LD2
£312.5K02/210.93 mi148, Moulsham Street, Chelmsford, Essex CM2 0LD2
£392K12/200.93 mi9, Nursery Road, Chelmsford, Essex CM2 9PJ2

Local Rents

50 rents from £1.1K/mo to £1.9K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,19505/240.03 miHarberd Tye, Great Baddow2
£1,95004/240.07 miChelwater, Great Baddow, Chelmsford, CM22
£1,95005/240.07 mi-2
£1,09504/240.08 miHarberd Tye, CHELMSFORD2
£1,30003/240.08 miHarberd Tye, Great Baddow, CM22
£1,75005/240.08 miBaddow Road, Chelmsford, CM22
£1,75004/240.08 miBaddow Road, Chelmsford, CM2N/A
£1,75004/240.08 mi-2
£1,75005/240.08 mi-2
£1,75003/250.08 mi-2
£1,22504/240.08 miSearle Close, Chelmsford2
£1,27504/240.09 miBaddow Road, Chelmsford2
£1,27505/240.09 miBaddow Road, Chelmsford2
£1,40002/250.12 mi-2
£1,10010/230.17 miGoodwin Close, Great Baddow, Chelmsford2
£1,30005/240.17 miGoodwin Close, CM22
£1,20004/240.22 miBaddow Road, Chelmsford2
£1,30004/240.22 miBaddow Road, Chelmsford2
£1,45003/240.23 miWallace Crescent, Chelmsford, CM22
£1,10003/240.23 miMeadgate Avenue, CM22
£1,40003/240.24 miLea Court, Baddow Road2
£1,40003/240.24 miLea Court, Baddow Road2
£1,50004/250.35 mi-2
£1,29503/240.36 miAsh Grove, Chelmsford, Essex, CM22
£1,50002/240.43 mi-2
£1,50002/250.43 mi-2
£1,09503/240.44 miAmcotes Place, CM22
£1,50003/250.44 mi-2
£1,25004/250.5 mi-2
£1,38501/240.54 mi-2
£1,49004/240.55 miWharf Road, Chelmsford, Essex, CM22
£1,49003/240.55 miWharf Road, Chelmsford, Essex, CM22
£1,44504/240.55 miWharf Road, One Canalside, Chelmsford, CM22
£1,66204/240.55 miWharf Road, Chelmsford, Essex, CM22
£1,47504/240.55 miWharf Road, Chelmsford, Essex, CM22
£1,45503/240.55 miWharf Road, Chelmsford, Essex, CM22
£1,46004/240.55 miWharf Road, Chelmsford, Essex, CM22
£1,46004/240.55 miWharf Road, Chelmsford, Essex, CM22
£1,55504/240.55 miWharf Road, Chelmsford, Essex, CM22
£1,55504/240.55 miWharf Road, Chelmsford, Essex, CM22
£1,50504/240.55 miWharf Road, Chelmsford, Essex, CM22
£1,48504/240.55 miWharf Road, Chelmsford, Essex, CM22
£1,47004/240.55 miWharf Road, Chelmsford, Essex, CM22
£1,44504/240.55 miWharf Road, Chelmsford, Essex, CM22
£1,50504/240.55 miWharf Road, Chelmsford, Essex, CM22
£1,48504/240.55 miWharf Road, Chelmsford, Essex, CM22
£1,48505/240.55 miWharf Road, Chelmsford, Essex, CM22
£1,35001/250.56 mi-2
£1,25003/240.56 miBurwood Court, Goldlay Avenue2
£1,55004/240.58 miArmstrong Gibbs Court, The Causeway, Chelmsford, Essex, CM22

Local Area Statistics

Population in CM2

58,244

Population in Chelmsford

174,693

Town centre distance

1.50 miles away

Nearest school

0.40 miles away

Nearest train station

1.35 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £350,000

February 14, 2025

Floor Plans

Description

  • QUOTE CC0810 WHEN CALLING TO VIEW +
  • Two double bedrooms +
  • Fabulous location +
  • Great sized garden +
  • Beautifully decorated +
  • Two reception rooms +
  • Perfect for first time buyers! +
  • Chelmsford Railway Station just ½ mile away +

**QUOTE CC0810 WHEN CALLING TO VIEW ** Guide price of £350,000 to £360,000 Welcome to your first home! This recently redecorated two bedroom terraced house combines period charm with modern living, perfectly situated in a sought after location. Imagine being just a short stroll away from Chelmsford city centre and the railway station, making commutes to London, socialising and shopping trips a breeze. Downstairs, you will find a cosy front reception room, perfect for dining, relaxing or catching up with friends and family. The rear of the house opens into a bright and airy lounge and open-plan kitchen. This modern kitchen is a dream for any home cook, complete with integrated appliances, including an induction hob and fan oven, ready for creating delicious meals. Upstairs, the landing leads to a spacious master bedroom on the left, a second double bedroom on the right, and a large, stylish bathroom with both bath and shower.  Outside, a charming front garden overlooks Beehive Lane, while the large back garden offers a fantastic outdoor space. Envision summer evenings spent under the pergola, perfect for barbecues, relaxing with a glass of wine or simply enjoying the fresh air and unwinding.

Agent Details

eXp UK, East of England

03304 609968

Next Steps?

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