3 Bed Bungalow, Planning Permission, Chelmsford, CM1 4DQ, £550,000

Longleat Close, Chelmsford, CM1 4DQ - 1 views - 2 months ago

Planning
~93 m²
+12 photos

ValuationOvervalued

Sold Prices£220K - £560K
Sold Prices/m²£2.7K/m² - £7.5K/m²

 

 

Square Metres

~93 m²
Price/m²£5.9K/m²

Value Estimate

£393,919

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£137,500

Stamp Duty & Legal Fees

£32,700

Total Cash In

£170,200

 

 

Cash Out

 

Rent Range

£1,495 - £4,995

Rent Estimate

£1,631

Running Costs/mo

£2,065

Cashflow/mo

£-434

Cashflow/yr

£-5,207

Gross Yield

4%

Local Sold Prices

50 sold prices from £220K to £560K, average is £372.5K. £2.7K/m² to £7.5K/m², average is £4.2K/m².

PriceDateDistanceAddressBeds 
£450K11/210.06 mi70, Quilp Drive, Chelmsford, Essex CM1 4YD3
£310K06/210.14 mi231, Rutland Road, Chelmsford, Essex CM1 4BW3
£545K12/220.21 mi72, Kelvedon Close, Chelmsford, Essex CM1 4DG3
£310K02/210.21 mi78, Rutland Road, Chelmsford, Essex CM1 4BH3
£220K03/210.21 mi58, Rutland Road, Chelmsford, Essex CM1 4BH3
£300K07/230.24 mi97, Rutland Road, Chelmsford, Essex CM1 4BN3
£295K05/210.24 mi129, Rutland Road, Chelmsford, Essex CM1 4BN3
£275K11/200.25 mi53, Portreath Place, Chelmsford, Essex CM1 4DN3
£318K02/230.26 mi13, Woodhall Road, Chelmsford, Essex CM1 4AE3
£310K02/210.3 mi3, Rutland Road, Chelmsford, Essex CM1 4BL3
£300K02/210.31 mi40, Peggotty Close, Chelmsford, Essex CM1 4XU3
£320K07/230.31 mi37, Peggotty Close, Chelmsford, Essex CM1 4XU3
£430K01/210.33 mi54, Nalla Gardens, Chelmsford, Essex CM1 4AX3
£460K12/220.36 mi46, Berwick Avenue, Chelmsford, Essex CM1 4AS3
£315K05/210.37 mi16, Bounderby Grove, Chelmsford, Essex CM1 4XW3
£310K05/230.37 mi2, Berwick Avenue, Chelmsford, Essex CM1 4AR3
£387K12/200.38 mi32, Pentland Avenue, Chelmsford, Essex CM1 4AZ3
£405K03/230.39 mi16, Varden Close, Chelmsford, Essex CM1 4XS3
£375K05/210.39 mi53, Pentland Avenue, Chelmsford, Essex CM1 4AY3
£475K02/230.39 mi25, Pentland Avenue, Chelmsford, Essex CM1 4AY3
£377.5K08/210.42 mi47, Pentland Avenue, Chelmsford, Essex CM1 4AY3
£313K09/210.42 mi45, Flintwich Manor, Chelmsford, Essex CM1 4YP3
£415K04/230.44 mi19, Darrell Close, Chelmsford, Essex CM1 4EL3
£380K12/200.44 mi9, Hearsall Avenue, Chelmsford, Essex CM1 7DD3
£325K12/200.46 mi24, Coombe Rise, Chelmsford, Essex CM1 7DG3
£335K12/200.47 mi34, Coombe Rise, Broomfield, Chelmsford, Essex CM1 7DG3
£345.2K12/220.48 mi55, St Nazaire Road, Chelmsford, Essex CM1 2EG3
£390K11/210.48 mi14, St Nazaire Road, Chelmsford, Essex CM1 2EQ3
£382K06/230.48 mi90, Sunrise Avenue, Chelmsford, Essex CM1 4JP3
£380K12/220.48 mi86, Sunrise Avenue, Chelmsford, Essex CM1 4JP3
£450K05/230.49 mi11, Patching Hall Lane, Chelmsford, Essex CM1 4DH3
£450K06/210.5 mi234, Broomfield Road, Chelmsford, Essex CM1 4DY3
£305K09/210.52 mi66, Salerno Way, Chelmsford, Essex CM1 2EH3
£560K06/210.52 mi90, School Lane, Broomfield, Chelmsford, Essex CM1 7DS3
£400K06/210.53 mi71a, Main Road, Broomfield, Chelmsford, Essex CM1 7BU3
£355K06/210.53 mi67, Main Road, Broomfield, Chelmsford, Essex CM1 7BU3
£346K06/230.55 mi2, Arthur Court, Chelmsford, Essex CM1 4NE3
£370K03/230.55 mi26, Belvawney Close, Chelmsford, Essex CM1 4YR3
£540K02/230.56 mi6, St Marys Mead, Broomfield, Chelmsford, Essex CM1 7ZT3
£510K04/210.57 mi11, Seventh Avenue, Chelmsford, Essex CM1 4EE3
£453K06/210.57 mi6, Seventh Avenue, Chelmsford, Essex CM1 4EE3
£315K02/210.61 mi4, Longshots Close, Chelmsford, Essex CM1 7DX3
£358K06/210.61 mi140, Sunrise Avenue, Chelmsford, Essex CM1 4JR3
£345K04/230.61 mi150, Sunrise Avenue, Chelmsford, Essex CM1 4JR3
£500K06/210.62 mi67, Fifth Avenue, Chelmsford, Essex CM1 4HB3
£523K09/210.62 mi27, Fifth Avenue, Chelmsford, Essex CM1 4HB3
£300K06/230.63 mi146, West Avenue, Chelmsford, Essex CM1 2DF3
£318K02/230.63 mi98, West Avenue, Chelmsford, Essex CM1 2DF3
£555K06/210.63 mi42, Fifth Avenue, Chelmsford, Essex CM1 4HD3
£560K01/230.63 mi36, Fifth Avenue, Chelmsford, Essex CM1 4HD3

Local Rents

17 rents from £1.5K/mo to £5K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,95003/240.15 miQuilp Drive, Chelmsford3
£1,85004/240.27 miTapley Road, Chelmsford3
£1,65003/240.31 mi-3
£1,80004/240.34 miPipchin Road, Chelmsford3
£1,75003/240.42 miDarrell Close, Chelmsford, CM13
£1,70004/240.42 mi-3
£1,80005/240.44 miDarrell Close, Chelmsford3
£1,49503/240.44 miPatching Hall Lane, Courtlands, Chelmsford3
£3,99503/240.47 mi-3
£4,99503/250.47 mi-3
£1,75003/240.5 miBroomfield Road, Chelmsford3
£1,70004/240.5 miBroomfield Road, CM13
£1,65002/240.5 mi-3
£1,65003/240.5 miBarnfield Mews, Chelmsford, CM13
£1,65004/240.51 miBroomfield Road3
£1,70005/240.61 miSunrise Avenue, Chelmsford, CM13
£1,50004/240.61 miSunrise Avenue, Broomfield, Chelmsford3

Local Area Statistics

Population in CM1

62,617

Population in Chelmsford

174,693

Town centre distance

1.32 miles away

Nearest school

0.20 miles away

Nearest train station

1.41 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £550,000

February 18, 2025

Floor Plans

Description

  • CHAIN FREE +
  • Three Double Bedrooms +
  • Spacious Lounge +
  • Conservatory +
  • Detached Garage +
  • Large rear garden +
  • Potential to extend (STPP) +
  • Fitted Kitchen +
  • Quiet Cul-De-Sac +
  • Close to Local amenities +

A rare opportunity to acquire a Three bedroom detached bungalow nestled on a quiet cul-de-sac with potential to extend into the loft and rear (subject to planning permission).

The bungalow comprises of a front lounge, dining area, fitted kitchen, three bedrooms, conservatory leading to patio area. Versatile loft space and a bathroom suite with an additional W/C. Externally there is a welcoming front driveway with ample off street parking, a good sized rear garden provides a tranquil outdoor space with side access and a detached garage.
Longleat close is located near to local amenities, schools, and transport links, and presents a wonderful opportunity for those looking for a convenient and comfortable bungalow. Don't miss the chance to make this delightful bungalow your own.

Agent Details

Bungalow Homes, Mayfair

020 7299 1833

Next Steps?

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

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