3 Bed Detached House, Planning Permission, Chelmsford, CM1 6ST, £425,000

Stirrup Close, Springfield, Essex, CM1 6ST - 2 views - 2 months ago

Sold STC
Planning
~93 m²
+18 photos

ValuationFair Value

Sold Prices£285K - £460K
Sold Prices/m²£1K/m² - £8.8K/m²

 

 

Square Metres

~93 m²
Price/m²£4.6K/m²

Value Estimate

£426,361

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£22,700

Total Cash In

£128,950

 

 

Cash Out

 

Rent Range

£1,350 - £2,300

Rent Estimate

£1,381

Running Costs/mo

£1,624

Cashflow/mo

£-243

Cashflow/yr

£-2,920

Gross Yield

4%

Local Sold Prices

50 sold prices from £285K to £460K, average is £369K. £1K/m² to £8.8K/m², average is £4.6K/m².

PriceDateDistanceAddressBeds 
£368K02/210.04 mi59, Carriage Drive, Chelmsford, Essex CM1 6UY3
£353K08/210.08 mi17, Paddock Drive, Chelmsford, Essex CM1 6SS3
£450K06/230.08 mi47, Paddock Drive, Chelmsford, Essex CM1 6UX3
£290K05/230.11 miAspen, Crocus Way, Chelmsford, Essex CM1 6XJ3
£370K05/230.11 mi79, Crocus Way, Chelmsford, Essex CM1 6XJ3
£380K04/230.12 mi27, Harness Close, Chelmsford, Essex CM1 6UU3
£307K02/210.12 mi18, Tulip Close, Chelmsford, Essex CM1 6XA3
£340K03/210.13 mi4, Churchill Rise, Chelmsford, Essex CM1 6FD3
£310K12/200.14 mi9, Jasmine Close, Chelmsford, Essex CM1 6XL3
£422K12/200.14 mi23, Croft Court, Chelmsford, Essex CM1 6UQ3
£310K02/230.14 mi50, Violet Close, Chelmsford, Essex CM1 6XG3
£338K03/210.15 mi34, Saddle Rise, Chelmsford, Essex CM1 6SX3
£410K06/230.15 mi9, Saddle Rise, Chelmsford, Essex CM1 6SX3
£365K03/230.15 mi21, Daffodil Way, Chelmsford, Essex CM1 6XB3
£285K05/210.15 mi6, Blacksmith Close, Springfield, Chelmsford, Essex CM1 6SY3
£370K06/230.16 mi3, Bluebell Green, Chelmsford, Essex CM1 6XF3
£395K11/200.16 mi34, Blacksmith Close, Springfield, Chelmsford, Essex CM1 6SY3
£310K03/210.16 mi23, Mountbatten Way, Chelmsford, Essex CM1 6FE3
£342K03/230.16 mi23, Mountbatten Way, Chelmsford, Essex CM1 6FE3
£418K12/220.17 mi12, Belmont Close, Chelmsford, Essex CM1 6UT3
£362.5K06/210.19 mi21, Forefield Green, Chelmsford, Essex CM1 6YU3
£389.8K05/230.19 mi30, Stablecroft, Chelmsford, Essex CM1 6YX3
£422.5K01/230.19 mi11, North Dell, Chelmsford, Essex CM1 6UP3
£323K09/210.2 mi37, Daffodil Way, Chelmsford, Essex CM1 6XB3
£365K11/210.2 mi57, Daffodil Way, Chelmsford, Essex CM1 6XE3
£420K06/230.22 mi12, Gaiger Close, Chelmsford, Essex CM1 6UR3
£365K11/200.27 mi95, Beardsley Drive, Chelmsford, Essex CM1 6GJ3
£410K08/210.3 mi20, Rembrandt Grove, Chelmsford, Essex CM1 6GH3
£420K12/220.31 mi8, Briarswood, Chelmsford, Essex CM1 6UH3
£348K01/210.34 mi23, Rubens Gate, Chelmsford, Essex CM1 6GW3
£415K03/210.34 mi61, Rubens Gate, Chelmsford, Essex CM1 6GW3
£428.5K07/230.34 mi2, Eridge Close, Chelmsford, Essex CM1 6TS3
£345K04/210.36 mi60, Bonington Chase, Chelmsford, Essex CM1 6GB3
£330K04/230.36 mi28, Ashurst Drive, Chelmsford, Essex CM1 6TN3
£380K03/210.37 mi75, Albemarle Link, Springfield, Chelmsford, Essex CM1 6AH3
£415K01/230.38 mi19, Rubens Gate, Chelmsford, Essex CM1 6GW3
£460K12/220.42 mi56, Sidmouth Road, Chelmsford, Essex CM1 6LS3
£380K12/200.45 mi20, Downsway, Chelmsford, Essex CM1 6TU3
£385K06/210.45 mi9, Totnes Walk, Chelmsford, Essex CM1 6LU3
£365K06/210.49 mi16, Braganza Way, Springfield, Chelmsford, Essex CM1 6AP3
£370K06/210.49 mi13, Mimosa Close, Chelmsford, Essex CM1 6NW3
£372K02/210.51 mi51, Ratcliffe Gate, Springfield, Chelmsford, Essex CM1 6AL3
£286K05/210.51 mi83, Lupin Drive, Chelmsford, Essex CM1 6YJ3
£320K04/210.52 mi22, Lily Close, Chelmsford, Essex CM1 6YN3
£310K12/200.53 mi19, Petunia Crescent, Chelmsford, Essex CM1 6YP3
£400K03/210.54 mi4, Weymouth Road, Chelmsford, Essex CM1 6LW3
£310K12/200.54 mi19, Petunia Crescent, Chelmsford, Essex CM1 6YP3
£345K06/210.54 mi39, Petunia Crescent, Chelmsford, Essex CM1 6YP3
£415K12/220.54 mi11, Jacaranda Close, Chelmsford, Essex CM1 6NN3
£440K03/230.54 mi13, Jacaranda Close, Chelmsford, Essex CM1 6NN3

Local Rents

23 rents from £1.4K/mo to £2.3K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,80004/240.11 miPaddock Drive3
£1,65005/240.12 miHyacinth Court, Chelmsford3
£1,50011/230.15 miViolet Close, Chelmsford3
£1,75004/240.16 miBarn Green, Chelmsford, Essex, CM13
£1,65004/240.16 miBarn Green, Springfield, Chelmsford, CM1 6UG3
£1,62503/250.17 mi-3
£1,60004/240.19 miDaffodil Way, Chelmsford, CM13
£1,60005/240.19 mi-3
£1,69504/240.3 miVermeer Ride, CM13
£1,72504/240.31 miMayne Crest, Chelmsford3
£1,50003/240.36 miBonington Chase, Chelmsford, CM13
£1,80004/240.38 miDownsway, Chelmsford, CM13
£1,80004/240.38 mi-3
£2,30005/240.38 miWilliam Porter Close, Chelmsford, Essex3
£1,50003/240.44 miDownsway, Chelmsford, Essex, CM13
£2,10002/240.51 mi-3
£1,55003/240.51 miPetunia Crescent, Chelmsford, Essex3
£1,70012/240.51 miLupin Drive, Chelmsford3
£1,80003/250.52 mi-3
£2,15004/240.53 miSamuel Parish Link, Springfield, Chelmsford, Essex, CM13
£1,65001/250.54 mi-3
£1,40004/240.55 miPetunia Crescent, Chelmsford, CM13
£1,35003/240.6 miMarigold Close, Chelmsford, Essex, CM13

Local Area Statistics

Population in CM1

62,617

Population in Chelmsford

174,693

Town centre distance

1.86 miles away

Nearest school

0.20 miles away

Nearest train station

1.83 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £425,000

February 18, 2025

Floor Plans

Description

* GUIDE PRICE £425,000 - £450,000 *

* BEAUTIFUL DETACHED HOME

* PLANNING PERMISSION GRANTED TO ADD 4TH BEDROOM & EN SUITE

* PLANNING REFERENCE: 18/01524/FUL

* DECORATED TO AN EXCELLENT STANDARD

* THREE BEDROOMS

* 15' LOUNGE/DINER WITH UNDER FLOOR HEATING

* 15' KITCHEN

* 14' LEAN TO CONSERVATORY

* GROUND FLOOR CLOAKROOM

* 14’ BEDROOM ONE

* 11’ BEDROOM TWO

* 9’ BEDROOM THREE

* MODERN BATHROOM

* GREAT GARDEN FOR ALFRESCO ENTERTAINING

* GARAGE

* OFF STREET PARKING

* UNDER 2 MILES FROM CHELMSFORD STATION

* CONVENIENT FOR LOCAL AMENITIES

* WELL POSITIONED FOR:
SPRINGFIELD PRIMARY SCHOOL
THE BEAULIEU PARK SCHOOL
THE BISHOPS' C OF E & RC SCHOOL

*Secure agreement in place

Council Tax Band: D

Agent Details

Balgores, Chelmsford

01245 945679

Next Steps?

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