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2 Bed Flat, Single Let, Chelmsford, CM1 4DD, £265,000





ValuationOvervalued
Sold Prices | £172K - £285K |
Sold Prices/m² | £2.7K/m² - £4.7K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £3.9K/m² |
Value Estimate | £257,541 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £66,250 |
Stamp Duty & Legal Fees | £9,900 |
Total Cash In | £76,150 |
| |
Cash Out | |
Rent Range | £995 - £1,600 |
Rent Estimate | £1,113 |
Running Costs/mo | £1,071 |
Cashflow/mo | £42 |
Cashflow/yr | £507 |
ROI | 1% |
Gross Yield | 5% |
Local Sold Prices
31 sold prices from £172K to £285K, average is £218K. £2.7K/m² to £4.7K/m², average is £3.8K/m².
Local Rents
20 rents from £995/mo to £1.6K/mo, average is £1.3K/mo.
Local Area Statistics
Population in CM1 | 62,617 |
Population in Chelmsford | 174,693 |
Town centre distance | 1 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 1.07 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +18% |
Sales demand | Balanced market |
Capital growth (5yrs) | +11% |
Property History
Listed for £265,000
February 25, 2025
Floor Plans

Description
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