2 Bed Flat, Planning Permission, Chelmsford, CM2 0DD, £210,000

49 Baddow Road, Chelmsford, CM2 0DD - 3 views - 2 months ago

Leasehold
Planning
ROI: 2%
47 m²
+8 photos

ValuationOvervalued

Sold Prices£85K - £385K
Sold Prices/m²£1.9K/m² - £5.5K/m²

 

 

Square Metres

47 m²
Price/m²£4.5K/m²

Value Estimate

£187,319

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£7,500

Total Cash In

£60,000

 

 

Cash Out

 

Rent Range

£950 - £2,050

Rent Estimate

£984

Running Costs/mo

£873

Cashflow/mo

£111

Cashflow/yr

£1,331

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £85K to £385K, average is £233.8K. £1.9K/m² to £5.5K/m², average is £4K/m².

PriceDateDistanceAddressBeds 
£245K02/210.08 mi11, Lynmouth Gardens, Chelmsford, Essex CM2 0UH2
£245K02/210.08 mi11, Lynmouth Gardens, Chelmsford, Essex CM2 0UH2
£195K08/210.14 miFlat 24, Burwood Court, Goldlay Avenue, Chelmsford, Essex CM2 0TW2
£190K03/210.14 miFlat 1, Burwood Court, Goldlay Avenue, Chelmsford, Essex CM2 0TW2
£232.5K07/230.14 miFlat 16, Burwood Court, Goldlay Avenue, Chelmsford, Essex CM2 0TW2
£320K06/230.2 mi85, Wharf Road, Chelmsford, Essex CM2 6FS2
£270K11/200.21 mi85, Wharf Road, Chelmsford, Essex CM2 6FS2
£215K03/230.25 mi172, Baddow Road, Chelmsford, Essex CM2 9QW2
£254K11/210.26 mi42, Wharf Road, Chelmsford, Essex CM2 6LU2
£300K03/210.26 mi48, Lockside Marina, Chelmsford, Essex CM2 6HF2
£242.5K11/210.26 mi4, Coates Quay, Chelmsford, Essex CM2 6HU2
£260K02/230.26 mi18, Coates Quay, Chelmsford, Essex CM2 6HU2
£252.5K02/210.27 mi75, Lockside Marina, Chelmsford, Essex CM2 6HF2
£140K07/210.31 mi62, Godfreys Mews, Chelmsford, Essex CM2 0XE2
£385K06/230.37 mi89, Bond Street, Chelmsford, Essex CM1 1GD2
£280K09/210.37 mi3, County Place, Chelmsford, Essex CM2 0RF2
£160K12/200.38 miFlat 201, Balmoral Court, Springfield Road, Chelmsford, Essex CM2 6JQ2
£215K07/230.39 mi21, Amcotes Place, Chelmsford, Essex CM2 9HZ2
£220K12/200.43 mi53, Hill Road, Chelmsford, Essex CM2 6HP2
£275K03/210.44 mi34, Hayes Close, Chelmsford, Essex CM2 0RN2
£240K10/210.47 miFlat 4, King George Court, Moulsham Street, Chelmsford, Essex CM2 0JE2
£232K05/210.48 mi82, Stapleford Close, Chelmsford, Essex CM2 0QX2
£232K05/210.49 mi82, Stapleford Close, Chelmsford, Essex CM2 0QX2
£250K06/210.49 mi98, Stapleford Close, Chelmsford, Essex CM2 0QX2
£225K04/210.49 mi24, Burghley Way, Chelmsford, Essex CM2 9LQ2
£230K12/200.49 mi44, Burghley Way, Chelmsford, Essex CM2 9LQ2
£250K07/230.5 mi92a, Moulsham Street, Chelmsford, Essex CM2 0JF2
£235K01/230.51 mi10, Waterson Vale, Chelmsford, Essex CM2 9PB2
£215K01/230.52 mi47, Stapleford Close, Chelmsford, Essex CM2 0RB2
£223K11/210.52 mi38, Stapleford Close, Chelmsford, Essex CM2 0RB2
£247.5K01/230.54 mi5, Goodwin Close, Chelmsford, Essex CM2 9GX2
£237K06/210.54 mi21, Goodwin Close, Chelmsford, Essex CM2 9GX2
£215K02/230.56 mi14, Abbotts Place, Chelmsford, Essex CM2 6RD2
£313K06/210.61 miFlat 31, Callow Court, Seymour Street, Chelmsford, Essex CM2 0RW2
£310K05/230.61 miFlat 56, Callow Court, Seymour Street, Chelmsford, Essex CM2 0RW2
£320K07/230.61 miFlat 47, Callow Court, Seymour Street, Chelmsford, Essex CM2 0RW2
£225K12/220.62 mi114, Chelwater, Great Baddow, Chelmsford, Essex CM2 7UR2
£107.5K12/200.62 mi6, Searle Close, Chelmsford, Essex CM2 9GB2
£325K01/230.63 miFlat 32, Callow Court, Seymour Street, Chelmsford, Essex CM2 0RW2
£85K06/210.64 miFlat 4, Fenton Court, Burgess Springs, Chelmsford, Essex CM1 1HW2
£237.5K09/210.64 mi17, Searle Close, Chelmsford, Essex CM2 9GB2
£120K05/230.64 mi1, Searle Close, Chelmsford, Essex CM2 9GB2
£225K12/220.64 mi134, Chelwater, Great Baddow, Chelmsford, Essex CM2 7UR2
£197.5K06/210.64 mi126, Chelwater, Great Baddow, Chelmsford, Essex CM2 7UR2
£201K08/210.64 mi132, Chelwater, Great Baddow, Chelmsford, Essex CM2 7UR2
£222.5K03/230.64 mi120, Chelwater, Great Baddow, Chelmsford, Essex CM2 7UR2
£203K02/210.65 mi26, Gerard Gardens, Chelmsford, Essex CM2 9GD2
£207.5K05/230.65 mi66, Haig Court, Chelmsford, Essex CM2 0BJ2
£307.5K07/230.65 mi30, Bradford Street, Chelmsford, Essex CM2 0FJ2
£285K04/210.66 mi102, Watson Heights, Chelmsford, Essex CM1 1AF2

Local Rents

50 rents from £950/mo to £2K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,10004/240.01 miParkway House, 49 Baddow Road, CM22
£1,25003/240.01 miParkway House2
£1,30003/250.06 mi-2
£1,40003/240.09 miLynmouth Avenue, Chelmsford2
£1,25003/240.14 miBurwood Court, Goldlay Avenue2
£1,40005/240.14 miMildmay Road, Chelmsford2
£1,37505/240.15 mi-2
£1,20003/250.16 mi-2
£1,60005/240.17 miWharf road, Chelmsford2
£1,65004/240.18 miWharf road, Chelmsford2
£1,30003/240.18 miMildmay Road, Chelmsford, CM22
£95003/240.18 miBaddow Road, CM22
£1,75004/240.19 mi236 Wharf Road, CM22
£2,05010/230.2 miWharf Road, Chelmsford2
£1,59504/240.2 miThe Waterfront, Wharf Road, Chelmsford2
£1,59504/240.2 miWharf Road, Chelmsford2
£1,15004/240.21 miMildmay Road, Old Moulsham, Chelmsford, Essex, CM2 0DZ2
£1,35004/240.21 miMoulsham Street, Chelmsford2
£1,20003/250.22 mi-2
£1,45004/240.22 miCanside, Chelmsford, CM12
£1,49504/240.22 miRoman Road, Old Moulsham, CM22
£1,39002/250.22 mi-2
£1,66204/240.23 miWharf Road, Chelmsford, Essex, CM22
£1,47504/240.23 miWharf Road, Chelmsford, Essex, CM22
£1,45503/240.23 miWharf Road, Chelmsford, Essex, CM22
£1,46004/240.23 miWharf Road, Chelmsford, Essex, CM22
£1,46004/240.23 miWharf Road, Chelmsford, Essex, CM22
£1,55504/240.23 miWharf Road, Chelmsford, Essex, CM22
£1,55504/240.23 miWharf Road, Chelmsford, Essex, CM22
£1,50504/240.23 miWharf Road, Chelmsford, Essex, CM22
£1,48504/240.23 miWharf Road, Chelmsford, Essex, CM22
£1,47004/240.23 miWharf Road, Chelmsford, Essex, CM22
£1,44504/240.23 miWharf Road, Chelmsford, Essex, CM22
£1,50504/240.23 miWharf Road, Chelmsford, Essex, CM22
£1,48504/240.23 miWharf Road, Chelmsford, Essex, CM22
£1,48505/240.23 miWharf Road, Chelmsford, Essex, CM22
£1,45003/240.23 miNavigation Road, Chelmsford2
£1,55005/240.23 miCressy Quay, Chelmsford2
£1,55005/240.24 miCressy Quay, Chelmsford, Essex, CM22
£1,47510/230.24 miSpringfield Basin, Chelmsford2
£1,25010/230.24 miSpringfield Basin, Wharf Road, Chelmsford, Essex, CM22
£99503/240.25 miMoulsham Street, Old Moulsham2
£1,30004/240.25 miOrchard Street, Chelmsford, CM22
£1,49004/240.26 miWharf Road, Chelmsford, Essex, CM22
£1,49003/240.26 miWharf Road, Chelmsford, Essex, CM22
£1,44504/240.26 miWharf Road, One Canalside, Chelmsford, CM22
£1,29503/240.26 miCoates Quay, Chelmsford, Essex, CM22
£1,19503/240.26 miCoates Quay, Chelmsford2
£1,27503/240.27 miLockside Marina, Chelmsford2
£1,42505/240.27 miLockside Marina, CHELMSFORD2

Local Area Statistics

Population in CM2

58,244

Population in Chelmsford

174,693

Town centre distance

0.81 miles away

Nearest school

0.50 miles away

Nearest train station

0.66 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £210,000

February 26, 2025

Floor Plans

Description

  • No onward chain +
  • Approximate 118 year lease remaining +
  • Two bedroom flat with secure intercom entry +
  • Ideal first time purchase or investment opportunity +
  • Modern decor throughout +
  • Close to railway station and City Centre +
  • Lift service to all floors +
  • Open plan lounge/kitchen, two well proportioned bedrooms and three piece shower room +

GUIDE PRICE £210,000 - £230,000
Two bedroom apartment found close to Chelmsford City Centre. Ideal for first time buyers or investment opportunity. Offered for sale with no onward chain. This modern apartment boasts a contemporary decor that enhances its inviting atmosphere, making it a delightful place to call home.

Upon entering, you are greeted by a welcoming entrance hall that leads to an open-plan lounge and kitchen area, ideal for both relaxation and entertaining. The layout is designed to maximise space and light, creating a warm and airy environment. The flat features two comfortable bedrooms, providing ample room. The three-piece shower room is stylishly appointed, ensuring convenience and comfort.

The property benefits from a lift service to all floors, making it easily accessible for all residents. Security is paramount, with a secure intercom entry system in place, offering peace of mind.

Situated conveniently close to the city centre and railway station, this location is perfect for those who appreciate the vibrancy of urban living while enjoying the tranquillity of a residential area. With no onward chain and approximately 118 years remaining on the lease, this flat is ready for you to move in and make it your own.

Do not miss this exceptional opportunity to secure a modern home in a prime location.

Enter the building via secure intercom entry system. Lift service to all floors.
Entrance hall gives access to all rooms. Storage cupboard.
Shower room comprises corner shower, vanity wash hand basin and WC. Part tiling to walls. Tiled flooring. Heated towel rail.
Bedroom one 11'2 x 9'7 double glazed window. Fitted sliding door wardrobe.
Bedroom two 11'2 x 7'2 double glazed window.

The heart of the home is the open plan lounge/kitchen 17'1 x 9'5 double glazed window. Wooden style flooring.
Kitchen offers two tone wall and base mounted units with matching storage drawers and under unit lighting. Work surfaces housing electric hob, oven and extractor hood to remain. Continuation of flooring.

Further Details:
Approximate length of lease: 118 years remaining.
Annual Ground Rent: £250.00
Monthly Service Charge: £138.88
Council Tax Band: C
Local Authority: Chelmsford

Disclaimer: Lease details, service charges, ground rent (where applicable) and council tax are given as a guide only and should be checked and confirmed by your solicitor prior to exchange of contracts.
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. All verification of property details should be made by your legal representative for the purchase of the property to ensure that all information including but not limited to; Tenure, lease information, parking facilities, planning permission and building regulations is accurate and correct.

The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as guide to prospective buyers only and are not precise.

Floorplans where included may not be to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.

Chelmsford is the perfect place for anyone who wants the best of both worlds. Hop on a train for 35 minutes and you're in Stratford or an extra 10 minutes and you're in Liverpool Street.
Visit the Historic Chelmsford Cathedral or have some quiet time in Central Park. Maybe enjoy an evening at any one of the fabulous restaurants and shops or grab some popcorn and watch a film.
Chelmsford is an ideal location for growing families, commuters, and the young at heart.

Agent Details

Colubrid, Chelmsford

01245 945929

Next Steps?

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