3 Bed Terraced House, Planning Permission, Chelmsford, CM1 6LB, £350,000

Canvey Walk, Springfield, CM1 6LB 6 - 1 views - 2 months ago

Sold STC
Planning
~93 m²
+22 photos

ValuationUndervalued

Sold Prices£285K - £485K
Sold Prices/m²£3.3K/m² - £6.2K/m²

 

 

Square Metres

~93 m²
Price/m²£3.8K/m²

Value Estimate

£399,559
BMV14%

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£23,700

Total Cash In

£111,200

 

 

Cash Out

 

Rent Range

£1,350 - £1,800

Rent Estimate

£1,394

Running Costs/mo

£1,393

Cashflow/mo

£1

Cashflow/yr

£17

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £285K to £485K, average is £351.5K. £3.3K/m² to £6.2K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£370K06/210.08 mi14, Rushleydale, Chelmsford, Essex CM1 6JX3
£286K05/210.1 mi83, Lupin Drive, Chelmsford, Essex CM1 6YJ3
£375K05/210.11 mi28, Great Cob, Chelmsford, Essex CM1 6LA3
£380K12/220.11 mi48, Great Cob, Chelmsford, Essex CM1 6LA3
£370K06/230.12 mi35, Havengore, Chelmsford, Essex CM1 6JP3
£365K03/210.15 mi26, Havengore, Chelmsford, Essex CM1 6JR3
£305K11/200.15 mi34, Havengore, Chelmsford, Essex CM1 6JR3
£460K12/220.15 mi56, Sidmouth Road, Chelmsford, Essex CM1 6LS3
£320K04/210.15 mi22, Lily Close, Chelmsford, Essex CM1 6YN3
£360K03/230.16 mi1, Iris Close, Chelmsford, Essex CM1 6XS3
£310K02/210.16 mi13, Iris Close, Chelmsford, Essex CM1 6XS3
£345K04/210.18 mi60, Bonington Chase, Chelmsford, Essex CM1 6GB3
£400K03/210.18 mi4, Weymouth Road, Chelmsford, Essex CM1 6LW3
£338K02/230.19 mi21, Marigold Close, Chelmsford, Essex CM1 6XU3
£425K12/220.2 mi17, Cornflower Drive, Chelmsford, Essex CM1 6XY3
£355K02/210.2 mi34, Wallasea Gardens, Chelmsford, Essex CM1 6JZ3
£340K04/210.2 mi18, Wallasea Gardens, Chelmsford, Essex CM1 6JZ3
£400K07/230.21 mi73, Wallasea Gardens, Chelmsford, Essex CM1 6JY3
£320K04/210.22 mi51, Candytuft Road, Chelmsford, Essex CM1 6YS3
£333K01/210.22 mi21, Candytuft Road, Chelmsford, Essex CM1 6YS3
£330K06/230.22 mi27, Candytuft Road, Springfield, Chelmsford, Essex CM1 6YS3
£342K06/210.22 mi57, Candytuft Road, Chelmsford, Essex CM1 6YS3
£285K06/210.22 mi1, Heather Court, Chelmsford, Essex CM1 6YQ3
£355K12/200.24 mi26, Plymouth Road, Chelmsford, Essex CM1 6JG3
£320K09/210.25 mi2, Lavender Court, Chelmsford, Essex CM1 6YH3
£410K08/210.25 mi20, Rembrandt Grove, Chelmsford, Essex CM1 6GH3
£310K12/200.27 mi19, Petunia Crescent, Chelmsford, Essex CM1 6YP3
£345K06/210.27 mi39, Petunia Crescent, Chelmsford, Essex CM1 6YP3
£310K12/200.27 mi19, Petunia Crescent, Chelmsford, Essex CM1 6YP3
£385K06/210.27 mi9, Totnes Walk, Chelmsford, Essex CM1 6LU3
£307.5K12/200.29 mi20, Candytuft Road, Chelmsford, Essex CM1 6YS3
£485K04/230.3 mi39, Tavistock Road, Springfield, Chelmsford, Essex CM1 6JN3
£365K11/200.31 mi95, Beardsley Drive, Chelmsford, Essex CM1 6GJ3
£305K11/210.36 mi27, Oxford Court, Chelmsford, Essex CM2 6AX3
£300K12/200.36 mi12, Oxford Court, Chelmsford, Essex CM2 6AX3
£337.1K02/210.36 mi103, Petunia Crescent, Chelmsford, Essex CM1 6YR3
£372K03/230.36 mi73, Petunia Crescent, Chelmsford, Essex CM1 6YR3
£365K11/210.37 mi57, Daffodil Way, Chelmsford, Essex CM1 6XE3
£300K02/210.38 mi20, Primula Way, Chelmsford, Essex CM1 6QT3
£335K04/210.38 mi409a, Springfield Road, Chelmsford, Essex CM2 6AW3
£405K03/210.38 mi1, Robert Close, Chelmsford, Essex CM2 6FJ3
£370K06/230.39 mi3, Bluebell Green, Chelmsford, Essex CM1 6XF3
£395K12/200.39 mi46, Torquay Road, Chelmsford, Essex CM1 6NG3
£348K01/210.4 mi23, Rubens Gate, Chelmsford, Essex CM1 6GW3
£415K03/210.4 mi61, Rubens Gate, Chelmsford, Essex CM1 6GW3
£310K02/230.4 mi50, Violet Close, Chelmsford, Essex CM1 6XG3
£415K01/230.4 mi19, Rubens Gate, Chelmsford, Essex CM1 6GW3
£370K06/210.41 mi13, Mimosa Close, Chelmsford, Essex CM1 6NW3
£323K09/210.43 mi37, Daffodil Way, Chelmsford, Essex CM1 6XB3
£440K03/230.43 mi13, Jacaranda Close, Chelmsford, Essex CM1 6NN3

Local Rents

33 rents from £1.4K/mo to £1.8K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,65001/250.06 mi-3
£1,70012/240.1 miLupin Drive, Chelmsford3
£1,50003/240.18 miBonington Chase, Chelmsford, CM13
£1,35003/240.19 miMarigold Close, Chelmsford, Essex, CM13
£1,75004/250.23 mi-3
£1,55003/240.26 miPetunia Crescent, Chelmsford, Essex3
£1,40004/240.26 miPetunia Crescent, Chelmsford, CM13
£1,55002/250.27 mi-3
£1,72504/240.29 miMayne Crest, Chelmsford3
£1,60004/240.3 miTavistock Road, Springfield, Chelmsford, CM1 6JL3
£1,70003/250.32 mi-3
£1,65004/240.34 mi-3
£1,60004/240.34 miFoxglove Way, Chelmsford, Essex, CM13
£1,50004/240.35 miExeter Road, CM13
£1,45002/240.36 mi-3
£1,62503/250.37 mi-3
£1,80003/250.38 mi-3
£1,60005/240.39 mi-3
£1,70004/250.39 mi-3
£1,50011/230.39 miViolet Close, Chelmsford3
£1,69504/240.4 miVermeer Ride, CM13
£1,60004/240.4 miDaffodil Way, Chelmsford, CM13
£1,60005/240.4 mi-3
£1,65005/240.42 miHyacinth Court, Chelmsford3
£1,80004/240.44 miDownsway, Chelmsford, CM13
£1,80004/240.44 mi-3
£1,50003/240.48 miDownsway, Chelmsford, Essex, CM13
£1,80004/240.53 miPaddock Drive3
£1,70001/250.55 mi-3
£1,45004/240.58 miDukes Lane, CM23
£1,70002/250.59 mi-3
£1,70003/250.59 mi-3
£1,70004/250.59 mi-3

Local Area Statistics

Population in CM1

62,617

Population in Chelmsford

174,693

Town centre distance

1.60 miles away

Nearest school

0.20 miles away

Nearest train station

1.53 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £350,000

February 28, 2025

Floor Plans

Description

Situated on a desirable corner plot, this three-bedroom semi-detached home offers excellent potential to extend (subject to planning permission). The property benefits from a garage and off-street parking, with a spacious garden wrapping around the side.

Located just a short walk from local shops and amenities, the home is also within walking distance of Tyrrells and Bishops Primary Schools, as well as Boswells and Beaulieu Park Secondary Schools – making it ideal for families. The upcoming Beaulieu Park Train Station will provide direct links to London Liverpool Street, while the nearby A12 offers excellent road access.

With scope to create a bespoke family home in a sought-after location, this property presents a fantastic opportunity.

Early viewing is highly recommended!

*Please note: Some of these photos have been virtually staged with AI

Porch - 4' x 9'2
Hall
Lounge / Diner - 24' x 11'8 (max)
Garage - 16' x 8'
Kitchen - 11'8 x 8'
Conservatory - 18'9 x 6'
Garden

Landing
Bedroom 3 - 8'9 x 8'
Bedroom 2 - 15' x 8'
Bathroom - 8' x 5'7
WC - 5'7 x 3'6
Bedroom 1 - 11'9 x 11'9

Agent Details

Beaulieu Estates Limited, Chelmsford

01245 945856

Next Steps?

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