3 Bed Terraced House, Planning Permission, Chelmsford, CM1 2TF, £450,000

Waterhouse Lane, Chelmsford, Essex, CM1 2TF - 1 views - a month ago

Planning
~93 m²
+9 photos

ValuationOvervalued

Sold Prices£265K - £820K
Sold Prices/m²£2.5K/m² - £9.6K/m²

 

 

Square Metres

~93 m²
Price/m²£4.8K/m²

Value Estimate

£385,610

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£36,200

Total Cash In

£148,700

 

 

Cash Out

 

Rent Range

£1,550 - £1,900

Rent Estimate

£1,550

Running Costs/mo

£1,736

Cashflow/mo

£-186

Cashflow/yr

£-2,235

Gross Yield

4%

Local Sold Prices

50 sold prices from £265K to £820K, average is £394.5K. £2.5K/m² to £9.6K/m², average is £4.1K/m².

PriceDateDistanceAddressBeds 
£300K05/210.01 mi4, Waterhouse Lane, Chelmsford, Essex CM1 2TF3
£385K06/230.04 mi74, Waterhouse Street, Chelmsford, Essex CM1 2TZ3
£545K03/230.04 mi75, Waterhouse Street, Chelmsford, Essex CM1 2TZ3
£450K01/210.04 mi75, Waterhouse Street, Chelmsford, Essex CM1 2TZ3
£458K01/230.06 mi27, Waterhouse Street, Chelmsford, Essex CM1 2TY3
£520K11/200.08 mi90, Writtle Road, Chelmsford, Essex CM1 3BU3
£292K02/210.1 mi11, Delamere Road, Chelmsford, Essex CM1 2TG3
£345K01/230.11 mi40, Charnwood Avenue, Chelmsford, Essex CM1 2TQ3
£265K04/210.18 mi27, Savernake Road, Chelmsford, Essex CM1 2TJ3
£304K06/210.22 mi8, Windsor Way, Chelmsford, Essex CM1 2TN3
£330K06/210.22 mi6, Windsor Way, Chelmsford, Essex CM1 2TN3
£350K03/210.24 mi2, Robjohns Road, Chelmsford, Essex CM1 3AF3
£590K06/210.27 mi119, Writtle Road, Chelmsford, Essex CM1 3BP3
£325K02/230.29 mi39, Hainault Grove, Chelmsford, Essex CM1 2TP3
£427.5K03/210.29 mi29, Dane Road, Chelmsford, Essex CM1 2SS3
£427.5K05/230.32 mi94, Upper Bridge Road, Chelmsford, Essex CM2 0BA3
£475K12/220.32 mi86, Upper Bridge Road, Chelmsford, Essex CM2 0BA3
£445K03/230.35 mi77, Ravensbourne Drive, Chelmsford, Essex CM1 2SL3
£273.3K02/230.36 mi29, Ashtree Crescent, Chelmsford, Essex CM1 2RP3
£305K12/200.36 mi2, Ashtree Crescent, Chelmsford, Essex CM1 2RP3
£320K04/230.37 mi10, Dean Way, Chelmsford, Essex CM1 3DB3
£340K04/230.37 mi1, Rothbury Road, Chelmsford, Essex CM1 3DD3
£405K12/200.37 mi8, Ashford Road, Chelmsford, Essex CM1 2ST3
£450K06/230.37 mi163, Upper Bridge Road, Chelmsford, Essex CM2 0BB3
£315K12/220.38 mi14, Rothbury Road, Chelmsford, Essex CM1 3DE3
£310K08/210.44 mi38, Hatfield Grove, Chelmsford, Essex CM1 3DF3
£447.5K06/210.45 mi36, Beeches Crescent, Chelmsford, Essex CM1 2FU3
£324K08/210.45 mi35, Hatfield Grove, Chelmsford, Essex CM1 3DF3
£280.5K03/210.45 mi14, Hatfield Grove, Chelmsford, Essex CM1 3DF3
£425K11/220.45 mi5, Bradford Street, Chelmsford, Essex CM2 0BG3
£410K11/200.45 mi9, Abbess Close, Chelmsford, Essex CM1 2SE3
£460K04/230.45 mi9, Abbess Close, Chelmsford, Essex CM1 2SE3
£405K12/200.46 mi11, Beeches Road, Chelmsford, Essex CM1 2RS3
£370K04/230.46 mi49, Lower Anchor Street, Chelmsford, Essex CM2 0AT3
£404K07/230.46 mi9, Bradford Street, Chelmsford, Essex CM2 0BG3
£575K12/220.47 mi2a, Southborough Road, Chelmsford, Essex CM2 0AQ3
£310K11/200.47 mi4, Beeches Road, Chelmsford, Essex CM1 2RS3
£427K04/210.47 mi6, Falcons Mead, Chelmsford, Essex CM2 0NN3
£515K02/230.48 mi2, Ravensbourne Drive, Chelmsford, Essex CM1 2SJ3
£312.5K11/210.5 mi10, Hart Street, Chelmsford, Essex CM2 0RY3
£442.5K11/200.5 mi192, Beeches Road, Chelmsford, Essex CM1 2SA3
£293K05/210.5 mi97, Lower Anchor Street, Chelmsford, Essex CM2 0AU3
£535K02/230.52 mi121, Beeches Road, Chelmsford, Essex CM1 2SA3
£332K03/210.55 mi51, Baker Street, Chelmsford, Essex CM2 0SA3
£340K11/210.56 mi95, Coval Lane, Chelmsford, Essex CM1 1TQ3
£500K02/230.6 mi24, Rothesay Avenue, Chelmsford, Essex CM2 9BU3
£820K03/210.62 miFircroft, Links Drive, Chelmsford, Essex CM2 9AW3
£340K04/210.63 mi95, Moulsham Street, Chelmsford, Essex CM2 0JF3
£315K02/210.67 mi28, Cramphorn Walk, Chelmsford, Essex CM1 2RD3
£710K06/210.67 mi55, Vicarage Road, Chelmsford, Essex CM2 9BT3

Local Rents

17 rents from £1.6K/mo to £1.9K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,85003/240.08 miWrittle Road, Chelmsford, CM13
£1,75005/240.18 miParkinson Drive, Chelmsford, CM1 3GU3
£1,60009/230.31 mi-3
£1,75004/240.31 miMilburn Crescent, CHELMSFORD3
£1,75005/240.31 miMilburn Crescent, CHELMSFORD3
£1,65002/240.31 mi-3
£1,72503/250.31 mi-3
£1,60008/230.34 mi-3
£1,65001/240.41 mi-3
£1,55004/240.41 mi-3
£1,55004/240.41 miUpper Bridge Road, Chelmsford, CM23
£1,55003/250.41 mi-3
£1,60004/240.44 miOngar Road, Writtle3
£1,90002/240.54 mi-3
£1,55002/250.58 mi-3
£1,69505/240.61 miRedcliffe Road, CHELMSFORD3
£1,69512/240.61 miRedcliffe Road, CHELMSFORD3

Local Area Statistics

Population in CM1

62,617

Population in Chelmsford

174,693

Town centre distance

0.83 miles away

Nearest school

0.40 miles away

Nearest train station

0.87 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Price changed to £450,000

March 12, 2025

Listed for £475,000

March 3, 2025

Floor Plans

Description

* GREATLY EXTENDED END OF TERRACE HOME

* THREE BEDROOMS

* PLANNING PERMISSION GRANTED FOR EXTENSION

* PLANNING PERMISSION GRANTED FOR INTEGRAL ANNEX WITH OWN FRONT DOOR

* 13'8" KITCHEN/BREAKFAST AREA

* 6'5" UTILITY ROOM

* 12'8" LOUNGE/DINER

* GROUND FLOOR SHOWER ROOM

* 11'3" BEDROOM

* 11'2" BEDROOM

* 8'2" BEDROOM

* FAMILY BATHROOM

* GARDEN

* OFF STREET PARKING

* 24'3" GARAGE

The property benefits from excellent transport links, Chelmsford train station 0.9 mile away, offering direct services into London Liverpool Street. The house is also close to local shops, schools such as GCHS & KEGGS, and parks, making it an excellent location for families.

Council Tax Band: C

*Being sold with Balgores secure reservation*

Agent Details

Balgores, Chelmsford

01245 945679

Next Steps?

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