3 Bed Terraced House, Planning Permission, Chelmsford, CM2 7QE, £290,000

Baddow Road., Chelmsford, CM2 7QE - 1 views - a month ago

Sold STC
Planning
ROI: 5%
~93 m²
+14 photos

ValuationUndervalued

Sold Prices£230K - £750K
Sold Prices/m²£2.6K/m² - £6.9K/m²

 

 

Square Metres

~93 m²
Price/m²£3.1K/m²

Value Estimate

£336,000
BMV20%

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£72,500

Stamp Duty & Legal Fees

£16,700

Total Cash In

£89,200

 

 

Cash Out

 

Rent Range

£1,550 - £2,300

Rent Estimate

£1,550

Running Costs/mo

£1,236

Cashflow/mo

£314

Cashflow/yr

£3,765

ROI

4%

Gross Yield

6%

Local Sold Prices

51 sold prices from £230K to £750K, average is £387.5K. £2.6K/m² to £6.9K/m², average is £4.4K/m².

PriceDateDistanceAddressBeds 
£525K12/200.04 mi12, Beehive Lane, Chelmsford, Essex CM2 9SX3
£390K04/230.14 mi33, Harberd Tye, Chelmsford, Essex CM2 9GH3
£400K02/230.15 mi15, Canford Close, Chelmsford, Essex CM2 9RG3
£350K03/210.16 mi276, Baddow Road, Chelmsford, Essex CM2 9QX3
£387.5K09/210.16 mi318, Baddow Road, Chelmsford, Essex CM2 9QX3
£305K05/210.16 mi48, Whitehouse Crescent, Chelmsford, Essex CM2 7LW3
£390K02/230.16 mi48, Whitehouse Crescent, Chelmsford, Essex CM2 7LW3
£300K03/230.16 mi50, Whitehouse Crescent, Chelmsford, Essex CM2 7LW3
£325K12/200.17 mi1, Spring Pond Close, Chelmsford, Essex CM2 7LX3
£302.5K01/210.18 mi319, Meadgate Avenue, Chelmsford, Essex CM2 7NL3
£290K10/210.18 mi343, Meadgate Avenue, Chelmsford, Essex CM2 7NL3
£495K12/220.19 mi18, Chelmerton Avenue, Chelmsford, Essex CM2 9RE3
£305K09/210.2 mi208, Meadgate Avenue, Chelmsford, Essex CM2 7LL3
£450K03/230.23 mi36, Beehive Lane, Chelmsford, Essex CM2 9TJ3
£350K01/210.23 mi175, Baddow Road, Chelmsford, Essex CM2 7PZ3
£312.5K02/210.24 mi24, Loftin Way, Chelmsford, Essex CM2 9TN3
£750K11/210.26 mi26, Chelmerton Avenue, Chelmsford, Essex CM2 9RF3
£550K08/210.26 mi45, Chelmerton Avenue, Chelmsford, Essex CM2 9RF3
£624K04/230.26 mi210, Baddow Road, Chelmsford, Essex CM2 9QR3
£300K01/210.27 mi38, Loftin Way, Chelmsford, Essex CM2 9TW3
£335K12/200.27 mi280, Meadgate Avenue, Chelmsford, Essex CM2 7LN3
£397.5K05/230.27 mi33, Loftin Way, Chelmsford, Essex CM2 9TP3
£390K04/210.28 mi2, Chilton Close, Chelmsford, Essex CM2 9TU3
£475K09/210.28 mi9, Longfield Road, Chelmsford, Essex CM2 7QH3
£480K01/210.29 mi8, Dorset Avenue, Chelmsford, Essex CM2 9TZ3
£310K09/210.3 mi35, Meadgate Avenue, Chelmsford, Essex CM2 7NF3
£442.5K03/210.31 mi48, Beehive Lane, Chelmsford, Essex CM2 9RP3
£320K04/210.31 mi12, Longmore Avenue, Chelmsford, Essex CM2 7NT3
£367K06/210.32 mi23, Meadgate Avenue, Chelmsford, Essex CM2 7ND3
£500K12/210.32 mi35, Wallace Crescent, Chelmsford, Essex CM2 9QL3
£390K12/200.32 mi6, Wallace Crescent, Chelmsford, Essex CM2 9QL3
£465K04/210.33 mi4, Longmead Avenue, Great Baddow, Chelmsford, Essex CM2 7EE3
£465K04/210.33 mi4, Longmead Avenue, Great Baddow, Chelmsford, Essex CM2 7EE3
£450K06/210.33 mi8, Oldbury Avenue, Chelmsford, Essex CM2 7EB3
£230K02/210.35 mi39, Dorset Avenue, Chelmsford, Essex CM2 9UA3
£345K03/210.36 mi139, Baddow Road, Chelmsford, Essex CM2 7PY3
£500K01/230.37 mi5, Langdale Gardens, Chelmsford, Essex CM2 9QH3
£387.5K12/220.41 mi181, Gloucester Avenue, Chelmsford, Essex CM2 9DX3
£357.5K12/200.41 mi39, Ash Grove, Chelmsford, Essex CM2 9JT3
£360K09/210.41 mi243, Gloucester Avenue, Chelmsford, Essex CM2 9DX3
£365K12/220.41 mi189, Gloucester Avenue, Chelmsford, Essex CM2 9DX3
£380K05/230.41 mi183, Gloucester Avenue, Chelmsford, Essex CM2 9DX3
£375K07/230.41 mi27, Sawkins Gardens, Chelmsford, Essex CM2 9SD3
£315K03/210.42 mi16, Lucas Avenue, Chelmsford, Essex CM2 9JJ3
£410K12/200.44 mi1, Amcotes Place, Chelmsford, Essex CM2 9HZ3
£492K02/210.44 mi84, Dorset Avenue, Chelmsford, Essex CM2 9UB3
£550K02/230.44 mi82, Dorset Avenue, Chelmsford, Essex CM2 9UB3
£415K12/210.44 mi24, Van Diemans Road, Chelmsford, Essex CM2 9QQ3
£315K02/210.44 mi33, Lucas Avenue, Chelmsford, Essex CM2 9JL3
£325K06/210.44 mi39, Lucas Avenue, Chelmsford, Essex CM2 9JL3
£410K06/210.46 mi26, Linden Close, Chelmsford, Essex CM2 9JQ3

Local Rents

20 rents from £1.6K/mo to £2.3K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,55003/240.08 miGerard Gardens, Great Baddow3
£1,89504/240.17 miGoodwin Close, CHELMSFORD3
£1,55001/250.19 mi-3
£1,55012/240.2 miMeadgate Avenue, Chelmsford3
£2,30002/240.2 mi-3
£1,65004/240.25 mi-3
£2,10001/250.27 mi-3
£1,70004/250.34 mi-3
£1,55004/240.34 miDorset Avenue, CHELMSFORD3
£1,80011/240.4 mi-3
£1,85004/250.41 mi-3
£1,65004/250.43 mi-3
£1,80002/250.43 mi-3
£1,65005/240.47 miWaltham Glen, Chelmsford, Essex, CM2 9EL3
£1,79504/240.49 miWhitethorn Gardens, Chelmsford, Essex, CM23
£1,89703/240.51 miWharf Road, Chelmsford, Essex, CM23
£1,88204/240.51 miWharf Road, Chelmsford, Essex, CM23
£2,12003/240.51 miWharf Road, One Canalside, Chelmsford, CM23
£2,22004/240.51 miWharf Road, Chelmsford, Essex, CM23
£1,69504/240.55 miRose Glen, Chelmsford, Essex, CM23

Local Area Statistics

Population in CM2

58,244

Population in Chelmsford

174,693

Town centre distance

1.47 miles away

Nearest school

0.30 miles away

Nearest train station

1.32 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Price changed to £290,000

March 12, 2025

Listed for £280,000

March 3, 2025

Floor Plans

Description

  • Perfect property for first time purchase or investment opportunities +
  • Located close to railway station and City Centre +
  • Offered for sale with no onward chain +
  • Garage with parking +
  • Lounge, dining room, kitchen and ground floor bathroom +
  • Three bedrooms located on the 1st floor +
  • The property has it's own detached garden (not accessed by the property, approximately 40 steps) +

GUIDE PRICE £280,000 - £300,000
Located on Baddow Road in Chelmsford, this charming three-bedroom terraced house presents an excellent opportunity for first-time buyers or savvy investors. Offered for sale with no onward chain, this property is ideally situated just a short distance from the city centre and the railway station, making it perfect for those who commute or enjoy the vibrant local amenities.

Upon entering, you will find a lovely-sized lounge that invites relaxation, complemented by a dining area that is perfect for entertaining family and friends. The ground floor also features a convenient bathroom, enhancing the practicality of the living space.

The first floor houses three well-proportioned bedrooms, providing ample space for a growing family or guests. Outside, the property boasts its own garden, which, while not directly accessed from the house, is just a mere 40 steps away, offering a delightful outdoor retreat. Additionally, the property includes a garage and parking, ensuring that you have all the conveniences you need.

This terraced house is a wonderful blend of comfort and convenience, making it a must-see for anyone looking to establish themselves in Chelmsford. Don’t miss the chance to make this lovely home your own.

Lounge 12'1 x 12'0 Bow double glazed window to front. Brick fireplace with display shelving. Coloured wooden style flooring. Coved ceiling.
Dining room 9'9 x 9'9 French double glazed doors to rear. Stairs leading to first floor accommodation. Continuation of flooring. Coved ceiling.
Kitchen 8'2 x 6'6 double glazed window, external door. Range of white high gloss wall and base mounted units with matching storage drawers. Work surfaces housing sink drainer. Space for appliances including space for freestanding cooker. Tiled flooring. Smooth ceiling with spotlighting.
Ground floor bathroom comprises white panel bath fitted with shower and glass splash screen door. Vanity wash hand basin and WC. Tiling to walls. Tiled flooring.

First floor landing is home to three bedrooms.
Bedroom one 12'0 x 10'6 double glazed window to front. Built in wardrobes.
Bedroom two 9'9 x 6'0 double glazed window.
Bedroom three 7'7 x 6'3 double glazed window.

Own well maintained rear garden which is not accessed from the property but a mere 40 steps walk approximately. Low maintenance shingled area with patio seating.
The property also has a garage with parking.

Council Tax Band: B
Local Authority: Chelmsford

Disclaimer: Council Tax is given as a guide only and should be checked and confirmed before exchange of contracts.
We endeavor 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?

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