2 Bed Flat, Planning Permission, Chelmsford, CM2 0NP, £270,000

Seymour Street, Chelmsford, CM2 0NP - 18 days ago

Leasehold
Planning
ROI: 1%
~68 m²
+16 photos

ValuationOvervalued

Sold Prices£80.8K - £385K
Sold Prices/m²£3.1K/m² - £5.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4K/m²

Value Estimate

£259,745

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£18,200

Total Cash In

£85,700

 

 

Cash Out

 

Rent Range

£1,150 - £2,500

Rent Estimate

£1,183

Running Costs/mo

£1,100

Cashflow/mo

£83

Cashflow/yr

£992

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £80.8K to £385K, average is £220K. £3.1K/m² to £5.5K/m², average is £3.8K/m².

PriceDateDistanceAddressBeds 
£310K05/230.05 miFlat 56, Callow Court, Seymour Street, Chelmsford, Essex CM2 0RW2
£320K07/230.05 miFlat 47, Callow Court, Seymour Street, Chelmsford, Essex CM2 0RW2
£313K06/210.06 miFlat 31, Callow Court, Seymour Street, Chelmsford, Essex CM2 0RW2
£325K01/230.06 miFlat 32, Callow Court, Seymour Street, Chelmsford, Essex CM2 0RW2
£215K01/230.19 mi47, Stapleford Close, Chelmsford, Essex CM2 0RB2
£223K11/210.19 mi38, Stapleford Close, Chelmsford, Essex CM2 0RB2
£232K05/210.2 mi82, Stapleford Close, Chelmsford, Essex CM2 0QX2
£250K06/210.2 mi98, Stapleford Close, Chelmsford, Essex CM2 0QX2
£232K05/210.2 mi82, Stapleford Close, Chelmsford, Essex CM2 0QX2
£307.5K07/230.21 mi30, Bradford Street, Chelmsford, Essex CM2 0FJ2
£275K03/210.23 mi34, Hayes Close, Chelmsford, Essex CM2 0RN2
£215K04/210.23 mi39, Haig Court, Chelmsford, Essex CM2 0BH2
£195K03/230.23 mi8, Haig Court, Chelmsford, Essex CM2 0BH2
£282.5K11/210.25 mi4, Alma Drive, Chelmsford, Essex CM1 1TW2
£260K01/210.25 mi39, Upper Bridge Road, Chelmsford, Essex CM2 0AZ2
£207.5K05/230.25 mi66, Haig Court, Chelmsford, Essex CM2 0BJ2
£280K09/210.3 mi3, County Place, Chelmsford, Essex CM2 0RF2
£195K01/230.31 mi72, Parkinson Drive, Chelmsford, Essex CM1 3GH2
£195K03/210.31 mi74, Parkinson Drive, Chelmsford, Essex CM1 3GH2
£220K12/220.32 mi18, Coval Lane, Chelmsford, Essex CM1 1TD2
£218K03/210.33 mi24, Rainsford Lane, Chelmsford, Essex CM1 2QR2
£225K10/210.35 mi193, Rookes Crescent, Chelmsford, Essex CM1 3GN2
£218K04/210.35 mi187, Rookes Crescent, Chelmsford, Essex CM1 3GN2
£80.8K03/210.35 miFlat 54, Wells Crescent, Viaduct Road, Chelmsford, Essex CM1 1GR2
£85K06/210.35 miFlat 4, Fenton Court, Burgess Springs, Chelmsford, Essex CM1 1HW2
£240K10/210.37 miFlat 4, King George Court, Moulsham Street, Chelmsford, Essex CM2 0JE2
£250K07/230.38 mi92a, Moulsham Street, Chelmsford, Essex CM2 0JF2
£225K10/210.38 mi20, Parkinson Drive, Chelmsford, Essex CM1 3GH2
£215K04/210.38 mi58, Parkinson Drive, Chelmsford, Essex CM1 3GH2
£190K06/210.38 mi64, Parkinson Drive, Chelmsford, Essex CM1 3GH2
£184K12/200.38 mi108, Crompton Street, Chelmsford, Essex CM1 3GP2
£197.5K01/210.39 mi29, Rookes Crescent, Chelmsford, Essex CM1 3GL2
£213K10/200.39 mi5, Rookes Crescent, Chelmsford, Essex CM1 3GL2
£197K04/230.39 mi23, Rookes Crescent, Chelmsford, Essex CM1 3GL2
£205K01/230.41 mi39, Evelyn Place, Chelmsford, Essex CM1 3GZ2
£140K07/210.41 mi62, Godfreys Mews, Chelmsford, Essex CM2 0XE2
£186K08/210.41 mi29, Evelyn Place, Chelmsford, Essex CM1 3GZ2
£202K03/230.42 mi35, Evelyn Place, Chelmsford, Essex CM1 3GZ2
£253K02/210.43 mi42, Railway Street, Chelmsford, Essex CM1 1QS2
£205.5K09/210.47 miFlat 27, Spalding Court, Cedar Avenue, Chelmsford, Essex CM1 2UZ2
£254K03/230.48 miFlat 6, Crompton House, Writtle Road, Chelmsford, Essex CM1 3RW2
£250K04/230.48 miFlat 8, Crompton House, Writtle Road, Chelmsford, Essex CM1 3RW2
£200K03/210.57 mi54, Redmayne Drive, Chelmsford, Essex CM2 9AG2
£385K06/230.57 mi89, Bond Street, Chelmsford, Essex CM1 1GD2
£175K02/210.58 mi18, Delamere Road, Chelmsford, Essex CM1 2TG2
£285K04/210.62 mi102, Watson Heights, Chelmsford, Essex CM1 1AF2
£212K11/200.65 mi73, Goodier Road, Chelmsford, Essex CM1 2GG2
£232.5K06/210.65 mi18, Goodier Road, Chelmsford, Essex CM1 2GG2
£233K12/210.65 mi41, Goodier Road, Chelmsford, Essex CM1 2GG2
£220K02/210.65 mi24, Goodier Road, Chelmsford, Essex CM1 2GG2

Local Rents

50 rents from £1.1K/mo to £2.5K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,50012/240.06 miWolseley Road, Chelmsford, Essex, CM22
£1,35004/240.07 miFalcons Mead, CITY CENTRE, Chelmsford, CM2 0NN2
£1,30004/240.1 miUpper Bridge Road, Chelmsford2
£1,49504/240.11 miCentury Tower, Chelmsford, CM22
£1,47504/240.11 miCentury Tower, Shire Gate, Chelmsford2
£1,47504/240.11 miCentury Tower, Shire Gate, Chelmsford2
£1,49504/240.11 miEssex County Cricket Ground, Chelmsford, CM22
£1,49504/240.11 mi-2
£1,35004/240.11 miNew Writtle Street, Chelmsford, CM2 0RR2
£1,30003/240.11 mi-2
£1,30003/240.11 miUpper Bridge Road, Chelmsford, CM22
£1,55001/250.11 mi-2
£1,50004/240.11 miCentury Tower, Shire Gate, Chelmsford2
£1,50005/240.11 miCentury Tower, Shire Gate, Chelmsford2
£1,25003/240.11 miNew Writtle Street, Chelmsford, CM22
£1,25004/240.11 miNew Writtle Street, Chelmsford, CM22
£1,40004/240.12 miNew Writtle Street, Chelmsford, CM22
£1,35005/240.12 miNew Writtle Street, Chelmsford, CM22
£1,35004/240.12 miCENTURY TOWER, Shire Gate, Chelmsford2
£1,40004/240.16 miUpper Bridge Road, Chelmsford2
£1,40004/240.16 miUpper Bridge Road, Chelmsford2
£1,65002/240.16 mi-2
£1,35001/250.18 mi-2
£1,19504/240.18 miLower Anchor Street, Old Moulsham2
£1,35003/240.18 miLower Anchor Street, Chelmsford, CM22
£1,35003/240.18 miLower Anchor Street, Chelmsford, CM22
£1,20005/240.2 miStapleford Close, Chelmsford, CM22
£1,20012/240.2 miStapleford Close, Chelmsford, CM22
£1,38502/250.21 mi-2
£1,35003/240.22 miUpperbridge Road, Old Moulsham, Chelmsford, CM22
£1,40003/240.22 miUpperbridge Road, Old Moulsham, Chelmsford, CM22
£1,30005/240.23 miBradford Street, Chelmsford2
£1,25001/250.25 mi-2
£1,20003/240.25 miParkinson Drive, CM12
£1,15004/240.25 miHaig Court, Chelmsford, CM22
£1,17503/240.25 miParkinson Drive, CHELMSFORD2
£1,30004/240.25 miParkinson Drive, Chelmsford2
£1,20005/240.25 miParkinson Drive, CHELMSFORD2
£1,20004/240.25 miHaig Court, CHELMSFORD2
£1,62503/240.27 miBurgess Springs, Chelmsford, CM12
£1,60003/240.27 miBurgess Springs, Chelmsford, CM12
£1,60003/240.27 miBurgess Springs, Chelmsford, CM12
£1,60004/240.27 miBurgess Springs, Chelmsford, CM12
£1,59504/240.27 miBurgess Springs, Chelmsford, CM12
£1,59504/240.27 miBurgess Springs, Chelmsford, CM12
£1,57505/240.27 miBurgess Springs, Chelmsford, CM12
£1,20003/240.27 miParkinson Drive, Chelmsford, CM1 3GW2
£1,30004/240.28 miAnchor Street, Chelmsford, CM22
£2,50002/250.28 mi-2
£1,30001/240.28 mi-2

Local Area Statistics

Population in CM2

58,244

Population in Chelmsford

174,693

Town centre distance

0.40 miles away

Nearest school

0.20 miles away

Nearest train station

0.38 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £270,000

March 27, 2025

Floor Plans

Description

  • Sought after location +
  • Two bedroom first floor flat +
  • Ideal starter home +
  • 0.4 miles to railway station +
  • Ideal location for City Centre +
  • Well presented throughout +
  • Overlooking Central Park +
  • Lovely size lounge and kitchen +
  • Family bathroom +
  • Two off street parking spaces and ample storage space +

Located in the desirable area of Seymour Street, Chelmsford, this well-presented two-bedroom flat offers an ideal opportunity for first-time buyers or those seeking a comfortable home. Situated on the first floor, the property boasts a lovely size lounge that provides a welcoming space for relaxation and entertainment. The kitchen is equally spacious, making it perfect for family meals or casual dining.

The flat features two well-proportioned bedrooms, ensuring ample space for rest and privacy. Additionally, there are two bathrooms, including a family three-piece bathroom, which adds convenience for residents and guests alike.

One of the standout features of this property is its picturesque view overlooking Central Park, allowing you to enjoy the beauty of nature right from your home. The location is particularly advantageous, being just 0.4 miles from the railway station, making it an excellent choice for commuters and those who wish to explore the vibrant city centre of Chelmsford.

For added convenience, the flat includes two off-street parking spaces and ample storage space, catering to all your practical needs. This charming flat is not just a place to live; it is a wonderful starter home in a sought-after location, perfect for those looking to embrace the Chelmsford lifestyle.

Enter the building via communal entrance door. Access is given to all rooms.
Bathroom comprises, panel bath fitted with shower and glass splash screen door. Wash hand basin and low level wc. Tiling to walls.

Main bedroom 15'10 x 8'10 benefits from built in wardrobe.
Bedroom two 9'7 x 7'6
Lounge/diner 17'6 x 11'0 double doors with Juliette style balcony. Coved ceiling.
Kitchen 10'2 x 6'4 offers a range of wall and base mounted units with matching storage drawers. Work surfaces housing sink drainer. Gas hob, electric oven. Space for other appliances.

Council Tax Band: C
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?

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