3 Bed Semi-Detached House, Single Let, Chelmsford, CM2 9AF, £425,000

Clarence Mews, Redmayne Drive, Chelmsford, Essex, CM2 9AF - 18 days ago

BTL
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£292K - £910K
Sold Prices/m²£2.5K/m² - £9.6K/m²

 

 

Square Metres

~93 m²
Price/m²£4.6K/m²

Value Estimate

£442,968
BMV4%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£31,200

Total Cash In

£137,450

 

 

Cash Out

 

Rent Range

£1,350 - £4,500

Rent Estimate

£1,550

Running Costs/mo

£1,658

Cashflow/mo

£-108

Cashflow/yr

£-1,297

Gross Yield

4%

Local Sold Prices

50 sold prices from £292K to £910K, average is £432.5K. £2.5K/m² to £9.6K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£427.5K05/230.19 mi94, Upper Bridge Road, Chelmsford, Essex CM2 0BA3
£475K12/220.19 mi86, Upper Bridge Road, Chelmsford, Essex CM2 0BA3
£500K02/230.21 mi24, Rothesay Avenue, Chelmsford, Essex CM2 9BU3
£575K12/220.22 mi2a, Southborough Road, Chelmsford, Essex CM2 0AQ3
£710K06/210.24 mi55, Vicarage Road, Chelmsford, Essex CM2 9BT3
£450K06/230.31 mi163, Upper Bridge Road, Chelmsford, Essex CM2 0BB3
£515K10/210.32 mi136, Moulsham Drive, Chelmsford, Essex CM2 9QA3
£502K12/220.33 mi5, Campbell Close, Chelmsford, Essex CM2 9BE3
£590K02/230.33 mi11, St Mildreds Road, Chelmsford, Essex CM2 9PU3
£340K04/210.34 mi95, Moulsham Street, Chelmsford, Essex CM2 0JF3
£425K11/220.35 mi5, Bradford Street, Chelmsford, Essex CM2 0BG3
£404K07/230.35 mi9, Bradford Street, Chelmsford, Essex CM2 0BG3
£460K04/210.36 mi3, Campbell Close, Chelmsford, Essex CM2 9BE3
£370K01/210.38 mi17, Nursery Road, Chelmsford, Essex CM2 9PL3
£380K02/210.38 mi36, Nursery Road, Chelmsford, Essex CM2 9PL3
£370K01/210.38 mi24, Nursery Road, Chelmsford, Essex CM2 9PL3
£458K01/230.38 mi27, Waterhouse Street, Chelmsford, Essex CM1 2TY3
£293K05/210.38 mi97, Lower Anchor Street, Chelmsford, Essex CM2 0AU3
£820K03/210.39 miFircroft, Links Drive, Chelmsford, Essex CM2 9AW3
£362.5K01/210.39 mi14, St Johns Road, Chelmsford, Essex CM2 9PE3
£425K07/210.39 mi84, Hillside Grove, Chelmsford, Essex CM2 9DB3
£370K02/210.39 mi51, Hillside Grove, Chelmsford, Essex CM2 9DB3
£385K06/230.4 mi74, Waterhouse Street, Chelmsford, Essex CM1 2TZ3
£545K03/230.4 mi75, Waterhouse Street, Chelmsford, Essex CM1 2TZ3
£450K01/210.4 mi75, Waterhouse Street, Chelmsford, Essex CM1 2TZ3
£370K04/230.4 mi49, Lower Anchor Street, Chelmsford, Essex CM2 0AT3
£404K05/210.4 mi127, Fortinbras Way, Chelmsford, Essex CM2 9UL3
£565K01/230.41 mi133, Moulsham Drive, Chelmsford, Essex CM2 9PZ3
£325K04/210.43 mi3, St Johns Road, Chelmsford, Essex CM2 9PD3
£312.5K11/210.43 mi10, Hart Street, Chelmsford, Essex CM2 0RY3
£450K12/200.43 mi2, St Michaels Road, Chelmsford, Essex CM2 9PT3
£300K05/210.44 mi4, Waterhouse Lane, Chelmsford, Essex CM1 2TF3
£408K03/210.44 mi128, Fortinbras Way, Chelmsford, Essex CM2 9UL3
£440K03/230.45 mi78, Wood Street, Chelmsford, Essex CM2 9FQ3
£441K12/220.45 mi41, Stewart Road, Chelmsford, Essex CM2 9BB3
£332K03/210.45 mi51, Baker Street, Chelmsford, Essex CM2 0SA3
£520K11/200.45 mi90, Writtle Road, Chelmsford, Essex CM1 3BU3
£353K11/200.46 mi7, Mews Court, Chelmsford, Essex CM2 9PF3
£435K12/220.47 mi2, Mews Court, Chelmsford, Essex CM2 9PF3
£427K04/210.47 mi6, Falcons Mead, Chelmsford, Essex CM2 0NN3
£535K03/210.48 mi29, Gloucester Avenue, Chelmsford, Essex CM2 9DP3
£545K05/230.48 mi27, Gloucester Avenue, Chelmsford, Essex CM2 9DP3
£515K05/230.49 mi127a, Mildmay Road, Chelmsford, Essex CM2 0DT3
£655K06/210.5 mi9, Hamlet Road, Chelmsford, Essex CM2 0EU3
£430K01/230.51 mi59, Stewart Road, Chelmsford, Essex CM2 9BD3
£555K12/200.52 mi27, Rosebery Road, Chelmsford, Essex CM2 0TU3
£345K01/230.53 mi40, Charnwood Avenue, Chelmsford, Essex CM1 2TQ3
£292K02/210.53 mi11, Delamere Road, Chelmsford, Essex CM1 2TG3
£415K06/210.53 mi23, Bouverie Road, Chelmsford, Essex CM2 0UD3
£910K06/210.53 mi107, Longstomps Avenue, Chelmsford, Essex CM2 9BZ3

Local Rents

28 rents from £1.4K/mo to £4.5K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,65002/240.17 mi-3
£1,72503/250.17 mi-3
£1,75005/240.29 miParkinson Drive, Chelmsford, CM1 3GU3
£1,69505/240.34 miRedcliffe Road, CHELMSFORD3
£1,69512/240.34 miRedcliffe Road, CHELMSFORD3
£2,00004/240.34 miGrace Bartlett Gardens, Chelmsford, CM23
£2,00004/240.34 miGrace Bartlett Gardens, Chelmsford, CM23
£2,00004/240.34 mi-3
£2,20003/250.34 mi-3
£4,50002/240.37 mi-3
£4,50003/240.37 mi-3
£4,50004/250.37 mi-3
£1,55004/240.37 mi-3
£1,55004/240.37 miUpper Bridge Road, Chelmsford, CM23
£1,55003/250.38 mi-3
£1,85003/240.45 miWrittle Road, Chelmsford, CM13
£1,65003/240.46 miMews Court, Chelmsford, CM2 9PF3
£1,75005/240.53 miBouverie Road, Chelmsford, CM23
£1,75003/240.54 miBouverie Road, Chelmsford, CM23
£1,75001/250.55 mi-3
£1,75002/250.55 mi-3
£4,50003/240.55 mi-3
£4,50002/250.55 mi-3
£1,35003/240.56 miHayes Close, Chelmsford, CM23
£1,75004/240.57 miSt Johns Road, Chelmsford, CM23
£1,80003/240.57 miGrove Road, Chelmsford3
£1,80003/250.6 mi-3
£1,69503/240.62 miManor Road, Old Moulsham3

Local Area Statistics

Population in CM2

58,244

Population in Chelmsford

174,693

Town centre distance

0.94 miles away

Nearest school

0.20 miles away

Nearest train station

0.90 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £425,000

March 28, 2025

Floor Plans

Description

  • Allocated parking +
  • Open plan kitchen/living space +
  • Lovely Old Moulsham location +
  • Close to town and amenities +
  • 1.2 miles to mainline train station +
  • 3 double bedrooms +
  • EPC rating C +
  • WC +
  • Characterful elements +
  • Brilliant investment or lock and go +

With its distinctive architectural design, showcasing steeply-pitched gables and a bay window on gallow brackets, Number 2 Clarence Mews offers light and airy accommodation with the neutral colour palette creating a calm and uncomplicated living environment ideally suited to modern lifestyles. Ceramic-tiled flooring in the reception hall extends into the adjoining kitchen/living room providing practicality and pleasing sense of cohesion across the ground floor.

The kitchen is fitted with contemporary wall and base-level cabinetry, topped with marble work surfaces, and feature integrated appliances as well as an island unit with breakfast bar which creates a subtle divide within the space. The bedroom accommodation is arranged over the two upper floors, with the first floor comprising two bedrooms, one with direct access into the well-appointed, modern bathroom situated on this level. The principal bedroom at the top of the house benefits from extensive fitted wardrobe storage, and a smart en suite bathroom with pretty blue mosaic-tiling feature.

At the frontage to the home, there is a length of pavers and a step to the covered porch which provides protection against the elements. To the rear, there is a sloping walkway which gives access to a back door providing a direct route into the kitchen. One allocated parking space is available to the rear and parking is available on-street and there are pathways to reach the amenities of the city, as well as walking and running routes through the green space of Oaklands Park which is a mere 160 metres from the property.

The property is located in the popular Old Moulsham area and conveniently situated just a mile south of Chelmsford’s vibrant and bustling centre with its historic architecture and excellent shopping options, along with the pedestrianised High Street. The mainline train station provides regular services for commuters into London Liverpool Street, Ipswich and Colchester, whilst road users have easy access to the A12, A130 and the M25. Well-regarded schooling in the vicinity includes Oakland Infant School, Elm Green Prep School, St Anne’s Preparatory School and St Cedd’s School.

Agent Details

Strutt & Parker, Chelmsford

01245 945132

Next Steps?

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