3 Bed Detached House, Planning Permission, Chelmsford, CM3 3FU, £625,000
Condor Gate, Chelmsford, CM3 3FU - 18 days ago
Planning
~93 m²





+11 photos
ValuationOvervalued
Sold Prices | £285K - £450K |
Sold Prices/m² | £1K/m² - £6.3K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £6.7K/m² |
Value Estimate | £411,128 |
Investment Opportunity
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £156,250 |
Stamp Duty & Legal Fees | £51,200 |
Total Cash In | £207,450 |
| |
Cash Out | |
Rent Range | £1,800 - £4,650 |
Rent Estimate | £1,850 |
Running Costs/mo | £2,343 |
Cashflow/mo | £-493 |
Cashflow/yr | £-5,917 |
Gross Yield | 4% |
Local Sold Prices
21 sold prices from £285K to £450K, average is £368K. £1K/m² to £6.3K/m², average is £4.4K/m².
Local Rents
13 rents from £1.8K/mo to £4.7K/mo, average is £2.2K/mo.
Local Area Statistics
Population in CM3 | 53,817 |
Population in Chelmsford | 174,693 |
Town centre distance | 2.63 miles away |
Nearest school | 0.70 miles away |
Nearest train station | 2.63 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | -13% |
Sales demand | Balanced market |
Capital growth (5yrs) | +16% |
Property History
Listed for £625,000
March 28, 2025
Floor Plans
