2 Bed Flat, Single Let, Chelmsford, CM2 0BJ, £210,000

61 Haig Court, Chelmsford, Essex, CM2 0BJ - 2 views - 7 months ago

Sold STC
Leasehold
BTL
ROI: 5%
56 m²
+2 photos

ValuationFair Value

Sold Prices£80.8K - £325K
Sold Prices/m²£2K/m² - £5.5K/m²

 

 

Square Metres

56 m²
Price/m²£3.8K/m²

Value Estimate

£213,559

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£7,500

Total Cash In

£60,000

 

 

Cash Out

 

Rent Range

£1,075 - £1,600

Rent Estimate

£1,180

Running Costs/mo

£912

Cashflow/mo

£268

Cashflow/yr

£3,213

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £80.8K to £325K, average is £216.5K. £2K/m² to £5.5K/m², average is £3.8K/m².

PriceDateDistanceAddressBeds 
£215K04/210.02 mi39, Haig Court, Chelmsford, Essex CM2 0BH2
£195K03/230.02 mi8, Haig Court, Chelmsford, Essex CM2 0BH2
£207.5K05/230.02 mi66, Haig Court, Chelmsford, Essex CM2 0BJ2
£307.5K07/230.04 mi30, Bradford Street, Chelmsford, Essex CM2 0FJ2
£260K01/210.04 mi39, Upper Bridge Road, Chelmsford, Essex CM2 0AZ2
£195K01/230.14 mi72, Parkinson Drive, Chelmsford, Essex CM1 3GH2
£195K03/210.14 mi74, Parkinson Drive, Chelmsford, Essex CM1 3GH2
£223K11/210.18 mi38, Stapleford Close, Chelmsford, Essex CM2 0RB2
£215K01/230.18 mi47, Stapleford Close, Chelmsford, Essex CM2 0RB2
£325K01/230.19 miFlat 32, Callow Court, Seymour Street, Chelmsford, Essex CM2 0RW2
£225K10/210.19 mi193, Rookes Crescent, Chelmsford, Essex CM1 3GN2
£218K04/210.19 mi187, Rookes Crescent, Chelmsford, Essex CM1 3GN2
£197.5K01/210.21 mi29, Rookes Crescent, Chelmsford, Essex CM1 3GL2
£213K10/200.21 mi5, Rookes Crescent, Chelmsford, Essex CM1 3GL2
£197K04/230.21 mi23, Rookes Crescent, Chelmsford, Essex CM1 3GL2
£232K05/210.22 mi82, Stapleford Close, Chelmsford, Essex CM2 0QX2
£250K06/210.22 mi98, Stapleford Close, Chelmsford, Essex CM2 0QX2
£250K07/230.22 mi92a, Moulsham Street, Chelmsford, Essex CM2 0JF2
£225K10/210.23 mi20, Parkinson Drive, Chelmsford, Essex CM1 3GH2
£215K04/210.23 mi58, Parkinson Drive, Chelmsford, Essex CM1 3GH2
£190K06/210.23 mi64, Parkinson Drive, Chelmsford, Essex CM1 3GH2
£232K05/210.23 mi82, Stapleford Close, Chelmsford, Essex CM2 0QX2
£240K10/210.23 miFlat 4, King George Court, Moulsham Street, Chelmsford, Essex CM2 0JE2
£310K05/230.26 miFlat 56, Callow Court, Seymour Street, Chelmsford, Essex CM2 0RW2
£320K07/230.26 miFlat 47, Callow Court, Seymour Street, Chelmsford, Essex CM2 0RW2
£313K06/210.26 miFlat 31, Callow Court, Seymour Street, Chelmsford, Essex CM2 0RW2
£205K01/230.26 mi39, Evelyn Place, Chelmsford, Essex CM1 3GZ2
£186K08/210.26 mi29, Evelyn Place, Chelmsford, Essex CM1 3GZ2
£184K12/200.26 mi108, Crompton Street, Chelmsford, Essex CM1 3GP2
£202K03/230.27 mi35, Evelyn Place, Chelmsford, Essex CM1 3GZ2
£275K03/210.3 mi34, Hayes Close, Chelmsford, Essex CM2 0RN2
£254K03/230.32 miFlat 6, Crompton House, Writtle Road, Chelmsford, Essex CM1 3RW2
£250K04/230.32 miFlat 8, Crompton House, Writtle Road, Chelmsford, Essex CM1 3RW2
£200K03/210.34 mi54, Redmayne Drive, Chelmsford, Essex CM2 9AG2
£140K07/210.36 mi62, Godfreys Mews, Chelmsford, Essex CM2 0XE2
£280K09/210.4 mi3, County Place, Chelmsford, Essex CM2 0RF2
£183K06/210.41 mi13, Brooklands Walk, Chelmsford, Essex CM2 9BH2
£183K06/210.42 mi13, Brooklands Walk, Chelmsford, Essex CM2 9BH2
£204K12/200.42 mi52, Brooklands Walk, Chelmsford, Essex CM2 9BH2
£227.5K12/220.44 mi162, Redmayne Drive, Chelmsford, Essex CM2 9XE2
£112.5K01/230.44 mi214, Redmayne Drive, Chelmsford, Essex CM2 9XE2
£200K05/230.44 mi65, Redmayne Drive, Chelmsford, Essex CM2 9XG2
£282.5K11/210.48 mi4, Alma Drive, Chelmsford, Essex CM1 1TW2
£175K02/210.52 mi18, Delamere Road, Chelmsford, Essex CM1 2TG2
£218K03/210.55 mi24, Rainsford Lane, Chelmsford, Essex CM1 2QR2
£220K12/220.57 mi18, Coval Lane, Chelmsford, Essex CM1 1TD2
£85K06/210.58 miFlat 4, Fenton Court, Burgess Springs, Chelmsford, Essex CM1 1HW2
£80.8K03/210.58 miFlat 54, Wells Crescent, Viaduct Road, Chelmsford, Essex CM1 1GR2
£265K01/210.63 mi11, Grace Bartlett Gardens, Chelmsford, Essex CM2 9FW2
£300K09/210.63 mi5, Grace Bartlett Gardens, Chelmsford, Essex CM2 9FW2

Local Rents

50 rents from £1.1K/mo to £1.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,20004/240.02 miHaig Court, CHELMSFORD2
£1,15004/240.03 miHaig Court, Chelmsford, CM22
£1,25001/250.03 mi-2
£1,35003/240.07 miUpperbridge Road, Old Moulsham, Chelmsford, CM22
£1,40003/240.07 miUpperbridge Road, Old Moulsham, Chelmsford, CM22
£1,35001/250.07 mi-2
£1,19504/240.1 miLower Anchor Street, Old Moulsham2
£1,30005/240.1 miBradford Street, Chelmsford2
£1,40004/240.1 miUpper Bridge Road, Chelmsford2
£1,40004/240.1 miUpper Bridge Road, Chelmsford2
£1,35003/240.11 miLower Anchor Street, Chelmsford, CM22
£1,35003/240.11 miLower Anchor Street, Chelmsford, CM22
£1,20003/240.13 miParkinson Drive, CM12
£1,17503/240.13 miParkinson Drive, CHELMSFORD2
£1,30004/240.13 miParkinson Drive, Chelmsford2
£1,20005/240.13 miParkinson Drive, CHELMSFORD2
£1,30003/240.13 miUpper Bridge Road, Chelmsford, CM22
£1,30003/240.13 mi-2
£1,30004/240.14 miUpper Bridge Road, Chelmsford2
£1,60004/240.15 miUpper Bridge Road, Old Moulsham, Chelmsford, CM2 0BA2
£1,45004/240.15 miUpper Bridge Road, Old Moulsham, Chelmsford, CM2 0BA2
£1,20003/240.16 miParkinson Drive, Chelmsford, CM1 3GW2
£1,35004/240.18 miFalcons Mead, CITY CENTRE, Chelmsford, CM2 0NN2
£1,25004/240.19 miRookes Crescent, Chelmsford, Essex, CM12
£1,25004/240.19 miRookes Crescent, Chelmsford2
£1,30005/240.19 miRookes Crescent, Chelmsford2
£1,37503/240.19 miRedcliffe Road, Old Moulsham, Chelmsford, CM22
£1,40004/240.21 miNew Writtle Street, Chelmsford, CM22
£1,35005/240.21 miNew Writtle Street, Chelmsford, CM22
£1,30004/240.21 miAnchor Street, Chelmsford, CM22
£1,35004/240.22 miNew Writtle Street, Chelmsford, CM2 0RR2
£1,25002/240.22 mi-2
£1,25003/240.22 miNew Writtle Street, Chelmsford, CM22
£1,25004/240.22 miNew Writtle Street, Chelmsford, CM22
£1,25003/240.23 miMoulsham Street, Chelmsford2
£1,25004/240.23 miMoulsham Street, Chelmsford2
£1,20005/240.23 miStapleford Close, Chelmsford, CM22
£1,20012/240.23 miStapleford Close, Chelmsford, CM22
£1,39504/240.23 miAnchor Street, CHELMSFORD2
£1,50012/240.23 miWolseley Road, Chelmsford, Essex, CM22
£1,25004/240.23 miAnchor Street, Chelmsford, CM2 0JY2
£1,35012/240.23 mi-2
£1,25004/240.24 miKing George Court, Old Moulsham2
£1,30003/250.24 mi-2
£1,20003/240.25 miParkinson Drive, Chelmsford2
£1,07503/250.26 mi-2
£1,20004/240.26 miEvelyn Place, CM12
£1,40012/240.26 mi-2
£1,30004/240.26 miCrompton Street, Chelmsford, CM12
£1,35004/240.26 miCrompton Street, Chelmsford2

Local Area Statistics

Population in CM2

58,244

Population in Chelmsford

174,693

Town centre distance

0.65 miles away

Nearest school

0.10 miles away

Nearest train station

0.61 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £210,000

August 30, 2024

Sold for £64,250

2001

Sold for £37,000

1997

Floor Plans

Description

This two bedroom first floor apartment with newly extended lease, is located close to Chelmsford City Centre. Benefiting from a good sized lounge dining room, kitchen and bathroom along with allocated parking space for 1 vehicle.

Some More Information - From the ground floor communal entrance hall, communal stairs rise to the first floor where a timber entrance door leads into the flat entrance hall and doors lead to all rooms. The Lounge / dining room has a window to the rear elevation and opening leading into the kitchen.

The kitchen is fitted with a range of eye and base level cupboards and drawers along with a storage cupboard and window to the rear elevation. To the front of the property bedrooms one and two overlook the central greensward with bedroom one having fitted wardrobes.

Completing the accommodation is the family bathroom with shower over a bath low level W.C. and pedestal wash hand basin.

Externally - To the front of the property there is central greensward and allocated parking for one vehicle.

Location - Located centrally within Chelmsford this property is located 0.9 miles from the centre of the City of Chelmsford and 0.8miles to Chelmsford Mainline Railway Station.

Entrance Hall -

Lounge / Dining Room - 4.75m x 4.04m (15'7" x 13'3") -

Kitchen - 3.28m x 2.24m (10'9" x 7'4") -

Bedroom One - 3.96m x 2.72m (13'0" x 8'11") -

Wardrobe - 2.03m x 0.69m (6'8" x 2'3") -

Bedroom Two - 2.95m x 2.34m (9'8" x 7'8") -

Bathroom - 2.26m x 1.83m (7'5" x 6'0") -

Services - Council Tax Band - B

Local Authority - Chelmsford City Council

Tenure - Leasehold - Lease Information

Lease Remaining 140years
Ground Rent - £0 PA
Service Charge - £1440 PA.

EPC - D

* Mains Electric

* Mains Water

* Main Drainage

Agent Details

Baker Estates Essex Limited, Wickham Bishops

01376 319271

Next Steps?

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