Parkinson Drive, Chelmsford, CM1
BA

Parkinson Drive, Chelmsford, CM1

By Balch Estate Agents

£ 195,000

Reviews

3 out of 5 stars

Balch Estate Agents says ..

Situated just over one mile from Chelmsford's city centre and being offered with the benefit of no onward chain and 165 years remaining on the lease is this spacious and beautifully presented one bedroom ground floor apartment. Accommodation is set over one level and comprises a spacious and w...

Property Oracle says ..

This property is a one-bedroom apartment located in Chelmsford, Essex. The apartment is situated on Parkinson Drive within the Waterhouse Farm area and benefits from being close to local amenities and transport links. Chelmsford railway station is approximately 1.29km away, providing convenient access to London and other parts of the UK. Several schools are also within a reasonable distance, including Our Lady Immaculate Catholic Primary School (rated ‘Good’ by Ofsted) which is approximately 0.82km away.

The apartment itself appears to be in good condition based on the provided images. The interior is modern and well-maintained, with a recently updated kitchen and bathroom. There is allocated parking.

The plot size is relatively small at 452 sqft, which is typical for an apartment of this type. The apartment’s size is 350.13 sqft.

Considering the average price per sqft in the area is £396, and this apartment is listed at £195,000, the price seems reasonable, although slightly below average. However, this is likely due to the smaller size of the property compared to the area average. Nearby comparable properties support this assessment; several one-bedroom apartments in the area are listed for similar prices.

Based on the available information, the property presents a good opportunity for a first-time buyer or investor looking for a modern, well-maintained apartment in a convenient location.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
7
Land
3
Bedrooms
1
Bathrooms
1
Sqft (est)
350.13
Lot (est)
452.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
448,000.00 £
Increased by 19.33 %
from 375,443.00 £
Est sale value
148,805.25 £
Increased by 4.94 %
from 141,802.65 £
Average area rental value
1,356.00 £/mo
Decreased by 9.48 %
from 1,498.00 £/mo
Est letting value
350.13 £/mo
Unchanged by 0.00 %
from 350.13 £/mo
Est rental Yield
3.63 %
Decreased by 24.22 %
from 4.79 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Balch Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Community College Initiative LtdSpecial Post 16 InstitutionRequires improvement0.39 KM
St Cedd'S SchoolOther Independent School0.54 KM
St Anne'S SchoolOther Independent School0.64 KM
Our Lady Immaculate Catholic Primary SchoolAcademy ConverterGood0.82 KM
Chelmsford CollegeFurther EducationGood0.84 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Nichols Court £ 000.00 KM
Upper Chase £ 222,50000.00 KM
London Road £ 000.00 KM
London Road £ 000.00 KM
Miami Roundabout £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Chelmsford6836CHM1.29 KM

Nearby Listings

AddressPriceTypeScoreDistance
Parkinson Drive, Chelmsford, CM1 £ 195,000BUY6 / 100.00 KM
Parkinson Drive, Chelmsford £ 170,000BUY5 / 100.01 KM
Parkinson Drive, Chelmsford £ 180,000BUY6 / 100.01 KM
Parkinson Drive, Chelmsford £ 180,000BUY6 / 100.01 KM
Parkinson Drive, Chelmsford £ 200,000BUY5 / 100.01 KM

Nearby Properties

AddressPriceDistance
108 Parkinson Drive £ 125,0000.01 KM
178 Parkinson Drive £ 138,0000.01 KM
146 Parkinson Drive £ 142,0000.01 KM
124 Parkinson Drive £ 125,0000.01 KM
110 Parkinson Drive £ 145,5000.01 KM