Balmoral Court, Springfield Road, Chelmsford
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Balmoral Court, Springfield Road, Chelmsford

By Adrians

£ 215,000

Reviews

2 out of 5 stars

Adrians says ..

REDUCED PRICE FOR QUICK SALE! NO ONWARD CHAIN! A rarely available TWO BEDROOM GROUND FLOOR retirement apartment in this most convenient complex on the fringe of the City Centre. It has the benefits of a re-fitted kitchen, re-fitted shower room, replacement PVCU double glazed windows and t (cont.)

Property Oracle says ..

This two-bedroom, ground floor retirement apartment in Balmoral Court, Chelmsford, offers a convenient and reasonably priced option for those seeking city centre living. The apartment is situated within a complex offering a degree of security and benefits from updated kitchen and bathroom facilities. Its location on Springfield Road provides easy access to local amenities, including Tesco and Chelmsford High Street, and proximity to schools and Chelmsford train station enhances its appeal. However, the significant drawback is the lack of private outdoor space. Furthermore, the nature of it being a retirement apartment within a larger complex may limit the appeal and potential for capital growth compared to a freehold property. The overall condition of the property is presentable but does not suggest luxury. While the price reflects the local market, buyers may want to check for service charges associated with the complex before committing.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
590.00

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
265,556.00 £
Decreased by 26.45 %
from 361,050.00 £
Est sale value
277,300.00 £
Increased by 24.67 %
from 222,430.00 £
Average area rental value
1,429.00 £/mo
Increased by 5.77 %
from 1,351.00 £/mo
Est letting value
1,180.00 £/mo
Increased by 100.00 %
from 590.00 £/mo
Est rental Yield
6.46 %
Increased by 43.88 %
from 4.49 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Adrians created the listing.

Nearby Schools

NameTypeOfstedDistance
The Cathedral Church Of England Voluntary Aided Primary School, ChelmsfordVoluntary Aided SchoolRequires improvement0.48 KM
Trinity Road Primary SchoolCommunity SchoolGood0.57 KM
Anglia Ruskin UniversityHigher Education Institutions0.97 KM
Chelmsford Hospital SchoolOther Independent SchoolOutstanding1.36 KM
Our Lady Immaculate Catholic Primary SchoolAcademy ConverterGood1.54 KM

Images

Main Picture LOUNGE KITCHEN ENTRANCE HALL BEDROOM ONE SHOWER ROOM BEDROOM TWO

Nearby Streets

NameAverage PriceAverage SqftDistance
Trinity Road £ 000.00 KM
Eckersley Road £ 230,00000.00 KM
Trinity Close £ 000.00 KM
Cobbs Place £ 000.00 KM
Grays Brewery Yard £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Chelmsford6836CHM1.28 KM

Nearby Listings

AddressPriceTypeScoreDistance
Balmoral Court, Springfield Road, Chelmsford £ 125,000BUY7 / 100.00 KM
Balmoral Court, Springfield Road, Chelmsford £ 200,000BUY7 / 100.00 KM
Balmoral Court, Springfield Road, Chelmsford £ 95,000BUY5 / 100.00 KM
Balmoral Court, Springfield Road, Chelmsford £ 215,000BUY5 / 100.00 KM
Balmoral Court, Springfield Road, Chelmsford £ 150,000BUY6 / 100.00 KM

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