Rectory Lane, Chelmsford, CM1
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Rectory Lane, Chelmsford, CM1

By Bond Residential

£ 400,000

Reviews

3 out of 5 stars

Bond Residential says ..

END TERRACE HOUSE WITHIN WALKING DISTANCE OF THE CITY CENTRE & MAINLINE STATION - the property offers a lounge/diner, fitted kitchen, THREE bedrooms, family bathroom, driveway providing off road parking for TWO CARS & rear garden.

Property Oracle says ..

This three-bedroom property located on Rectory Lane in Chelmsford offers a compelling combination of convenience and comfortable living. Its proximity to Chelmsford City Centre and the mainline station is a significant advantage, providing easy access to a wide range of amenities, including shops, restaurants, and transport links. The close proximity to well-regarded schools further enhances its family-appeal.

The property’s interior appears well-maintained and updated, suggesting that significant renovations are not immediately necessary. The open-plan living area is well-lit and spacious, creating a welcoming atmosphere. The kitchen, although not extensively featured, looks adequately equipped and reasonably modern. The bathroom, shown in the photographs, exhibits modern tiling and fixtures.

The presence of a rear garden, though seemingly not expansive, adds to the property’s appeal. However, a detailed appraisal would be recommended, in order to fully assess the property’s potential. This would include checking the condition of the roof, central heating, wiring, and insulation, before a final purchase decision. More information would also be helpful concerning plot size and any permitted development rights.

In summary, this property presents a solid investment opportunity. While the asking price is within the range of comparable properties in the area, a thorough inspection and valuation are necessary to confirm its full worth.

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
7
Location
8
Land
4
Bedrooms
3
Bathrooms
1
Sqft (est)
957.56

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
399,091.00 £
Increased by 10.45 %
from 361,327.00 £
Est sale value
580,281.36 £
Increased by 30.89 %
from 443,350.28 £
Average area rental value
1,351.00 £/mo
Increased by 0.52 %
from 1,344.00 £/mo
Est letting value
1,915.12 £/mo
Increased by 100.00 %
from 957.56 £/mo
Est rental Yield
4.06 %
Decreased by 8.97 %
from 4.46 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Bond Residential marked this listing as sold.

  • Bond Residential created the listing.

Nearby Schools

NameTypeOfstedDistance
Chelmsford County High School For GirlsAcademy Converter0.40 KM
Anglia Ruskin UniversityHigher Education Institutions0.47 KM
King Edward Vi Grammar School, ChelmsfordAcademy Converter0.62 KM
Maltese Road Primary SchoolAcademy Sponsor LedGood0.79 KM
The Cathedral Church Of England Voluntary Aided Primary School, ChelmsfordVoluntary Aided SchoolRequires improvement0.81 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Railway Square £ 000.00 KM
Alan Cherry Drive £ 000.00 KM
Market Road £ 335,00000.00 KM
Victoria Road South £ 325,00000.00 KM
Eckersley Road £ 230,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Chelmsford6836CHM0.50 KM

Nearby Listings

AddressPriceTypeScoreDistance
Rectory Lane, Chelmsford, CM1 £ 300,000BUY6 / 100.04 KM
Henry Road, Chelmsford £ 475,000BUY6 / 100.04 KM
Henry Road, Chelmsford, CM1 £ 375,000BUY7 / 100.09 KM
Bishop Road, Chelmsford £ 325,000BUY6 / 100.09 KM
Bishop Road, Chelmsford, CM1 £ 270,000BUY4 / 100.09 KM

Nearby Properties

AddressPriceDistance
65 Bishop Road £ 183,0000.09 KM
84 Bishop Road £ 157,0000.09 KM
71 Bishop Road £ 330,0000.09 KM
64 Bishop Road £ 187,0000.09 KM
92 Bishop Road £ 220,0000.09 KM