Balmoral Court, Springfield Road, Chelmsford
By Adrians
£ 95,000
Reviews
2 out of 5 stars
Adrians says ..
A WELL PRESENTED one bedroom TOP FLOOR retirement apartment in a most conveniently situated complex at the bottom end of Springfield Road close to Tesco's and the High Street. It comprises an entrance hall, lounge which opens to the kitchen, bedroom and refitted bathroom. Competitively pric (cont.)
Property Oracle says ..
This one-bedroom retirement apartment in Chelmsford’s Balmoral Court presents a potentially sound investment opportunity. Its central location, close to local amenities including shops and schools, is a definite advantage. The proximity to Chelmsford train station improves accessibility. While the property’s interior shows a functional layout and some recent updates to the kitchen and bathroom, a significant portion of the decor appears dated. It is important to assess this further, however, the photos presented show the property to be in reasonable condition. The availability of communal gardens is a positive attribute, although a private outdoor space is absent. The listed price appears competitive compared to similar nearby properties and offers an attractive option for buyers in this specific market segment of retirement properties. However, prospective buyers should factor in the potential costs of updating and modernising parts of the apartment to enhance its market appeal.
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
- 3
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 450.24
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 %
- Est sale value
- 211,612.80 £Increased by 24.67 %
- Average area rental value
- 1,429.00 £/moIncreased by 5.77 %
- Est letting value
- 900.48 £/moIncreased by 100.00 %
- Est rental Yield
- 6.46 %Increased by 43.88 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
Adrians created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Cathedral Church Of England Voluntary Aided Primary School, Chelmsford | Voluntary Aided School | Requires improvement | 0.48 KM |
| Trinity Road Primary School | Community School | Good | 0.57 KM |
| Anglia Ruskin University | Higher Education Institutions | 0.97 KM | |
| Chelmsford Hospital School | Other Independent School | Outstanding | 1.36 KM |
| Our Lady Immaculate Catholic Primary School | Academy Converter | Good | 1.54 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Trinity Road | £ 0 | 0 | 0.00 KM |
| Eckersley Road | £ 230,000 | 0 | 0.00 KM |
| Trinity Close | £ 0 | 0 | 0.00 KM |
| Cobbs Place | £ 0 | 0 | 0.00 KM |
| Grays Brewery Yard | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Chelmsford | 6836 | CHM | 1.28 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Balmoral Court, Springfield Road, Chelmsford | £ 125,000 | BUY | 7 / 10 | 0.00 KM |
| Balmoral Court, Springfield Road, Chelmsford | £ 200,000 | BUY | 7 / 10 | 0.00 KM |
| Balmoral Court, Springfield Road, Chelmsford | £ 95,000 | BUY | 5 / 10 | 0.00 KM |
| Balmoral Court, Springfield Road, Chelmsford | £ 215,000 | BUY | 5 / 10 | 0.00 KM |
| Balmoral Court, Springfield Road, Chelmsford | £ 150,000 | BUY | 6 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| Penpol | £ 215,000 | 0.10 KM |
| 17 Shrublands Close | £ 255,000 | 0.14 KM |
| 10 Shrublands Close | £ 200,000 | 0.14 KM |
| 27 Sandringham Place | £ 125,000 | 0.14 KM |
| 24 Shrublands Close | £ 270,000 | 0.14 KM |