Balmoral Court, Springfield Road, Chelmsford
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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 %
from 361,050.00 £
Est sale value
211,612.80 £
Increased by 24.67 %
from 169,740.48 £
Average area rental value
1,429.00 £/mo
Increased by 5.77 %
from 1,351.00 £/mo
Est letting value
900.48 £/mo
Increased by 100.00 %
from 450.24 £/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 BEDROOM COMMUNAL PATIO BATHROOM PARKING COMMUNAL GARDEN AREA

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

Nearby Properties

AddressPriceDistance
Penpol £ 215,0000.10 KM
17 Shrublands Close £ 255,0000.14 KM
10 Shrublands Close £ 200,0000.14 KM
27 Sandringham Place £ 125,0000.14 KM
24 Shrublands Close £ 270,0000.14 KM