Albion Court, Chelmsford
CO

Albion Court, Chelmsford

By Connells

£ 90,000

Reviews

2 out of 5 stars

Connells says ..

Situated in the well-known Albion Court development on Moulsham Street, this retirement property occupies the first floor and is comprised of: Entrance Hallway with storage cupboard, Lounge with opening into Fitted Kitchen with Oven and Hob. One Double Bedroom with wardrobe and bathroom.

Property Oracle says ..

This one-bedroom retirement apartment in Albion Court, Chelmsford, offers a relatively affordable entry point into the Chelmsford property market. Situated near Moulsham Street, residents benefit from local amenities, including shops, restaurants, and cafes. The proximity to Chelmsford train station ensures good transport links. Several schools are also within walking distance. However, potential buyers should note that the property is in need of modernisation. The interior finishes are dated and may require updating to meet current tastes and standards. While a communal garden is present, there is no private outdoor space. The apartment is priced competitively for the area, reflecting both its status as a retirement apartment and the need for some refurbishment. This property would be suitable for a first-time buyer or investor looking for a project, potentially for rental income to a specific demographic, or a retirement option in need of minimal upgrade. A thorough survey and assessment of any potential service charges associated with retirement developments are highly recommended prior to purchase.

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
5
Location
7
Land
2
Bedrooms
1
Bathrooms
1
Sqft (est)
678.13

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
318,721.10 £
Increased by 24.67 %
from 255,655.01 £
Average area rental value
1,429.00 £/mo
Increased by 5.77 %
from 1,351.00 £/mo
Est letting value
1,356.26 £/mo
Increased by 100.00 %
from 678.13 £/mo
Est rental Yield
6.46 %
Increased by 43.88 %
from 4.49 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Connells created the listing.

Nearby Schools

NameTypeOfstedDistance
Our Lady Immaculate Catholic Primary SchoolAcademy ConverterGood0.14 KM
St Anne'S SchoolOther Independent School0.24 KM
Oaklands Infant SchoolAcademy Converter0.34 KM
St Cedd'S SchoolOther Independent School0.34 KM
Chelmsford CollegeFurther EducationGood0.36 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Godfrey Mews £ 180,00000.00 KM
Victoria Road South £ 325,00000.00 KM
Market Road £ 335,00000.00 KM
Nichols Court £ 000.00 KM
Upper Chase £ 222,50000.00 KM

Nearby Transport

NameNLCTLCDistance
Chelmsford6836CHM0.96 KM

Nearby Listings

AddressPriceTypeScoreDistance
Albion Court, Chelmsford £ 90,000BUY5 / 100.00 KM
Albion Court, Queen Street, Chelmsford £ 160,000BUYUnknown0.00 KM
Queen Street, Chelmsford, CM2 £ 92,500BUY5 / 100.01 KM
Albion Court, Queen Street, Chelmsford, CM2 £ 120,000BUY4 / 100.01 KM
Queen Street, Chelmsford, CM2 £ 95,000BUY5 / 100.01 KM

Nearby Properties

AddressPriceDistance
139 Moulsham Street £ 245,0000.07 KM
141 Moulsham Street £ 226,2500.07 KM
140 Moulsham Street £ 425,0000.07 KM
14 Anchor Street £ 425,0000.08 KM
5 Anchor Street £ 282,5000.08 KM