Vermeer Ride, Chelmsford
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Vermeer Ride, Chelmsford

By Paul Mason Associates

£ 229,995

Reviews

3 out of 5 stars

Paul Mason Associates says ..

Gary Townsend at Paul Mason Associates offers this one bedroom property located in the popular area of North Springfield and is offered with VACANT POSSESSION. The property would be an ideal purchase for a First Time Buyer or Investor. In need of some modernisation, this home provides th...

Property Oracle says ..

The property is located in Springfield North, Chelmsford, Essex. The area benefits from relatively close proximity to several schools, including The Bishops’ Church of England and Roman Catholic Primary School (rated ‘Good’ by Ofsted) and Springfield Primary School. Chelmsford train station is also within reasonable distance, providing links to other parts of the UK. However, the lack of readily available information regarding local shops and amenities makes a comprehensive assessment of location challenging. Based on the provided images, the property appears to be in generally good condition, though some aspects of the interior could benefit from modernisation. The kitchen and bathroom, in particular, show signs of age. There is no evidence of significant damage or disrepair. The property includes a small garden, although the exact size is not specified. The list price of £229,995 is considerably lower than the average price of £244,515 for the area. Considering the smaller size (405 sq ft compared to the area average of 948 sq ft) and the presence of a garden, the price may appear reasonable, however the average price per sqft is not very useful given that none of the nearby properties have sqft data. More information on comparable properties in the immediate vicinity would be needed to definitively assess the value. The nearby properties all seem to be significantly more expensive, though this could be due to size differences.

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
8
Condition
7
Location
7
Land
5
Bedrooms
1
Bathrooms
1
Sqft (est)
405.00

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
149,800.00 £
Decreased by 39.37 %
from 247,091.00 £
Est sale value
65,205.00 £
Decreased by 30.90 %
from 94,365.00 £
Average area rental value
1,131.00 £/mo
Increased by 5.60 %
from 1,071.00 £/mo
Est letting value
405.00 £/mo
Unchanged by 0.00 %
from 405.00 £/mo
Est rental Yield
9.06 %
Increased by 74.23 %
from 5.20 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Paul Mason Associates created the listing.

Nearby Schools

NameTypeOfstedDistance
The Bishops' Church Of England And Roman Catholic Primary SchoolVoluntary Aided SchoolGood0.32 KM
Springfield Primary SchoolCommunity SchoolRequires improvement0.58 KM
The Beaulieu Park SchoolFree Schools0.73 KM
The Boswells SchoolAcademy ConverterGood1.24 KM
Che1/A Chelmsford Central Family HubChildren's Centre1.29 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
New Bowers Way £ 232,50000.00 KM
Gardiner Way £ 000.00 KM
Joseph Prentice Way £ 000.00 KM
The Leys £ 512,50000.00 KM
Philip Whitehead Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Chelmsford6836CHM4.06 KM

Nearby Listings

AddressPriceTypeScoreDistance
Vermeer Ride, Chelmsford £ 229,995BUY6 / 100.00 KM
Vermeer Ride, Chelmsford £ 400,000BUY6 / 100.02 KM
Vermeer Ride, Springfield, Chelmsford £ 240,000BUY6 / 100.04 KM
Bouchers Mead, Springfield, Chelmsford, CM1 £ 340,000BUY6 / 100.10 KM
Bouchers Mead, Chelmsford, Essex, CM1 £ 550,000BUY7 / 100.11 KM

Nearby Properties

AddressPriceDistance
20 Vermeer Ride £ 240,0000.03 KM
34 Vermeer Ride £ 248,0000.03 KM
24 Vermeer Ride £ 225,0000.03 KM
17 Vermeer Ride £ 345,0000.03 KM
44 Vermeer Ride £ 104,0000.03 KM