Springfield Road, Chelmsford, CM2
BA

Springfield Road, Chelmsford, CM2

By Balch Estate Agents

£ 100,000

Reviews

2 out of 5 stars

Balch Estate Agents says ..

Being offered to the market with no onward chain, is this well -presented one bedroom, ground floor retirement apartment. Accommodation comprises an entrance hall, lounge / diner, modern shower room, fitted kitchen and bedroom with fitted wardrobes. The property has the added benefit with dire...

Property Oracle says ..

This property is a one-bedroom, one-bathroom retirement apartment located in Balmoral Court, Springfield Road, Chelmsford, CM2 6JL. The apartment is situated within a larger complex of similar properties. The provided photographs reveal a modestly sized living space with neutral décor and basic, functional features. The kitchen is compact, and the bathroom appears to be recently fitted. The apartment benefits from access to a communal garden, as pictured in the photos. The location in Chelmsford offers convenient access to amenities, and several schools are within walking distance. However, the property’s primary appeal is likely to be its accessibility and affordability for those seeking a retirement property in a convenient location, rather than to those seeking a home with modern features or large garden. The lack of precise square footage data for comparable properties limits the ability to fully assess the list price’s competitiveness and value for money. Nevertheless, the listing price is within the range of similarly described properties in the area, suggesting it is appropriately priced for its features and location within the retirement property market niche. The photos presented don’t present significant problems and the apartment is presented in a clean condition.

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
2
Bedrooms
1
Bathrooms
1
Sqft (est)
523.88

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
246,223.60 £
Increased by 24.67 %
from 197,502.76 £
Average area rental value
1,429.00 £/mo
Increased by 5.77 %
from 1,351.00 £/mo
Est letting value
1,047.76 £/mo
Increased by 100.00 %
from 523.88 £/mo
Est rental Yield
6.46 %
Increased by 43.88 %
from 4.49 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Balch Estate Agents marked this listing as sold.

  • Balch Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
The Cathedral Church Of England Voluntary Aided Primary School, ChelmsfordVoluntary Aided SchoolRequires improvement0.49 KM
Trinity Road Primary SchoolCommunity SchoolGood0.56 KM
Anglia Ruskin UniversityHigher Education Institutions0.97 KM
Chelmsford Hospital SchoolOther Independent SchoolOutstanding1.35 KM
Our Lady Immaculate Catholic Primary SchoolAcademy ConverterGood1.56 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Trinity Road £ 000.00 KM
Trinity Close £ 000.00 KM
Eckersley Road £ 230,00000.00 KM
Cobbs Place £ 000.00 KM
Grays Brewery Yard £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Chelmsford6836CHM1.29 KM

Nearby Listings

AddressPriceTypeScoreDistance
Springfield Road, Chelmsford £ 110,000BUY6 / 100.00 KM
Springfield Road, Chelmsford, CM2 £ 170,000BUY6 / 100.00 KM
Balmoral Court, Chelmsford £ 190,000BUYUnknown0.01 KM
Balmoral Court, Springfield Road, Chelmsford £ 125,000BUY7 / 100.02 KM
Balmoral Court, Springfield Road, Chelmsford £ 105,000BUY6 / 100.02 KM

Nearby Properties

AddressPriceDistance
Penpol £ 215,0000.09 KM
21 Sandringham Place £ 150,0000.13 KM
15 Sandringham Place £ 182,0000.13 KM
17 Sandringham Place £ 146,5000.13 KM
1 Sandringham Place £ 134,5000.13 KM