Bairstow Eves says ..

Property Oracle says ..

The property is a 4-bedroom, 2-bathroom semi-detached house located on Rainsford Lane in Chelmsford, Essex. It has a plot size of 1,160 sqft and is listed at £425,000. The average price for a property in the area is £359,211, with an average price per sqft of £396. This property is slightly above average in terms of price. The location is positive, with nearby schools including Maltese Road Primary School (rated ‘Good’ by Ofsted) and King Edward VI Grammar School, both within a kilometre. Chelmsford train station is also within reasonable proximity, providing convenient access to transport links. The presence of a garden is confirmed in the provided images. Based on the images, the property appears to be in need of significant modernisation and renovation. The interior finishes, fixtures, and fittings throughout the house are dated and show signs of wear and tear. The carpets, walls, and kitchen units are all in need of updating. This would significantly impact the overall cost of ownership. Considering the need for renovation, the relatively small size (580 sqft) and the list price of £425,000, the price may be considered high compared to similar properties in the area. While the location and garden are positive aspects, the extensive renovation required significantly impacts the value proposition. Nearby comparable semi-detached properties on Rainsford Lane are listed at a lower price point, further supporting this assessment.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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