Leonard Gray Estate Agents & Solicitors says ..

Property Oracle says ..

The property is a semi-detached bungalow located on Main Road, Broomfield, Chelmsford, Essex. It has two bedrooms, one bathroom, and a total area of 693 sqft, situated on a plot of 809.30 sqft. The list price is £375,000.

The property benefits from being close to several schools, including Chelmer Valley High School (Good Ofsted rating) and Broomfield Primary School (Good Ofsted rating), both within a kilometer. Chelmsford train station is also relatively close, offering convenient transport links. The presence of a garden and a garage are positive aspects.

However, the images reveal that the property is in need of some modernisation. The carpets appear worn, and some areas show signs of age and potential damp. The kitchen and bathroom, while functional, are dated and could benefit from updating. This suggests a need for renovation work.

Considering the average house price in the area is significantly higher (£560,288) and the average price per sqft is £430, the listed price of £375,000 for this 693 sqft property appears relatively low. This could be attributed to the condition of the property requiring renovation. However, the lower price may also reflect the smaller size of the property compared to the area average (693 sqft vs 1300 sqft). The smaller plot size may also play a role.

Based on the provided information, the property presents a potential opportunity for a buyer willing to undertake renovations. The location is desirable due to proximity to schools and transport links. The lower price could be attractive to buyers looking for a project.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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