2 Macmillan Court, Godfreys Mews, Chelmsford, Essex, CM2 0XE
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2 Macmillan Court, Godfreys Mews, Chelmsford, Essex, CM2 0XE

By Dedman Gray Auction

£ 500,000

Reviews

2 out of 5 stars

Dedman Gray Auction says ..

FOR SALE BY PUBLIC AUCTION ON THURSDAY, 9TH OCTOBER 2025 AT 12.00PM NOON. LIVE STREAMED VIA DEDMAN GRAY WEBSITE. BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE; RESIDENTIAL INVESTMENT: A ONE BEDROOM WELL PRESENTED GROUND FLOOR LEASEHOLD OVER 55's RETIREMENT FLAT IN THE HEART OF CHELMSFORD CITY ...

Property Oracle says ..

This is a one-bedroom retirement property located in Chelmsford, Essex. The location offers good access to local amenities, transportation, and schools. The property itself appears to be in reasonable condition, although it could benefit from some modernisation. It benefits from communal gardens. However, the listed price of £500,000 seems significantly overpriced compared to similar properties in the area and the average property price in Chelmsford. This makes it a potentially poor investment unless there are unique factors not apparent in the listing.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
1
Condition
6
Location
7
Land
4
Bedrooms
1
Bathrooms
1

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 £
Average area rental value
1,429.00 £/mo
Increased by 5.77 %
from 1,351.00 £/mo
Est rental Yield
6.46 %
Increased by 43.88 %
from 4.49 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Dedman Gray Auction created the listing.

Nearby Schools

NameTypeOfstedDistance
Oaklands Infant SchoolAcademy Converter0.48 KM
Our Lady Immaculate Catholic Primary SchoolAcademy ConverterGood0.49 KM
St Anne'S SchoolOther Independent School0.68 KM
Chelmsford CollegeFurther EducationGood0.71 KM
St Cedd'S SchoolOther Independent School0.79 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Godfrey Mews £ 180,00000.00 KM
Grays Brewery Yard £ 000.00 KM
Market Road £ 335,00000.00 KM
Victoria Road South £ 325,00000.00 KM
Wallace Crescent £ 445,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Chelmsford6836CHM0.95 KM

Nearby Listings

AddressPriceTypeScoreDistance
2 Macmillan Court, Godfreys Mews, Chelmsford, Essex, CM2 0XE £ 500,000BUY4 / 100.00 KM
Grove Road, Old Moulsham, Chelmsford £ 325,000BUY6 / 100.04 KM
Grove Road, Chelmsford, CM2 £ 350,000BUY6 / 100.04 KM
Godfreys Mews, Chelmsford, CM2 £ 120,000BUY4 / 100.04 KM
Godfreys Mews, Chelmsford, CM2 £ 135,000BUY5 / 100.04 KM

Nearby Properties

AddressPriceDistance
18 Grove Road £ 198,0000.03 KM
7 Grove Road £ 223,0000.03 KM
16 Grove Road £ 320,0000.03 KM
15 Grove Road £ 156,5000.03 KM
4 Grove Road £ 410,0000.03 KM