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 %
- Average area rental value
- 1,429.00 £/moIncreased by 5.77 %
- Est rental Yield
- 6.46 %Increased by 43.88 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Dedman Gray Auction created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Oaklands Infant School | Academy Converter | 0.48 KM | |
| Our Lady Immaculate Catholic Primary School | Academy Converter | Good | 0.49 KM |
| St Anne'S School | Other Independent School | 0.68 KM | |
| Chelmsford College | Further Education | Good | 0.71 KM |
| St Cedd'S School | Other Independent School | 0.79 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Godfrey Mews | £ 180,000 | 0 | 0.00 KM |
| Grays Brewery Yard | £ 0 | 0 | 0.00 KM |
| Market Road | £ 335,000 | 0 | 0.00 KM |
| Victoria Road South | £ 325,000 | 0 | 0.00 KM |
| Wallace Crescent | £ 445,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Chelmsford | 6836 | CHM | 0.95 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| 2 Macmillan Court, Godfreys Mews, Chelmsford, Essex, CM2 0XE | £ 500,000 | BUY | 4 / 10 | 0.00 KM |
| Grove Road, Old Moulsham, Chelmsford | £ 325,000 | BUY | 6 / 10 | 0.04 KM |
| Grove Road, Chelmsford, CM2 | £ 350,000 | BUY | 6 / 10 | 0.04 KM |
| Godfreys Mews, Chelmsford, CM2 | £ 120,000 | BUY | 4 / 10 | 0.04 KM |
| Godfreys Mews, Chelmsford, CM2 | £ 135,000 | BUY | 5 / 10 | 0.04 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 18 Grove Road | £ 198,000 | 0.03 KM |
| 7 Grove Road | £ 223,000 | 0.03 KM |
| 16 Grove Road | £ 320,000 | 0.03 KM |
| 15 Grove Road | £ 156,500 | 0.03 KM |
| 4 Grove Road | £ 410,000 | 0.03 KM |