Lupin Drive, Chelmsford, Essex, CM1
AB

Lupin Drive, Chelmsford, Essex, CM1

By Abbotts

£ 180,000

Reviews

2 out of 5 stars

Abbotts says ..

Being offered with no onward chain is this two-bedroom top floor apartment located in the popular area of Springfield, providing an excellent first-time purchase or buy to let investment. This apartment does require some modernisation and internally consists of an entrance hallway, spacious recep...

Property Oracle says ..

The property is a two-bedroom apartment located in Springfield North, Chelmsford, Essex. The apartment is listed at £180,000 and has a size of 536.12 sqft. Based on the provided images, the property appears to be in generally fair condition, although some minor cosmetic updates would likely improve its overall presentation. The flooring shows some wear and tear, and the walls could benefit from repainting. The kitchen and bathroom appear functional but dated, suggesting a need for some modernisation. The property’s location is positive, with several schools within a reasonable distance, including The Bishops’ Church of England and Roman Catholic Primary School (rated ‘Good’ by Ofsted) and The Tyrrells School (also rated ‘Good’). The proximity to Chelmsford city centre via bus links is also a convenient feature. However, the lack of information regarding local amenities like shops and other facilities makes a complete assessment of location difficult. The plot size is relatively small at 536 sqft, which is typical for an apartment. There is a small area of grass visible in the exterior photos, but it is not a large garden. Considering the property’s condition, location, and limited plot size, the list price of £180,000 appears to be within a reasonable range compared to other similar properties in the area. However, the lack of sqft data for comparable properties makes a precise price-per-sqft comparison impossible. The presence of other apartments in the area listed for similar prices suggests the listing price is competitive. Additional information on the property’s leasehold details would be beneficial in assessing the overall value.

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
3
Bedrooms
2
Bathrooms
1
Sqft (est)
536.12
Lot (est)
536.00

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
149,800.00 £
Decreased by 39.37 %
from 247,091.00 £
Est sale value
86,315.32 £
Decreased by 30.90 %
from 124,915.96 £
Average area rental value
1,131.00 £/mo
Increased by 5.60 %
from 1,071.00 £/mo
Est letting value
536.12 £/mo
Unchanged by 0.00 %
from 536.12 £/mo
Est rental Yield
9.06 %
Increased by 74.23 %
from 5.20 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Abbotts created the listing.

Nearby Schools

NameTypeOfstedDistance
The Bishops' Church Of England And Roman Catholic Primary SchoolVoluntary Aided SchoolGood0.22 KM
Springfield Primary SchoolCommunity SchoolRequires improvement0.55 KM
Che1/A Chelmsford Central Family HubChildren's Centre0.82 KM
The Tyrrells SchoolAcademy ConverterGood0.88 KM
The Boswells SchoolAcademy ConverterGood0.91 KM

Images

Front Lounge Bedroom Bedroom Lounge Kitchen Bathroom Lounge Bedroom Kitchen

Nearby Streets

NameAverage PriceAverage SqftDistance
New Bowers Way £ 232,50000.00 KM
The Leys £ 512,50000.00 KM
Buckingham Court £ 000.00 KM
White Hart Lane £ 000.00 KM
Gardiner Way £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Chelmsford6836CHM3.65 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lupin Drive, Chelmsford, Essex, CM1 £ 180,000BUY5 / 100.00 KM
Lupin Drive, Chelmsford, Essex, CM1 £ 15,000BUY6 / 100.00 KM
Lupin Drive, Chelmsford £ 375,000BUY6 / 100.07 KM
Lupin Drive, Springfield, Chelmsford £ 185,000BUY5 / 100.09 KM
Lupin Drive, Springfield, Chelmsford, Essex, CM1 £ 185,000BUY5 / 100.09 KM

Nearby Properties

AddressPriceDistance
17 Lupin Drive £ 157,5000.00 KM
81 Lupin Drive £ 388,0000.00 KM
7 Lupin Drive £ 111,0000.00 KM
31 Lupin Drive £ 188,0000.00 KM
29 Lupin Drive £ 42,0000.00 KM