The Leys, Springfield, Chelmsford
MA

The Leys, Springfield, Chelmsford

By Martin & Co

£ 325,000

Reviews

2 out of 5 stars

Martin & Co says ..

**Guide Price - £325,000 - £350,000** Situated in a quiet Springfield cul-de-sac, this 3-bedroom mid-terrace offers fantastic refurbishment potential! Featuring a downstairs W/C, family bathroom, and garage in a block. No onward chain ensures a smooth process. Ideal for first-time buyer...

Property Oracle says ..

This three-bedroom mid-terrace house in Springfield, Chelmsford, presents a mixed bag for potential buyers. Situated on The Leys, the property benefits from a convenient location, with good schools and Chelmsford city centre within reasonable distance. The proximity to Chelmsford station is also advantageous for commuters. However, the property is in clear need of significant refurbishment. The images illustrate outdated kitchens and bathrooms, worn carpets, and potential water damage, indicating substantial renovation costs. While the garden provides some outdoor space, the exact size isn’t provided. The list price of £325,000 is lower than average for this street, but the extensive renovation requirements need to be fully factored into any purchase decision. Overall, the property offers potential for a buyer willing to undertake a renovation project, however, the level of work required should be fully assessed to ensure the investment makes sense. Given the significant refurbishment needed, it’s challenging to ascertain the property’s true value without a detailed survey. A careful comparison with comparable properties in the area, considering their condition and size, is essential for a well-informed purchase decision.

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
6
Condition
4
Location
7
Land
5
Bedrooms
3
Bathrooms
1
Sqft (est)
909.80

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
446,826.00 £
Increased by 0.22 %
from 445,846.00 £
Est sale value
378,476.80 £
Increased by 9.19 %
from 346,633.80 £
Average area rental value
1,514.00 £/mo
Decreased by 8.57 %
from 1,656.00 £/mo
Est letting value
909.80 £/mo
Unchanged by 0.00 %
from 909.80 £/mo
Est rental Yield
4.07 %
Decreased by 8.74 %
from 4.46 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Martin & Co marked this listing as sold.

  • Martin & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
Che1/A Chelmsford Central Family HubChildren's Centre0.40 KM
The Tyrrells SchoolAcademy ConverterGood0.71 KM
The Bishops' Church Of England And Roman Catholic Primary SchoolVoluntary Aided SchoolGood0.79 KM
The Boswells SchoolAcademy ConverterGood0.93 KM
Chelmsford Hospital SchoolOther Independent SchoolOutstanding0.96 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
The Leys £ 512,50000.00 KM
Buckingham Court £ 000.00 KM
New Bowers Way £ 232,50000.00 KM
Randulph Terrace £ 000.00 KM
Lawn Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Chelmsford6836CHM3.34 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Leys, Springfield, Chelmsford £ 325,000BUY5 / 100.00 KM
Belgrave Place, Chelmsford, CM2 £ 850,000BUY7 / 100.10 KM
Wallasea Gardens, Chelmsford, CM1 £ 585,000BUYUnknown0.14 KM
Falmouth Road, Chelmsford, CM1 £ 475,000BUY7 / 100.17 KM
Oxford Court, Chelmsford, Essex, CM2 £ 375,000BUYUnknown0.17 KM

Nearby Properties

AddressPriceDistance
12 The Leys £ 700,0000.02 KM
10 The Leys £ 320,0000.02 KM
1 The Leys £ 190,0000.02 KM
7 The Leys £ 250,0000.02 KM
8 The Leys £ 60,0000.02 KM