New Street, Chelmsford, Essex, CM1
BA

New Street, Chelmsford, Essex, CM1

By Balgores

£ 220,000

Reviews

2 out of 5 stars

Balgores says ..

* NO ONWARD CHAIN * APARTMENT * TWO GOOD SIZE BEDROOMS * 14'3" LIVING ROOM * 11'6" KITCHEN * BALCONY * PHONE ENTRY SYSTEM * WELL LOCATED FOR CHELMSFORD HIGH STREET *Secure agreement available

Property Oracle says ..

This two-bedroom apartment located on New Street in Chelmsford offers a convenient city-centre location with proximity to the train station and Anglia Ruskin University. The apartment is situated within walking distance of Chelmsford’s High Street, providing easy access to shops, restaurants, and other amenities. The property itself appears to be in reasonable condition, although some modernisation may be desirable to improve its aesthetic appeal and market value. The kitchen and bathroom are functional but might benefit from an update. The bedrooms’ carpeting appears worn. Importantly, the property lacks a private garden, which is a common limitation for apartments of this type. Considering the relatively competitive pricing for comparable apartments in the area, and its location, the property represents a suitable purchase for first-time buyers or investors seeking a convenient city-centre location in Chelmsford.

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
5
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
528.83

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
399,091.00 £
Increased by 10.45 %
from 361,327.00 £
Est sale value
320,470.98 £
Increased by 30.89 %
from 244,848.29 £
Average area rental value
1,351.00 £/mo
Increased by 0.52 %
from 1,344.00 £/mo
Est letting value
1,057.66 £/mo
Increased by 100.00 %
from 528.83 £/mo
Est rental Yield
4.06 %
Decreased by 8.97 %
from 4.46 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Balgores created the listing.

Nearby Schools

NameTypeOfstedDistance
Anglia Ruskin UniversityHigher Education Institutions0.15 KM
The Cathedral Church Of England Voluntary Aided Primary School, ChelmsfordVoluntary Aided SchoolRequires improvement0.48 KM
Chelmsford County High School For GirlsAcademy Converter0.75 KM
King Edward Vi Grammar School, ChelmsfordAcademy Converter1.01 KM
Maltese Road Primary SchoolAcademy Sponsor LedGood1.19 KM

Images

Property Exterior Kitchen Lounge/Diner Bedroom Bedroom Bathroom

Nearby Streets

NameAverage PriceAverage SqftDistance
Alan Cherry Drive £ 000.00 KM
Eckersley Road £ 230,00000.00 KM
Fell Christy £ 000.00 KM
Market Road £ 335,00000.00 KM
Railway Square £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Chelmsford6836CHM0.70 KM

Nearby Listings

AddressPriceTypeScoreDistance
New Street, Chelmsford, Essex, CM1 £ 220,000BUY5 / 100.00 KM
New Street, Chelmsford £ 220,000BUYUnknown0.01 KM
The Phoenix, New Street, Chelmsford £ 200,000BUYUnknown0.01 KM
New Street, Chelmsford, CM1 £ 210,000BUY6 / 100.03 KM
New Street, Chelmsford £ 220,000BUY6 / 100.03 KM

Nearby Properties

AddressPriceDistance
38 New Street £ 170,0000.00 KM
36 New Street £ 190,0000.00 KM
37 New Street £ 70,0000.00 KM
45 Marconi Road £ 359,9950.11 KM
44 Bishop Road £ 109,0000.12 KM