Miami House, Princes Road, Chelmsford, Essex, CM2 9GE
McCarthy & Stone Resales logo

Miami House, Princes Road, Chelmsford, Essex, CM2 9GE

By McCarthy & Stone Resales

£ 320,000

Reviews

3 out of 5 stars

McCarthy & Stone Resales says ..

ENJOY LUNCH ON US WHEN YOU TAKE A TOUR OF MIAMI HOUSE - BOOK NOW! *LIKE NEW CONDITION* well presented one bedroom first floor apartment with WALK OUT BALCONY set within a desirable MCCARTHY STONE retirement living plus development PART EXCHANGE, ENTITLEMENTS ADVICE, REMOVALS AND SO...

Property Oracle says ..

The property is a 1-bedroom, 1-bathroom apartment located in Chelmsford, Essex. The apartment is part of a modern development, as evidenced by the images. It appears to be in excellent condition, with modern fixtures and fittings throughout the kitchen and bathroom. The living areas are spacious and well-presented. The apartment benefits from a private balcony, offering some outdoor space. The location is reasonably good, with relatively close proximity to Chelmsford city centre and a train station providing access to London. Several schools are within a reasonable distance, although the Ofsted ratings of some are not provided. The plot size is relatively small, typical for an apartment. The list price of £320,000 is higher than the average price for the area (£244,515), but the average square footage in the area is significantly larger (948 sqft vs 606.40 sqft). Considering the modern condition of the apartment, its location, and the included balcony, the price may be justifiable, although a detailed comparison with similarly sized and appointed apartments in the immediate vicinity would be needed to confirm this.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
9
Location
7
Land
3
Bedrooms
1
Bathrooms
1
Sqft (est)
606.40
Lot (est)
627.00

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
785,625.00 £
Increased by 94.18 %
from 404,586.00 £
Est sale value
517,259.20 £
Increased by 111.66 %
from 244,379.20 £
Average area rental value
1,595.00 £/mo
Increased by 8.28 %
from 1,473.00 £/mo
Est letting value
606.40 £/mo
Unchanged by 0.00 %
from 606.40 £/mo
Est rental Yield
2.44 %
Decreased by 44.16 %
from 4.37 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • McCarthy & Stone Resales created the listing.

Nearby Schools

NameTypeOfstedDistance
Widford Lodge Preparatory SchoolOther Independent School0.42 KM
Chelmsford CollegeFurther EducationGood0.72 KM
St Cedd'S SchoolOther Independent School0.80 KM
St Anne'S SchoolOther Independent School0.90 KM
Community College Initiative LtdSpecial Post 16 InstitutionRequires improvement0.95 KM

Images

Wardrobe.JPG Balcony.JPG Lounge.JPG Lounge .JPG Kitchen.JPG Bedroom.JPG Bedroom  .JPG Exterior.JPG Bedroom .JPG Hallway.JPG Shower Room.JPG Communal gardens .jpg fd1408a6-9917-4dc4-820d-653c2b3056b1.jpg Miami House restaurant.jpg 8648523-interior04-800.jpg 8648523-interior01-800.jpg 8648523-interior02-800.jpg 8648523-interior07-800.jpg 8648523-interior08-800.jpg 8648523-interior11-800.jpg 8648523-interior14-800.jpg 8648523-interior17-800.jpg 8648523-interior13-800.jpg 8648523-exterior03-800.jpg 8648523-exterior04-800.jpg 8648523-exterior08-800.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Miami Roundabout £ 000.00 KM
London Road £ 000.00 KM
London Road £ 000.00 KM
Upper Chase £ 222,50000.00 KM
Nichols Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Chelmsford6836CHM1.85 KM

Nearby Listings

AddressPriceTypeScoreDistance
Miami House, Princes Road, Chelmsford, Essex, CM2 9GE £ 320,000BUY6 / 100.00 KM
Princes Road, Chelmsford, CM2 £ 315,000BUY7 / 100.01 KM
Miami House, Princes Road, Chelmsford, Essex, CM2 9GE £ 470,000BUY6 / 100.01 KM
Miami House, Princes Road, Chelmsford, Essex, CM2 9GE £ 400,000BUY6 / 100.02 KM
Miami House, Princes Road, Chelmsford, Essex, CM2 9GE £ 450,000BUY5 / 100.02 KM

Nearby Properties

AddressPriceDistance
43 Brooklands Walk £ 188,0000.05 KM
44 Brooklands Walk £ 180,0000.05 KM
9 Brooklands Walk £ 146,0000.05 KM
23 Brooklands Walk £ 55,0000.05 KM
37 Brooklands Walk £ 78,5000.05 KM