Mearns Place, Chelmer Village, Chelmsford
HA

Mearns Place, Chelmer Village, Chelmsford

By Hamilton Piers

£ 130,000

Reviews

3 out of 5 stars

Hamilton Piers says ..

Being sold with NO ONWARD CHAIN is this GROUNF FLOOR, studio apartment, spacious lounge/bedroom, fitted kitchen, bathroom, private residents parking with visitors spaces, IDEAL FOR FIRST TIME BUYERS or as an investment, located in a quiet cul-de-sac in Chelmer Village, contact Hamilton Piers to v...

Property Oracle says ..

This property is a studio flat located in Chelmer Village, Chelmsford. The location benefits from being relatively close to local schools such as Barnes Farm Infant and Junior Schools (approximately 0.85km away) and several other schools within a 1.1km radius. Chelmsford train station is also within a reasonable distance (3.58km). While the property itself is a studio flat, the images suggest it is in reasonable condition, although it may lack some modern amenities. The list price of £130,000 is significantly lower than the average house price in the area (£244,515), but this is expected given the property type. However, comparing it to other flats in the immediate vicinity (Mearns Place), the price seems reasonable, although some nearby flats are listed at significantly higher prices. More information on the size of the property would be helpful to determine if the price is truly competitive in relation to the average price per square foot.

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
7
Condition
7
Location
8
Land
3
Bedrooms
0
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
149,800.00 £
Decreased by 39.37 %
from 247,091.00 £
Average area rental value
1,131.00 £/mo
Increased by 5.60 %
from 1,071.00 £/mo
Est rental Yield
9.06 %
Increased by 74.23 %
from 5.20 %
Crime Rate
70.00 %
Unchanged by 0.00 %
from 70.00 %

Agent Activity

  • Hamilton Piers created the listing.

Nearby Schools

NameTypeOfstedDistance
Che1/A Chelmsford Central Family HubChildren's Centre0.17 KM
Barnes Farm Junior SchoolAcademy Converter0.85 KM
Barnes Farm Infant SchoolAcademy Converter0.85 KM
The Bishops' Church Of England And Roman Catholic Primary SchoolVoluntary Aided SchoolGood1.16 KM
The Tyrrells SchoolAcademy ConverterGood1.19 KM

Images

MF.jpg K.jpg L:B.jpg BR.jpg P.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Buckingham Court £ 000.00 KM
The Leys £ 512,50000.00 KM
Village Gate £ 550,00000.00 KM
New Bowers Way £ 232,50000.00 KM
Hollis Lock £ 550,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Chelmsford6836CHM3.58 KM

Nearby Listings

AddressPriceTypeScoreDistance
Mearns Place, Chelmer Village, Chelmsford £ 130,000BUY6 / 100.00 KM
Mearns Place, Chelmsford £ 120,000BUY3 / 100.00 KM
Mearns Place, Chelmer Village, Chelmsford £ 125,000BUY5 / 100.01 KM
Mearns Place, Chelmsford, CM2 6 £ 150,000BUY6 / 100.03 KM
Inkerpole Place, Chelmsford £ 650,000BUYUnknown0.06 KM

Nearby Properties

AddressPriceDistance
9 Mearns Place £ 290,0000.01 KM
12 Mearns Place £ 97,0000.01 KM
6 Mearns Place £ 24,4000.01 KM
10 Mearns Place £ 115,0000.01 KM
11 Mearns Place £ 397,0000.01 KM