Shelley Road, Chelmsford, Essex, CM2
By McGowan Housing
£ 375,000
Reviews
2 out of 5 stars
McGowan Housing says ..
Buy-to-Let Opportunity | 5 Bedroom HMO | Driveway | Rear Garden Space | Easy Access to Local Amenities
Property Oracle says ..
This five-bedroom terraced house on Shelley Road, Chelmsford, presents a mixed bag for prospective buyers. Its location in Chelmsford offers easy access to transport links, schools (including Trinity Road Primary School within a short distance), and various local amenities. This makes it an attractive option for families or those seeking rental income. However, the property’s condition is less than ideal. While structurally sound, the photos provided depict an interior requiring substantial modernisation and refurbishment. The kitchen and bathrooms are dated, and general wear and tear is visible in several rooms. The property includes a garden space, though this area appears to need some attention. The garden is a sizeable asset but lacks visual appeal at present. The asking price falls within the range of other properties in the area, but the necessary renovations will impact its overall perceived value. A serious buyer will likely budget for comprehensive renovations to bring the property up to modern standards. The lack of square footage data makes a definitive statement about value difficult. Overall, this property offers potential for improvement, particularly for someone looking to renovate and add value, or as an investor looking for rental returns. However, potential buyers should carefully factor in the cost of renovations before making an offer.
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
- 5
- Bathrooms
- 2
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 %
- Average area rental value
- 1,514.00 £/moDecreased by 8.57 %
- Est rental Yield
- 4.07 %Decreased by 8.74 %
- Crime Rate
- 8.00 %Unchanged by 0.00 %
Agent Activity
McGowan Housing created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Trinity Road Primary School | Community School | Good | 0.58 KM |
| Meadgate Primary School | Academy Sponsor Led | Good | 0.99 KM |
| Chelmsford Hospital School | Other Independent School | Outstanding | 1.19 KM |
| The Cathedral Church Of England Voluntary Aided Primary School, Chelmsford | Voluntary Aided School | Requires improvement | 1.55 KM |
| The Tyrrells School | Academy Converter | Good | 1.62 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Morris Road | £ 0 | 0 | 0.00 KM |
| Ruskin Road | £ 323,333 | 0 | 0.00 KM |
| Regency Close | £ 255,000 | 0 | 0.00 KM |
| Randulph Terrace | £ 0 | 0 | 0.00 KM |
| Wharf Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Chelmsford | 6836 | CHM | 2.35 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Shelley Road, Chelmsford, Essex, CM2 | £ 375,000 | BUY | 5 / 10 | 0.00 KM |
| Three bedroom Semi detached CM2 | £ 399,950 | BUY | 6 / 10 | 0.11 KM |
| Springfield Park Avenue, Chelmsford | £ 375,000 | BUY | 6 / 10 | 0.13 KM |
| Springfield Park Avenue, Chelmsford | £ 400,000 | BUY | Unknown | 0.13 KM |
| Springfield Park Avenue, Chelmsford | £ 390,000 | BUY | 6 / 10 | 0.13 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 47 Shelley Road | £ 375,000 | 0.00 KM |
| 35 Shelley Road | £ 317,000 | 0.00 KM |
| 17 Shelley Road | £ 175,000 | 0.00 KM |
| 19 Shelley Road | £ 191,500 | 0.00 KM |
| 18 Shelley Road | £ 197,500 | 0.00 KM |