Shelley Road, Chelmsford, Essex, CM2
MC

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 %
from 445,846.00 £
Average area rental value
1,514.00 £/mo
Decreased by 8.57 %
from 1,656.00 £/mo
Est rental Yield
4.07 %
Decreased by 8.74 %
from 4.46 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • McGowan Housing created the listing.

Nearby Schools

NameTypeOfstedDistance
Trinity Road Primary SchoolCommunity SchoolGood0.58 KM
Meadgate Primary SchoolAcademy Sponsor LedGood0.99 KM
Chelmsford Hospital SchoolOther Independent SchoolOutstanding1.19 KM
The Cathedral Church Of England Voluntary Aided Primary School, ChelmsfordVoluntary Aided SchoolRequires improvement1.55 KM
The Tyrrells SchoolAcademy ConverterGood1.62 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Morris Road £ 000.00 KM
Ruskin Road £ 323,33300.00 KM
Regency Close £ 255,00000.00 KM
Randulph Terrace £ 000.00 KM
Wharf Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Chelmsford6836CHM2.35 KM

Nearby Listings

AddressPriceTypeScoreDistance
Shelley Road, Chelmsford, Essex, CM2 £ 375,000BUY5 / 100.00 KM
Three bedroom Semi detached CM2 £ 399,950BUY6 / 100.11 KM
Springfield Park Avenue, Chelmsford £ 375,000BUY6 / 100.13 KM
Springfield Park Avenue, Chelmsford £ 400,000BUYUnknown0.13 KM
Springfield Park Avenue, Chelmsford £ 390,000BUY6 / 100.13 KM

Nearby Properties

AddressPriceDistance
47 Shelley Road £ 375,0000.00 KM
35 Shelley Road £ 317,0000.00 KM
17 Shelley Road £ 175,0000.00 KM
19 Shelley Road £ 191,5000.00 KM
18 Shelley Road £ 197,5000.00 KM