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

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

By McCarthy & Stone Resales

£ 450,000

Reviews

2 out of 5 stars

McCarthy & Stone Resales says ..

ENJOY LUNCH ON US WHEN YOU TAKE A TOUR OF MIAMI HOUSE - BOOK NOW! Two bedroom second floor apartment with walk out balcony set within a desirable McCarthy & Stone retirement living plus development. *PRIVATE PARKING* PART EXCHANGE, ENTITLEMENTS ADVICE, REMOVALS AND SOLICITORS ALL AVAILABLE

Property Oracle says ..

This is a two-bedroom, two-bathroom apartment located at Miami House, Princes Road, Chelmsford, Essex. The property is part of a McCarthy & Stone retirement living plus development, suggesting it is likely designed for older residents, with features tailored towards accessibility and ease of living. The apartment appears to be well-maintained, modern, and clean, featuring a spacious living area with access to a balcony, a contemporary kitchen, and two bedrooms with built-in wardrobes. The development also offers communal facilities, as shown in a provided image, including a communal dining area. The building is located near several schools and approximately 1.84km from Chelmsford railway station, providing convenient access to local amenities and transport links. However, the apartment itself is notably lacking in external private space. Nearby properties vary widely in price, with some significantly less expensive, highlighting the importance of conducting due diligence when considering value and suitability for individual buyers. The lack of square footage data for the specific apartment presents a challenge to accurately determine the price per square foot and make a definitive statement about the overall value in comparison to nearby streets. Overall this is a modern, well-presented retirement apartment in a convenient location. However, prospective buyers should consider that the price is comparatively high, compared to nearby similarly sized properties and the lack of private land.

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
8
Location
7
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
806.00

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
687,518.00 £
Increased by 111.66 %
from 324,818.00 £
Average area rental value
1,595.00 £/mo
Increased by 8.28 %
from 1,473.00 £/mo
Est letting value
806.00 £/mo
Unchanged by 0.00 %
from 806.00 £/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 School0.44 KM
Chelmsford CollegeFurther EducationGood0.70 KM
St Cedd'S SchoolOther Independent School0.79 KM
St Anne'S SchoolOther Independent School0.88 KM
Community College Initiative LtdSpecial Post 16 InstitutionRequires improvement0.96 KM

Images

Balcony .jpg Lounge .jpg Lounge.jpg Kitchen.jpg Bedroom 1.jpg Bedroom 1 .jpg Bedroom 1  .jpg Bedroom 2 .jpg 8541658-interior10.jpg WC.jpg Communal gardens .jpg fd1408a6-9917-4dc4-820d-653c2b3056b1.jpg Miami House exterior .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
Chelmsford6836CHM1.84 KM

Nearby Listings

Nearby Properties

AddressPriceDistance
23 Brooklands Walk £ 55,0000.04 KM
41 Brooklands Walk £ 219,0000.04 KM
5 Brooklands Walk £ 154,9500.04 KM
39 Brooklands Walk £ 140,0000.04 KM
44 Brooklands Walk £ 180,0000.04 KM