Princes Road, Chelmsford, CM2
BA

Princes Road, Chelmsford, CM2

By Balch Estate Agents

£ 299,995

Reviews

2 out of 5 stars

Balch Estate Agents says ..

Set within this desirable retirement development for residents over 70 years of age, is this immaculate one bedroom first floor apartment. Internally, the well presented property comprises a lounge/diner, modern fitted kitchen, large double bedroom with a walk in wardrobe and a contemporary we...

Property Oracle says ..

This one-bedroom apartment at Miami House in Chelmsford, Essex, is a retirement property marketed by Balch Estate Agents (a Gold Winner at the 2024 British Property Awards). The property boasts a modern, well-maintained interior and is situated within a retirement development. Images showcase a contemporary kitchen, bathroom, and living areas which would appeal to older residents seeking an easy-to-manage living space. While the apartment itself is in good condition, it is important to note that it is in a retirement development (for over 70’s). This is reflected in the property’s limited space and that the plot size is listed as 0.00 SQFT, indicating the lack of any private garden or significant outdoor space. However, the development includes communal gardens which can offset the lack of private outdoor space. The location in Chelmsford offers proximity to transport links and several educational institutions. The price point falls in line with similar retirement properties in the area, making it seem competitive within the market, but further analysis into specific square footage of comparable properties would aid in more precise valuation.

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
1
Bathrooms
1
Sqft (est)
523.88

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
446,869.64 £
Increased by 111.66 %
from 211,123.64 £
Average area rental value
1,595.00 £/mo
Increased by 8.28 %
from 1,473.00 £/mo
Est letting value
523.88 £/mo
Unchanged by 0.00 %
from 523.88 £/mo
Est rental Yield
2.44 %
Decreased by 44.16 %
from 4.37 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Balch Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Widford Lodge Preparatory SchoolOther Independent School0.43 KM
Chelmsford CollegeFurther EducationGood0.71 KM
St Cedd'S SchoolOther Independent School0.81 KM
St Anne'S SchoolOther Independent School0.91 KM
Community College Initiative LtdSpecial Post 16 InstitutionRequires improvement0.98 KM

Images

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
Chelmsford6836CHM1.86 KM

Nearby Listings

AddressPriceTypeScoreDistance
Princes Road, Chelmsford, Essex, CM2 £ 270,000BUY7 / 100.00 KM
Princes Road, Chelmsford, CM2 £ 299,995BUY5 / 100.00 KM
Princes Road, Chelmsford, Essex, CM2 £ 425,000BUY6 / 100.00 KM
Princes Road, Chelmsford, Essex, CM2 £ 425,000BUY6 / 100.00 KM
Princes Road, Chelmsford £ 299,950BUY5 / 100.01 KM

Nearby Properties

AddressPriceDistance
27 Brooklands Walk £ 170,0000.06 KM
17 Brooklands Walk £ 114,5000.06 KM
43 Brooklands Walk £ 188,0000.06 KM
9 Brooklands Walk £ 146,0000.06 KM
6 Brooklands Walk £ 206,0000.06 KM