Adrians says ..
One bedroom starter home with no onward chain, a renewed lease, communal gardens and allocated parking. Enjoying a popular Chelmer Village location, the property is convenient for the City centre and close to a major supermarket.
Property Oracle says ..
This one-bedroom property in Chelmer Village, Chelmsford, presents itself as a viable option for first-time buyers or investors. Its location offers convenience, with proximity to amenities and good schools like Chancellor Park Primary School, which has an ‘Outstanding’ Ofsted rating. The relatively short distance to Chelmsford city centre is also a plus point. However, the property’s interior shows its age, with outdated fixtures and fittings in the kitchen and bathroom that would benefit from modernisation. This is reflected in the average condition given in the property details. Furthermore, the lack of a substantial private garden or plot size is a notable drawback. Considering similar properties in the area and the need for renovations, the asking price of £200,000 is considered reasonable for the market, however, some negotiation might be possible. Overall, it represents a potentially good investment but requires prospective buyers to factor in renovation costs and the limited outdoor space.
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
- 5
- Location
- 7
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 600.00
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
- 149,800.00 £Decreased by 39.37 %
- Est sale value
- 96,600.00 £Decreased by 30.90 %
- Average area rental value
- 1,131.00 £/moIncreased by 5.60 %
- Est letting value
- 600.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 9.06 %Increased by 74.23 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Adrians marked this listing as sold.
Adrians created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Chancellor Park Primary School, Chelmsford | Community School | Outstanding | 0.64 KM |
| Barnes Farm Infant School | Academy Converter | 0.71 KM | |
| Barnes Farm Junior School | Academy Converter | 0.71 KM | |
| Che1/A Chelmsford Central Family Hub | Children's Centre | 1.55 KM | |
| Meadgate Primary School | Academy Sponsor Led | Good | 1.95 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Village Gate | £ 550,000 | 0 | 0.00 KM |
| Hollis Lock | £ 550,000 | 0 | 0.00 KM |
| Webb Close | £ 0 | 0 | 0.00 KM |
| Portway | £ 0 | 0 | 0.00 KM |
| Buckingham Court | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Chelmsford | 6836 | CHM | 4.61 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Colyers Reach, Chelmsford | £ 180,000 | BUY | 5 / 10 | 0.00 KM |
| Colyers Reach, Chelmsford, Essex, CM2 | £ 525,000 | BUY | 6 / 10 | 0.02 KM |
| Colyers Reach, Chelmer Village, Essex, CM2 | £ 180,000 | BUY | 5 / 10 | 0.04 KM |
| Colyers Reach, Chelmsford | £ 160,000 | BUY | 4 / 10 | 0.04 KM |
| Colyers Reach, Chelmer Village, Chelmsford | £ 210,000 | BUY | 6 / 10 | 0.04 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 63 Colyers Reach | £ 200,000 | 0.00 KM |
| 35 Colyers Reach | £ 109,000 | 0.00 KM |
| 47 Colyers Reach | £ 41,000 | 0.00 KM |
| 37 Colyers Reach | £ 77,995 | 0.00 KM |
| 83 Colyers Reach | £ 188,000 | 0.00 KM |