New London Road, Chelmsford, Essex, CM2
AB

New London Road, Chelmsford, Essex, CM2

By Abbotts

£ 450,000

Reviews

3 out of 5 stars

Abbotts says ..

* Guide price £450,000 - £475,000 * Being offered with no onward chain is this well maintained two-bedroom ground floor retirement apartment located 0.4 mile to Chelmsford City High Street (reference google maps). The building is accessed by a secure entry system, the apartment intern...

Property Oracle says ..

This property is a two-bedroom, two-bathroom apartment situated on New London Road in Chelmsford, Essex. The provided photographs showcase a well-maintained and modern interior, featuring a contemporary kitchen and bathrooms. The apartment is part of a retirement complex, Chelmer Lodge, offering residents access to communal gardens and potentially other amenities (further details are absent from the data). The location is convenient, offering proximity to Chelmsford city centre and its transport links and at least one ‘Good’-rated primary school is nearby. However, the complete lack of private outdoor space should be considered. The absence of sufficient comparable property data, particularly regarding price per square foot, makes a definitive judgment on the value for money offered at £450,000 difficult. Further information on local average prices for similar two-bedroom retirement apartments in Chelmsford would be needed for a more comprehensive assessment of the list price. While the apartment itself is presented in excellent condition and in a relatively convenient location, potential buyers should conduct their own detailed market research to ensure they are comfortable with the asking price.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
8
Location
7
Land
4
Bedrooms
2
Bathrooms
2
Sqft (est)
795.45

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
265,556.00 £
Decreased by 26.45 %
from 361,050.00 £
Est sale value
373,861.50 £
Increased by 24.67 %
from 299,884.65 £
Average area rental value
1,429.00 £/mo
Increased by 5.77 %
from 1,351.00 £/mo
Est letting value
1,590.90 £/mo
Increased by 100.00 %
from 795.45 £/mo
Est rental Yield
6.46 %
Increased by 43.88 %
from 4.49 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Abbotts created the listing.

Nearby Schools

NameTypeOfstedDistance
Our Lady Immaculate Catholic Primary SchoolAcademy ConverterGood0.24 KM
St Anne'S SchoolOther Independent School0.45 KM
Oaklands Infant SchoolAcademy Converter0.49 KM
St Cedd'S SchoolOther Independent School0.56 KM
Chelmsford CollegeFurther EducationGood0.61 KM

Images

Front Lounge Kitchen Bedroom Bedroom Garden Bathroom En-Suite Communal Lounge Dining Area Bedroom Bedroom Lounge Hallway Bedroom

Nearby Streets

NameAverage PriceAverage SqftDistance
Godfrey Mews £ 180,00000.00 KM
Victoria Road South £ 325,00000.00 KM
Market Road £ 335,00000.00 KM
Grays Brewery Yard £ 000.00 KM
Railway Square £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Chelmsford6836CHM0.78 KM

Nearby Listings

AddressPriceTypeScoreDistance
New London Road, Chelmsford, Essex, CM2 £ 450,000BUY6 / 100.00 KM
New London Road, Chelmsford £ 180,000BUY7 / 100.00 KM
New London Road, Chelmsford, Essex, CM2 £ 375,000BUY8 / 100.00 KM
New London Road, Chelmsford £ 240,000BUY6 / 100.00 KM
New London Road, Chelmsford, CM2 £ 325,000BUY6 / 100.02 KM

Nearby Properties

AddressPriceDistance
39 George Street £ 77,5000.05 KM
42 George Street £ 157,0000.05 KM
18 George Street £ 100,0000.06 KM
38 George Street £ 142,5000.06 KM
35 George Street £ 49,0000.06 KM