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 %
- Est sale value
- 373,861.50 £Increased by 24.67 %
- Average area rental value
- 1,429.00 £/moIncreased by 5.77 %
- Est letting value
- 1,590.90 £/moIncreased by 100.00 %
- Est rental Yield
- 6.46 %Increased by 43.88 %
- Crime Rate
- 4.00 %Unchanged by 0.00 %
Agent Activity
Abbotts created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Our Lady Immaculate Catholic Primary School | Academy Converter | Good | 0.24 KM |
| St Anne'S School | Other Independent School | 0.45 KM | |
| Oaklands Infant School | Academy Converter | 0.49 KM | |
| St Cedd'S School | Other Independent School | 0.56 KM | |
| Chelmsford College | Further Education | Good | 0.61 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Godfrey Mews | £ 180,000 | 0 | 0.00 KM |
| Victoria Road South | £ 325,000 | 0 | 0.00 KM |
| Market Road | £ 335,000 | 0 | 0.00 KM |
| Grays Brewery Yard | £ 0 | 0 | 0.00 KM |
| Railway Square | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Chelmsford | 6836 | CHM | 0.78 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| New London Road, Chelmsford, Essex, CM2 | £ 450,000 | BUY | 6 / 10 | 0.00 KM |
| New London Road, Chelmsford | £ 180,000 | BUY | 7 / 10 | 0.00 KM |
| New London Road, Chelmsford, Essex, CM2 | £ 375,000 | BUY | 8 / 10 | 0.00 KM |
| New London Road, Chelmsford | £ 240,000 | BUY | 6 / 10 | 0.00 KM |
| New London Road, Chelmsford, CM2 | £ 325,000 | BUY | 6 / 10 | 0.02 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 39 George Street | £ 77,500 | 0.05 KM |
| 42 George Street | £ 157,000 | 0.05 KM |
| 18 George Street | £ 100,000 | 0.06 KM |
| 38 George Street | £ 142,500 | 0.06 KM |
| 35 George Street | £ 49,000 | 0.06 KM |