Martin & Co says ..
** GUIDE PRICE: £375,000 - £400,000 ** Situated on Rectory Lane in the heart of Chelmsford, this four-bedroom mid-terraced home offers a fantastic investment opportunity. Currently let to students, it's within easy reach of Anglia Ruskin University, the train station and local amenities...
Property Oracle says ..
The property is located on Rectory Lane in Chelmsford, Essex. It is a terraced house with 4 bedrooms and 1 bathroom. The location is near several schools, including Anglia Ruskin University and Chelmsford County High School For Girls. Chelmsford train station is also within walking distance. The property appears to be in reasonable condition, although some areas may benefit from updating. The kitchen looks modern, but the bathroom and some of the bedrooms appear dated. The property has a garden. The list price is £375,000. The average price in the area is £290,042, and the average price per square foot is £398. Nearby properties on Rectory Lane have sold for between £320,000 and £400,000. Given the location, the number of bedrooms, and the presence of a garden, the price seems reasonable.
Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 8
- Land
- 7
- Bedrooms
- 4
- Bathrooms
- 1
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Metrics Year-on-Year
- Average area value
- 399,091.00 £Increased by 10.45 %
- Average area rental value
- 1,351.00 £/moIncreased by 0.52 %
- Est rental Yield
- 4.06 %Decreased by 8.97 %
- Crime Rate
- 4.00 %Unchanged by 0.00 %
Agent Activity
Martin & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Anglia Ruskin University | Higher Education Institutions | 0.37 KM | |
| Chelmsford County High School For Girls | Academy Converter | 0.49 KM | |
| The Cathedral Church Of England Voluntary Aided Primary School, Chelmsford | Voluntary Aided School | Requires improvement | 0.71 KM |
| King Edward Vi Grammar School, Chelmsford | Academy Converter | 0.73 KM | |
| Maltese Road Primary School | Academy Sponsor Led | Good | 0.90 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Railway Square | £ 0 | 0 | 0.00 KM |
| Alan Cherry Drive | £ 0 | 0 | 0.00 KM |
| Fell Christy | £ 0 | 0 | 0.00 KM |
| Market Road | £ 335,000 | 0 | 0.00 KM |
| Victoria Road South | £ 325,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Chelmsford | 6836 | CHM | 0.53 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Rectory Lane, Chelmsford | £ 375,000 | BUY | 7 / 10 | 0.00 KM |
| Rectory Lane, Chelmsford, Essex, CM1 | £ 330,000 | BUY | 7 / 10 | 0.00 KM |
| Rectory Lane, Chelmsford | £ 300,000 | BUY | 6 / 10 | 0.00 KM |
| Rectory Lane, Chelmsford, CM1 | £ 300,000 | BUY | 7 / 10 | 0.02 KM |
| Rectory Lane, Chelmsford, CM1 | £ 340,000 | BUY | 6 / 10 | 0.02 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 44 Rectory Lane | £ 307,500 | 0.00 KM |
| 26 Rectory Lane | £ 227,500 | 0.00 KM |
| 66 Rectory Lane | £ 315,000 | 0.00 KM |
| 38 Rectory Lane | £ 350,000 | 0.00 KM |
| 54 Rectory Lane | £ 325,000 | 0.00 KM |