William H. Brown says ..

Property Oracle says ..

The property is a 2-bedroom flat located in Springfield North, Chelmsford, Essex. The asking price is £125,000. The property is a brick-built flat forming part of a small block. It appears well-maintained from the photos provided, although the interior is largely unfurnished, making a full assessment of condition difficult. The kitchen and bathroom appear to be in good condition. The property benefits from allocated parking. There is a communal grassed area. The location is reasonably good, with a primary school (The Bishops’ Church of England and Roman Catholic Primary School) within close proximity (0.08 km). Chelmsford city centre is approximately 3.86 km away by road, providing access to a wider range of amenities and transport links via Greater Anglia rail services. However, the immediate surroundings appear to be primarily residential. The plot size is listed as 0.00 sqft, suggesting the property has minimal or no private outdoor space beyond what is immediately visible in the photos. The communal garden provides some outdoor space. Considering the average price of properties in the area (£244,515) and the average price per square foot (£257.00), the list price of £125,000 for this 7.88 sqft flat appears significantly below average. This may be due to the property’s smaller size, or other factors not immediately apparent from the provided information. Further investigation into the specifics of the property and its features would be needed to fully justify this price point.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images