William H. Brown says ..

Property Oracle says ..

The property is a 3-bedroom, 1-bathroom terraced house located in Moulsham Lodge, Chelmsford, Essex. It has a list price of £400,000 and is 650 sqft. The property benefits from a good-sized rear garden. The location is good; it’s within a reasonable distance of several schools with good Ofsted ratings, including Beehive Lane Community Primary School (Outstanding) and Great Baddow High School (Good). Chelmsford train station is also relatively close, providing convenient access to transport links. Based on the images provided, the property appears to be in good condition. The kitchen and bathroom have been recently modernised and are in excellent condition. The rest of the property also appears well-maintained and clean. There is no evidence to suggest the property is in need of repair or renovation. The property has a small rear garden, which is a positive feature, especially considering its location in a built-up area. However, the plot size is relatively small compared to other properties in the area. Considering the average price per sqft in the area is £257, and this property is listed at £400,000, this equates to approximately £615 per sqft. This is significantly higher than the average. However, the property’s good condition, modern kitchen and bathroom, and the inclusion of a garden may justify the higher price per sqft compared to other properties in the area which may require renovation. More data on the size of comparable properties would be needed to make a more definitive conclusion on price.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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