The Ray, Chelmsford
AD

The Ray, Chelmsford

By Adrians

£ 179,000

Reviews

2 out of 5 stars

Adrians says ..

The Ray is a relatively modern development of similar apartments within the much favoured area of Springfield. Within just a few hundred yards there is a small shopping parade with a convenient Co-Op, whilst Chelmsford City centre is just a short drive. Located on the ground floor, this two (cont.)

Property Oracle says ..

This two-bedroom apartment located on The Ray in Springfield, Chelmsford offers a convenient location with good access to amenities and transport. The exterior of the building appears to be well-maintained, suggesting a reasonably well-kept property overall. However, the lack of information regarding the interior condition and the absence of a garden are important considerations. The proximity to several schools, ranging from ‘Good’ to ‘Requires Improvement’ according to Ofsted ratings, provides options for families. The short distance to Chelmsford city centre adds to the appeal. While the listed price appears fair in comparison to other properties in the area, a detailed interior viewing is essential to determine its full value. The listing mentions the apartment’s location on the ground floor; this might be a positive for accessibility but could also be seen as less desirable compared to upper floors depending on individual preferences. More information about the apartment’s internal condition, including kitchen and bathroom details, features, and its square footage would enhance the assessment considerably. The absence of a garden is a significant drawback; buyers looking for outdoor space will need to consider alternative options. The nearby parking indicated in the photos represents a considerable benefit.

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

Price
7
Condition
6
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
760.00

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
149,800.00 £
Decreased by 39.37 %
from 247,091.00 £
Est sale value
122,360.00 £
Decreased by 30.90 %
from 177,080.00 £
Average area rental value
1,131.00 £/mo
Increased by 5.60 %
from 1,071.00 £/mo
Est letting value
760.00 £/mo
Unchanged by 0.00 %
from 760.00 £/mo
Est rental Yield
9.06 %
Increased by 74.23 %
from 5.20 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Adrians marked this listing as sold.

  • Adrians created the listing.

Nearby Schools

NameTypeOfstedDistance
The Bishops' Church Of England And Roman Catholic Primary SchoolVoluntary Aided SchoolGood0.49 KM
The Tyrrells SchoolAcademy ConverterGood0.66 KM
Che1/A Chelmsford Central Family HubChildren's Centre0.67 KM
Springfield Primary SchoolCommunity SchoolRequires improvement0.67 KM
The Boswells SchoolAcademy ConverterGood0.77 KM

Images

Main Picture

Nearby Streets

NameAverage PriceAverage SqftDistance
New Bowers Way £ 232,50000.00 KM
The Leys £ 512,50000.00 KM
Buckingham Court £ 000.00 KM
Lawn Lane £ 000.00 KM
White Hart Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Chelmsford6836CHM3.42 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Ray, Chelmsford £ 200,000BUY5 / 100.08 KM
The Ray, Springfield, Chelmsford £ 375,000BUYUnknown0.10 KM
Canvey Walk, Springfield Chelmsford £ 200,000BUY6 / 100.10 KM
Canvey Walk, Springfield, Chelmsford £ 180,000BUY6 / 100.10 KM
Canvey Walk, Chelmsford £ 200,000BUY5 / 100.11 KM

Nearby Properties

AddressPriceDistance
20 The Ray £ 147,0000.00 KM
26 The Ray £ 137,5000.00 KM
42 The Ray £ 207,5000.00 KM
30 The Ray £ 194,5000.00 KM
28 The Ray £ 225,0000.01 KM