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Lucas Avenue, Moulsham Lodge, Chelmsford

East of England

£425,000
Listed on 13/09/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
848 sqft

Description

This semi-detached house in Chelmsford presents a solid opportunity for renovation and investment, particularly appealing to buyers who envision personalisation and future growth potential. The property features three bedrooms, making it suitable for small families or couples needing additional space. Importantly, there is no onward chain, which streamlines the purchasing process. With the right vision, there is considerable scope for enhancing this home. Potential homeowners can explore options for extensions or renovations to tailor the living space according to their preferences, subject to obtaining planning permissions. The rear garden extends approximately 60 feet, offering a substantial outdoor area that could be developed into an inviting retreat or entertainment zone. The property also includes a garage and driveway, providing convenient parking for both residents and visitors. Located on the outskirts of the city center, Moulsham Lodge boasts access to local amenities such as a Co-Op supermarket, eateries including Subway and a traditional fish and chip shop, as well as essential services like a doctor’s surgery. Educational institutions are within walking distance, adding to the attractiveness of this location for families. For those commuting to work or seeking leisure activities in London, Chelmsford station is nearby with regular services to Stratford in about 31 minutes and Liverpool Street in approximately 36 minutes

Investment Analysis

(CM2 area)

Above Market Value

This property is priced +17.9% above area average per sq ft

+17.9%
This Property
£501/sq ft
Area Average
£425/sq ft
Avg Rent (weekly)
£315
Avg Yield
4.0%

Renovation Potential

Est. Renovation Cost
£42,500 - £106,250
10-25% of property value
Target Value
£396,487
10% above area average per sq ft
Potential ROI
-25.4%
After renovation
Monthly Sales
62
Average per month
Market Turnover
47%
Properties sold annually

Local Market Trend (CM2)

Area prices are rising by +2.9% over the last 12 months
3 year growth: 1.3%
5 year growth: 13.6%
Investment Disclaimer: Analysis based on CM2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Lucas Avenue, Moulsham Lodge, Chelmsford
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