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Galleywood Road, Essex CM2 - Image 1
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Galleywood Road, Essex CM2

East of England

£425,000
Listed on 22/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1151 sqft

Description

This three-bedroom semi-detached home presents a compelling opportunity for refurbishment in a desirable area close to Chelmsford City Centre. The property is available without any onward chain, which enhances its appeal for those looking to move quickly. It is set within a well-established residential neighbourhood, providing easy access to local amenities, reputable schools, and transportation links, making it particularly suitable for families and commuters. The block-paved driveway offers ample off-street parking, leading to the entrance porch that opens into a spacious hallway. The ground floor features a dining room with a bay window and fireplace, alongside a generous lounge with sliding doors leading to the private rear garden—providing an excellent flow for entertaining. The galley kitchen is functional but could benefit from modernisation and reconfiguration to maximize space and light, along with the addition of freestanding appliances. A cloakroom adds convenience on this level. Upstairs are three well-sized bedrooms complemented by a family bathroom that caters to modern living needs. Outside, the large garden offers privacy and potential for landscaping or extension (subject to planning approval), with an established patio area ideal for relaxation or gatherings. Additionally, the detached garage provides extra storage or potential workshop space. While some updating is required throughout the home, this property holds significant potential for buyers looking to invest their personal style while increasing property value.

Investment Analysis

(CM2 area)

Below Market Value

This property is priced -13.5% below area average per sq ft

-13.5%
Potential saving
This Property
£369/sq ft
Area Average
£427/sq ft
Avg Rent (weekly)
£293
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£540,751
10% above area average per sq ft
Potential ROI
+16.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
70
Average per month
Market Turnover
43%
Properties sold annually

Local Market Trend (CM2)

Area prices are rising by +3.3% over the last 12 months
3 year growth: +3.2%
5 year growth: +6.7%
Investment Disclaimer: Analysis based on CM2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Galleywood Road, Essex CM2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,533
Based on a loan of £318,750 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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