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143-145 Springfield Road, Chelmsford, Essex, CM2 6JW - Image 1
143-145 Springfield Road, Chelmsford, Essex, CM2 6JW - Image 2
143-145 Springfield Road, Chelmsford, Essex, CM2 6JW - Image 3
143-145 Springfield Road, Chelmsford, Essex, CM2 6JW - Image 4
143-145 Springfield Road, Chelmsford, Essex, CM2 6JW - Image 5
143-145 Springfield Road, Chelmsford, Essex, CM2 6JW - Image 6
143-145 Springfield Road, Chelmsford, Essex, CM2 6JW - Image 7
143-145 Springfield Road, Chelmsford, Essex, CM2 6JW - Image 8
143-145 Springfield Road, Chelmsford, Essex, CM2 6JW - Image 9
143-145 Springfield Road, Chelmsford, Essex, CM2 6JW - Image 10
143-145 Springfield Road, Chelmsford, Essex, CM2 6JW - Image 11

143-145 Springfield Road, Chelmsford, Essex, CM2 6JW

East of England

£865,000
Listed on 29/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents an intriguing opportunity for renovation and investment, comprising a ground floor retail unit alongside a self-contained two-bedroom first floor flat. The commercial space features dual frontages, an office area, and a rear workshop/store topped with a pitched north-light roof, offering versatility for various business ventures. The flat is accessible from both Springfield Road and Meadowside and includes essential living spaces such as a hallway, lounge, kitchen/diner, two bedrooms, and a bathroom. An external veranda adds further potential for enhancement. Additionally, the property boasts a spacious yard with gated access from Meadowside that houses five garages alongside a sizable workshop/barn around a hardstanding central area—ideal for storage or additional development opportunities. Given its strategic location on one of Chelmsford's primary roads leading into the city centre and proximity to key transport links including the mainline railway station to London Liverpool Street, this property is ripe for revitalisation.

Investment Analysis

(CM2 area)
Area Average
£424/sq ft
Avg Rent (weekly)
£309
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
65
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (CM2)

Area prices are rising by +3.0% over the last 12 months
3 year growth: 1.6%
5 year growth: 7.3%
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

143-145 Springfield Road, Chelmsford, Essex, CM2 6JW
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,169
Based on a loan of £648,750 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE