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Falmouth Road, Chelmsford - Image 1
Falmouth Road, Chelmsford - Image 2
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Falmouth Road, Chelmsford

East of England

£225,000
Listed on 24/09/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This detached bungalow offers a unique opportunity in a highly desirable neighborhood of Chelmsford, set on a substantial plot that opens up numerous renovation possibilities. With two bedrooms and a single-level layout, the property is well-placed for those looking to customize their living space or invest in a project with significant potential for value enhancement. The interior, while requiring modern updates, presents an excellent canvas for creative individuals or developers. The spacious lounge and kitchen areas provide ample room for reconfiguration, allowing you to craft an open-plan living environment that suits contemporary preferences. Each of the bedrooms is generously sized, making them adaptable to various needs—ideal for a family, rental investment, or even as guest accommodations. Located just north of Chelmsford's city center, this property benefits from its position within Old Springfield, an area known for its peaceful ambiance combined with quick access to urban conveniences. The community is characterized by tree-lined streets and a strong neighborhood feel, making it attractive to families and professionals alike. Nearby parks offer green spaces perfect for recreational activities or leisurely walks. Accessibility is another key feature of this location; with excellent transport links available via Chelmsford railway station and easy connections to the A12, commuting to London or other regions is straightforward. Additionally, the presence of reputable schools in the vicinity adds further appeal for family-oriented buyers. Local amenities are plentiful as well, including shopping centers, supermarkets, restaurants, and pubs—all within easy reach. This blend of community spirit and accessible urban life makes Old Springfield not only desirable but also ripe for investment opportunities. In summary, this bungalow presents not just a home but also the potential for growth—whether through renovation efforts or leasing possibilities—making it an appealing prospect in one of Chelmsford’s most sought-after areas.

Investment Analysis

(CM1 area)
Area Average
£414/sq ft
Avg Rent (weekly)
£340
Avg Yield
4.3%

Renovation Potential

Est. Renovation Cost
£22,500 - £56,250
10-25% of property value
Monthly Sales
62
Average per month
Market Turnover
57%
Properties sold annually

Local Market Trend (CM1)

Area prices are rising by +10.2% over the last 12 months
3 year growth: 1.6%
5 year growth: 12.0%
Investment Disclaimer: Analysis based on CM1 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

Falmouth Road, Chelmsford
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