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Stapleford Close, Chelmsford, CM2 - Image 1
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Stapleford Close, Chelmsford, CM2

East of England

£170,000
Listed on 11/09/2025

Property Details

Bedrooms
1
Type
Flat
Area
415 sqft

Description

This one-bedroom flat is situated on the second floor of a desirable cul-de-sac, conveniently located within walking distance of the bustling City Centre, Moulsham Street, and the mainline railway station. Its prime location offers easy access to local amenities, shops, and public transport options, making it an ideal choice for both first-time buyers and investors looking for potential rental income. The property features an entrance hall with a storage cupboard, leading to a dual-aspect living room that allows natural light to fill the space. The layout includes a functional kitchen, a bathroom with WC, and a spacious double bedroom. While the flat requires updating and modernization, it presents a unique opportunity for those interested in personalizing their living space or adding value through renovations. Additionally, residents can enjoy access to a communal garden area and benefit from an allocated parking space. This property comes with no onward chain, simplifying the buying process for prospective purchasers. With its renovation potential and advantageous location, this flat is well-positioned for future appreciation in value.

Investment Analysis

(CM2 area)

Below Market Value

This property is priced -3.3% below area average per sq ft

-3.3%
Potential saving
This Property
£410/sq ft
Area Average
£424/sq ft
Avg Rent (weekly)
£301
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£193,373
10% above area average per sq ft
Potential ROI
-0.8%
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
35%
Properties sold annually

Local Market Trend (CM2)

Area prices are rising by +3.1% over the last 12 months
3 year growth: 2.9%
5 year growth: 6.3%
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

Stapleford Close, Chelmsford, CM2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£623
Based on a loan of £127,500 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