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New London Road, Chelmsford, CM2 - Image 1
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New London Road, Chelmsford, CM2

East of England

£475,000
Listed on 11/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

Spergula Cottage is a unique three-bedroom detached bungalow located in the desirable Old Moulsham area of Chelmsford. This property, set at the end of a private driveway, combines historical charm with significant potential for renovation or investment. The serene setting offers a respite from urban life while being conveniently close to local shops, cafés, and essential amenities. Originally part of the Spergula House estate from the mid-1800s, this cottage showcases features that reflect its rich history. High ceilings, picture rails, and an original red brick façade contribute to its character, making it an appealing canvas for modernization. The spacious lounge-diner serves as the heart of the home, illuminated by natural light through double-glazed bow and side windows. The pine flooring adds warmth and authenticity to the space. The practical kitchen is fitted with a mix of eye- and base-level units and seamlessly connects to a utility area that provides additional workspace and storage options. Each of the three bedrooms has its own distinct character, enhanced by period details like built-in storage. These rooms provide comfortable spaces that can be easily reimagined or reconfigured based on personal needs or preferences. The outdoor space is both inviting and functional. The south-facing gardens are thoughtfully landscaped, featuring distinct areas such as a private east courtyard ideal for outdoor dining, a west garden with mature borders and fruit trees, and a main lawn complete with a potting shed and summer house—ideal for gardening enthusiasts. Additionally, there is ample off-road parking alongside a garage/workshop for added convenience. For those looking to enhance their investment further, Spergula Cottage presents promising opportunities for extension or adaptation, subject to relevant planning permissions. With its blend of timeless appeal and modern potential, this property stands out as not just a home but also an opportunity to create something truly special in Chelmsford's vibrant community.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
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

New London Road, 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
£1,740
Based on a loan of £356,250 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