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Chignal Smealey, Chelmsford, Essex, CM1

East of England

£300,000
Listed on 02/09/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom cottage presents a unique opportunity for renovation and investment in the picturesque village of Chignal Smealey, just on the outskirts of Chelmsford. Set amidst tranquil farmland, this characterful property is being offered with no onward chain, making it an appealing choice for those looking to create their ideal family home or capitalize on its potential. While the property requires comprehensive modernization, it features a well-proportioned layout that includes two reception rooms and additional loft space that could be developed into extra living areas or bedrooms, subject to planning permissions. The main entrance opens into a spacious kitchen designed in a U-shape, which offers ample work surfaces alongside a 1½ bowl sink and storage cupboards. The kitchen connects seamlessly to a pantry area, dining room, and inner lobby, facilitating an efficient flow between spaces. The dining room and sitting room are positioned at the rear of the property, providing scenic views of the generous gardens adorned with exposed timbers that enhance the home's charm. A practical shower room is conveniently located on the ground floor. Upstairs, three well-sized bedrooms await—two of which boast traditional timber floorboards—along with stairs leading up to a loft currently serving as storage but featuring conversion possibilities. Outside, access to the property is via a farm track leading to designated off-street parking for multiple vehicles. Both front and rear gardens offer significant outdoor space suitable for landscaping or expansion projects. Situated in Chignal Smealey, this location combines rural tranquility with easy access to central Chelmsford's amenities. The local area also benefits from good transport links and essential services. In summary, this cottage not only embodies charm but also represents an excellent investment potential for those willing to undertake renovations while enjoying the peaceful surroundings of Essex's countryside.

Investment Analysis

(CM1 area)
Area Average
£416/sq ft
Avg Rent (weekly)
£322
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
61
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (CM1)

Area prices are rising by +10.3% over the last 12 months
3 year growth: 4.0%
5 year growth: 10.3%
Investment Disclaimer: Analysis based on CM1 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

Chignal Smealey, Chelmsford, Essex, CM1
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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
£1,099
Based on a loan of £225,000 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