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Pines Road, Chelmsford, Essex, CM1

East of England

£325,000
Listed on 18/09/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
948 sqft

Description

This three-bedroom mid-terrace home presents a promising opportunity for renovation and investment, ideally situated just a short drive from Chelmsford Mainline Railway Station and the lively amenities of Chelmsford Town Centre. The area is well-regarded for its schools, local shops, and recreational spaces, making it an appealing choice for families and first-time buyers looking to establish roots in a vibrant community. The property features a flexible layout ripe for modernization. Entering through the porch, you are greeted by an entrance hall that leads up to the first floor. The galley-style kitchen at the front provides functional space with potential to be reimagined into a more contemporary design while offering access to the side of the house. The lounge serves as a comfortable central gathering space, highlighted by a charming fireplace and sliding doors that open into a bright conservatory. This area not only enhances natural light but also connects seamlessly to the garden—ideal for entertaining or unwinding after a long day. Upstairs, there are three well-sized bedrooms, with two offering built-in storage solutions. A family bathroom completes this level, featuring essential fittings that could benefit from updates in line with modern trends. The exterior boasts a substantial rear garden extending approximately 95 feet in length. This private outdoor space is primarily laid to lawn and includes an outbuilding along with a garden shed. There is considerable potential here for landscaping or even extending the property (subject to necessary planning permissions), providing an opportunity to tailor the outdoor environment to suit your lifestyle needs. Additionally, off-street parking is available via the driveway at the front of the home. While the property requires refurbishment throughout, it stands as an excellent canvas for prospective buyers looking to craft their ideal living space—a distinctive feature in today’s market where personalization is increasingly sought after. Early viewing of this property is encouraged to fully appreciate its layout and investment potential in this desirable location.

Investment Analysis

(CM1 area)

Below Market Value

This property is priced -17.2% below area average per sq ft

-17.2%
Potential saving
This Property
£343/sq ft
Area Average
£414/sq ft
Avg Rent (weekly)
£340
Avg Yield
4.3%

Renovation Potential

Est. Renovation Cost
£32,500 - £81,250
10-25% of property value
Target Value
£431,511
10% above area average per sq ft
Potential ROI
+6.2%
After renovation
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

Pines Road, Chelmsford, Essex, CM1
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