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Ramshaw Drive, Chelmer Village, Chelmsford - Image 1
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Ramshaw Drive, Chelmer Village, Chelmsford

East of England

£375,000
Listed on 09/09/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
694 sqft

Description

This semi-detached home in Chelmer Village offers a compelling investment opportunity, appealing to both first-time buyers and those looking to expand their property portfolio. The residence has potential for a double storey side extension, pending planning approval, which could significantly enhance the living space and value of the property. A key feature is the generous 80ft rear garden, which includes a decking area that provides an excellent setting for outdoor relaxation or entertaining. The driveway accommodates two cars, an advantageous detail given the desirable location. Inside, the layout features an open plan kitchen and conservatory that brings in ample natural light while providing a pleasant view of the garden. The upstairs consists of two well-proportioned double bedrooms, offering practical space for residents and guests alike. Situated conveniently within 0.4 miles of the Chelmer Village retail park and just 0.6 miles from Asda superstore, this home benefits from easy access to shopping and essential amenities. Commuters will appreciate the efficient bus links to Chelmsford city centre, making daily travel straightforward. For families, it falls within the catchment area of Barnes Farm Junior School, known for its strong reputation. Chelmsford itself boasts diverse attractions for various interests—from shopping and dining in its bustling center to exploring parks like Hylands Park and Central Park for outdoor activities. Cultural enthusiasts can enjoy local museums and historic sites such as Chelmsford Cathedral. This property stands out not just as a comfortable home but also as a prime candidate for renovation or expansion in a popular village setting, making it an appealing choice for those wanting to invest in future potential. The freehold tenure adds another layer of desirability to this investment. Additionally, with annual council tax set at £1,983.04 (Band C), prospective buyers can plan their finances accordingly when considering this opportunity.

Investment Analysis

(CM2 area)

Above Market Value

This property is priced +27.1% above area average per sq ft

+27.1%
This Property
£540/sq ft
Area Average
£425/sq ft
Avg Rent (weekly)
£315
Avg Yield
4.0%

Renovation Potential

Est. Renovation Cost
£37,500 - £93,750
10-25% of property value
Target Value
£324,483
10% above area average per sq ft
Potential ROI
-30.8%
After renovation
Monthly Sales
62
Average per month
Market Turnover
47%
Properties sold annually

Local Market Trend (CM2)

Area prices are rising by +2.9% over the last 12 months
3 year growth: 1.3%
5 year growth: 13.6%
Investment Disclaimer: Analysis based on CM2 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

Ramshaw Drive, Chelmer Village, Chelmsford
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