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

East of England

£365,000
Listed on 05/10/2025

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 +24.0% above area average per sq ft

+24.0%
This Property
£526/sq ft
Area Average
£424/sq ft
Avg Rent (weekly)
£309
Avg Yield
4.1%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£323,682
10% above area average per sq ft
Potential ROI
-15.9%
After renovation
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

Ramshaw Drive, Chelmer Village, Chelmsford
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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
£1,337
Based on a loan of £273,750 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