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9 Kennet Way, Chelmsford, Essex, CM1 2JP - Image 1
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9 Kennet Way, Chelmsford, Essex, CM1 2JP

East of England

£185,000
Listed on 20/09/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom mid-terrace house presents a promising opportunity for renovation and investment, situated conveniently close to the heart of Chelmsford City Centre. While the property requires modernization, its solid structure and layout offer a blank canvas for those looking to create a personalized living space or capitalize on the potential rental market. On the ground floor, you will find an entrance hall leading to a reception room and kitchen, providing a functional foundation for family living or entertaining. The first floor comprises three bedrooms along with a bathroom/WC, enabling ample space for residents or guests. The rear garden adds an outdoor dimension that can be transformed into a charming retreat or recreational area, further enhancing the property's appeal. Given its strategic location near city amenities and transport links, this home is well-positioned for future value appreciation. Whether you're considering a project for personal use or as an investment opportunity, this property offers significant potential waiting to be unlocked. Additional details regarding viewing times and legal documentation can be found on our website.

Investment Analysis

(CM1 area)
Area Average
£414/sq ft
Avg Rent (weekly)
£340
Avg Yield
4.3%

Renovation Potential

Est. Renovation Cost
£18,500 - £46,250
10-25% of property value
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

9 Kennet Way, Chelmsford, Essex, CM1 2JP
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