Worst House on the Street Logo
Prykes Drive, Chelmsford, Essex, CM1 - Image 1
Prykes Drive, Chelmsford, Essex, CM1 - Image 2
Prykes Drive, Chelmsford, Essex, CM1 - Image 3
Prykes Drive, Chelmsford, Essex, CM1 - Image 4
Prykes Drive, Chelmsford, Essex, CM1 - Image 5
Prykes Drive, Chelmsford, Essex, CM1 - Image 6
Prykes Drive, Chelmsford, Essex, CM1 - Image 7
Prykes Drive, Chelmsford, Essex, CM1 - Image 8
Prykes Drive, Chelmsford, Essex, CM1 - Image 9
Prykes Drive, Chelmsford, Essex, CM1 - Image 10
Prykes Drive, Chelmsford, Essex, CM1 - Image 11

Prykes Drive, Chelmsford, Essex, CM1

East of England

£450,000
Listed on 03/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1336 sqft

Description

This three-bedroom semi-detached house, located in a tranquil cul-de-sac in Chelmsford, presents a promising opportunity for renovation and personalisation. While the property has been maintained over the years, there is significant potential to modernise and enhance the interior spaces to match contemporary tastes. The home features a practical layout with two spacious reception rooms, including a lounge that connects seamlessly to the rear garden through sliding doors, ideal for outdoor entertaining. The galley kitchen benefits from abundant natural light, providing a blank canvas for culinary enthusiasts. Upstairs, three generously sized bedrooms offer built-in storage solutions, while the bathroom requires updating to meet current standards. The external space includes a low-maintenance garden and off-street parking on a block-paved driveway, making it both functional and appealing. Given its proximity to Chelmsford’s vibrant amenities—shops, cafés, parks—and excellent transport links to London, this property is an attractive investment for those looking to add value through thoughtful refurbishment.

Investment Analysis

(CM1 area)

Below Market Value

This property is priced -19.8% below area average per sq ft

-19.8%
Potential saving
This Property
£337/sq ft
Area Average
£420/sq ft
Avg Rent (weekly)
£326
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£617,159
10% above area average per sq ft
Potential ROI
+27.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
63
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (CM1)

Area prices are rising by +8.0% over the last 12 months
3 year growth: 1.6%
5 year growth: 8.0%
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

Prykes Drive, Chelmsford, Essex, CM1
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,648
Based on a loan of £337,500 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE