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St James Park, Chelmsford

East of England

£460,000
Listed on 21/09/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1126 sqft

Description

This spacious four-bedroom detached house is situated on the desirable Westside of Chelmsford, an area known for its inviting community and convenient access to local amenities. As you enter, the well-proportioned layout begins with a welcoming entrance hall that leads to a practical cloakroom. The bright lounge, combined with a dining area, provides ample space for family gatherings and entertaining guests, offering a warm and inviting atmosphere. One of the standout features of this property is the significant renovation potential it holds. The current layout allows for various remodeling opportunities to enhance both functionality and aesthetic appeal. Many neighboring homes have undergone successful transformations, which not only improved their livability but also increased their market value—an encouraging sign for potential investors or those looking to make this space truly their own. Upstairs, the property hosts four double bedrooms, all of which offer comfortable living spaces that can easily adapt to personal tastes and needs. This flexibility makes it an ideal choice for families or individuals seeking room to grow. Outdoors, the property boasts an enclosed garden at the rear—a blank canvas for landscaping or gardening projects—and a driveway alongside a garage that provides additional parking options or storage solutions. The vibrant city of Chelmsford enhances its appeal with a variety of shopping, dining, and recreational options. Notably, residents can enjoy proximity to Hylands Park, perfect for outdoor activities and relaxation. The area is also served by excellent educational institutions, including two Grammar Schools, making it particularly attractive for families prioritizing education. Overall, this property presents an opportunity not only to create a personalized living environment but also to capitalize on its investment potential in a sought-after location.

Investment Analysis

(CM1 area)

Below Market Value

This property is priced -1.7% below area average per sq ft

-1.7%
Potential saving
This Property
£409/sq ft
Area Average
£416/sq ft
Avg Rent (weekly)
£322
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£514,824
10% above area average per sq ft
Potential ROI
+3.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
61
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (CM1)

Area prices are rising by +10.3% over the last 12 months
3 year growth: 4.0%
5 year growth: 10.3%
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

St James Park, 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
£1,685
Based on a loan of £345,000 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