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Chignal Road, Chelmsford, CM1 - Image 1
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Chignal Road, Chelmsford, CM1

East of England

£450,000
Listed on 11/10/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This four-bedroom property on Chignal Road offers a promising opportunity for those looking to invest or create a personalized family home. With no onward chain, the residence provides a blank canvas for potential buyers eager to make their mark. The interior features a spacious kitchen and breakfast area, perfect for casual dining, along with a welcoming lounge and a separate dining room that allows for versatile use of space. The family bathroom is fitted and functional, catering to the needs of modern living while presenting opportunities for updates. Outside, the property stands out with ample off-road parking at the front and a manageable garden area. The rear garden is notably larger than average, offering not just outdoor leisure space but also great potential for expansion or landscaping projects, pending necessary planning approvals. Additionally, the presence of a detached garage contributes valuable storage options or could be repurposed according to your vision. Located conveniently near local amenities and within reach of schools and transport links, this property combines practicality with future development possibilities. Whether it's creating an ideal family environment or capitalizing on its investment potential through renovations or extensions, this home invites creativity and foresight from its new owners.

Investment Analysis

(CM1 area)
Area Average
£416/sq ft
Avg Rent (weekly)
£322
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Chignal Road, Chelmsford, CM1
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Mortgage Calculator

£
£
£
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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.

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