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Old Court Road, Chelmsford, CM2

East of England

£360,000
Listed on 11/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1033 sqft

Description

This three-bedroom terraced house presents a noteworthy opportunity for buyers interested in renovation and investment potential. Located conveniently near the city center and the railway station, this property offers excellent access to public transport and easy routes for cycling and walking, catering well to both commuters and active families. The layout includes two generously sized reception rooms that can serve various purposes, from entertaining guests to creating cozy family spaces. The main reception area features a distinctive fireplace, adding a touch of character that can be further enhanced with thoughtful updates. The home comprises three bedrooms: two spacious doubles ideal for families or as guest rooms, along with a single bedroom that could easily function as an office or play area. Additionally, there is a lean-to conservatory with a separate WC, offering potential for expansion or reconfiguration. The family bathroom includes a functional three-piece suite, while outside, the property benefits from a good-sized rear garden—offering ample space for outdoor activities or gardening projects—and hardstanding at the front that adds convenience. This property is particularly suitable for first-time buyers or families eager to personalize their living space within an advantageous location. Unique elements like period fireplaces and the substantial garden add further appeal to the home’s overall aesthetic and functionality. With its desirable features, strategic location, and considerable renovation potential, this house is poised to become a remarkable residence tailored to your vision. Viewing is strongly encouraged to fully appreciate what this property has to offer in terms of both comfort and investment opportunity.

Investment Analysis

(CM2 area)

Below Market Value

This property is priced -17.8% below area average per sq ft

-17.8%
Potential saving
This Property
£348/sq ft
Area Average
£424/sq ft
Avg Rent (weekly)
£309
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£481,791
10% above area average per sq ft
Potential ROI
+20.4%
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

Old Court Road, Chelmsford, CM2
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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
£1,319
Based on a loan of £270,000 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