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Chelmer Road, Braintree

East of England

£300,000
Listed on 11/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
905 sqft

Description

This three-bedroom mid-terrace property offers a solid foundation for renovation and investment, presenting various opportunities for enhancement. The home features a spacious lounge, a well-proportioned 17-foot kitchen/diner, and a lean-to conservatory, each providing ample space for reconfiguration according to your vision. The ground floor layout includes an entrance hall that leads to the lounge with its central fireplace and under-stairs storage. The kitchen/diner is equipped with a range of base and wall units, appliances including a built-in oven and gas hob, and connects directly to the conservatory, which opens up to the unoverlooked rear garden. This outdoor space consists of both patio areas and a lawn, ideal for creating an inviting outdoor retreat. On the first floor, you will find three bedrooms that offer potential for customization. The main bedroom features built-in wardrobes while the other two bedrooms provide versatile options for use as guest rooms or home offices. The family bathroom includes essential fixtures like a panelled bath with shower attachment and modern amenities. One notable aspect of this property is its rear garden access leading to a 19-foot garage with an adjoining workshop/studio area. This additional space can be adapted for various uses—whether that’s converting it into a home gym, art studio, or simply maximizing storage capacity. Situated in proximity to local amenities, schools, and Braintree Town Centre/station, this property benefits from convenient travel links including the A120/M11 and nearby Chelmsford. Such location advantages combined with the potential to extend (subject to planning permission) make this an appealing prospect for both first-time buyers looking to establish themselves in a community-oriented area and investors aiming to capitalize on future value increases through renovation efforts. Parking options include two dedicated spaces at the rear of the property along with available on-street parking in front. This blend of practical features and growth potential positions this property as a unique opportunity in today’s market.

Investment Analysis

(CM7 area)

Below Market Value

This property is priced -5.8% below area average per sq ft

-5.8%
Potential saving
This Property
£331/sq ft
Area Average
£352/sq ft
Avg Rent (weekly)
£289
Avg Yield
4.2%

Renovation Potential

Light Refurb
Est. Renovation Cost
£12,000 - £20,000
Target Value
£350,466
10% above area average per sq ft
Potential ROI
+9.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
55
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (CM7)

Area prices are falling by +2.5% over the last 12 months
3 year growth: -1.1%
5 year growth: 10.7%
Investment Disclaimer: Analysis based on CM7 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

Chelmer Road, Braintree
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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
£1,099
Based on a loan of £225,000 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