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Cowdrie Way, Chelmsford, CM2 6 - Image 5
Cowdrie Way, Chelmsford, CM2 6 - Image 6
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Cowdrie Way, Chelmsford, CM2 6 - Image 8
Cowdrie Way, Chelmsford, CM2 6 - Image 9
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Cowdrie Way, Chelmsford, CM2 6 - Image 11

Cowdrie Way, Chelmsford, CM2 6

East of England

£625,000
Listed on 28/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1615 sqft

Description

This well-maintained four to five-bedroom detached home is ideally situated on a spacious corner plot within the popular Chancellor Park development in Chelmsford. The property presents a fantastic opportunity for families looking for room to grow, with its adaptable living spaces and potential for modernization. The entrance hall welcomes you into a bright lounge featuring a charming fireplace, which flows seamlessly to the rear garden through French doors, enhancing the property's natural light. An elegant dual-aspect dining room also boasts a fireplace, making it perfect for entertaining. A flexible study space offers the option to be converted into an additional bedroom or home office as needed. The generously sized kitchen/diner comes equipped with ample storage and planning space for modern appliances, while the adjacent utility room adds convenience with extra storage and laundry facilities. Upstairs, you’ll find four bedrooms including a principal suite complete with its own en-suite shower, alongside a contemporary family bathroom. The exterior offers a mature rear garden that includes lush lawn areas and inviting decked and paved sections suitable for outdoor gatherings. Access is provided to both a double garage and carport through a pedestrian gate. While this property is already quite functional, it does require some modernization, allowing prospective buyers to put their own stamp on it. With planning permission in place for first-floor extensions and conversion into an additional one-bedroom flat, this home stands out as an excellent investment opportunity close to quality schools, local retail amenities, and transport links including forthcoming train stations.

Investment Analysis

(CM2 area)

Below Market Value

This property is priced -9.4% below area average per sq ft

-9.4%
Potential saving
This Property
£387/sq ft
Area Average
£427/sq ft
Avg Rent (weekly)
£306
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Target Value
£759,187
10% above area average per sq ft
Potential ROI
+9.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
60
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (CM2)

Area prices are rising by +3.3% over the last 12 months
3 year growth: +4.2%
5 year growth: +6.0%
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

Cowdrie Way, Chelmsford, CM2 6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,254
Based on a loan of £468,750 over 30 years at 4.06% 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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