Worst House on the Street Logo
Butts Way, Chelmsford, CM2 - Image 1
Butts Way, Chelmsford, CM2 - Image 2
Butts Way, Chelmsford, CM2 - Image 3
Butts Way, Chelmsford, CM2 - Image 4
Butts Way, Chelmsford, CM2 - Image 5
Butts Way, Chelmsford, CM2 - Image 6
Butts Way, Chelmsford, CM2 - Image 7
Butts Way, Chelmsford, CM2 - Image 8
Butts Way, Chelmsford, CM2 - Image 9
Butts Way, Chelmsford, CM2 - Image 10
Butts Way, Chelmsford, CM2 - Image 11

Butts Way, Chelmsford, CM2

East of England

£500,000
Listed on 29/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1057 sqft

Description

This three-bedroom detached bungalow presents a unique opportunity for renovation and investment, nestled in a desirable semi-rural area. The property is offered with no onward chain, making it an attractive option for prospective buyers looking to make their mark. Set on a spacious plot, the bungalow's layout opens from a welcoming entrance hall that leads to all principal rooms. The master bedroom features an en-suite shower room, while two additional double bedrooms provide ample space for family or guests. A thoughtfully designed four-piece family bathroom adds functional value to the home. At the rear, the living area is bright and inviting, with large windows overlooking the garden and patio doors that open into a cozy conservatory, perfect for enjoying the outdoors year-round. The kitchen boasts an extensive range of cabinetry and modern appliances, including an integrated dishwasher and induction hob, catering to both daily needs and entertaining. A separate utility room enhances practicality with additional storage and plumbing facilities, offering direct access to both the side yard and back garden. The outdoor space is equally impressive; beginning with a paved patio ideal for al fresco dining, it transitions to a well-maintained lawn featuring a decked seating area under a pergola—an excellent canvas for personal landscaping touches. Additional amenities include a greenhouse and timber shed for storage. The front of the property includes a generous carriage driveway capable of accommodating several vehicles off-street. This expansive space further emphasizes the potential for enhancement or expansion of the existing structure (subject to planning approvals). Overall, this bungalow not only offers comfortable living but also significant scope for development in a tranquil setting—making it an appealing prospect for those seeking both lifestyle changes and investment potential in real estate.

Investment Analysis

(CM2 area)

Above Market Value

This property is priced +11.6% above area average per sq ft

+11.6%
This Property
£473/sq ft
Area Average
£424/sq ft
Avg Rent (weekly)
£309
Avg Yield
4.1%

Renovation Potential

Light Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£492,985
10% above area average per sq ft
Potential ROI
-7.9%
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

Butts Way, Chelmsford, CM2
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,832
Based on a loan of £375,000 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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