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

Greenways, Chelmsford

East of England

£475,000
Listed on 01/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
835 sqft

Description

This semi-detached three-bedroom home offers significant renovation and investment potential, situated on a generous plot with an impressive 75-foot rear garden that enjoys an unoverlooked aspect. The property features a spacious bay-fronted lounge, a dining room, and a kitchen, all of which provide a solid foundation for updates and personalization. The ground floor layout includes an entrance hall leading to the lounge, which benefits from ample natural light through its front-facing double-glazed window. The central gas fireplace adds warmth and character, while the adjacent dining room features convenient under-stair storage and direct access to the rear garden – ideal for entertaining or relaxing outdoors. The kitchen is functional but could be modernized to maximize space and efficiency, featuring base and wall units along with necessary appliances. Upstairs, the accommodation comprises three well-sized bedrooms, each offering potential for reconfiguration or enhancement. The master bedroom boasts fitted wardrobes and a pleasant view to the front of the property. Bedrooms two and three also include built-in storage solutions and good natural light. The bathroom is equipped with essential fixtures but presents opportunities for modernization. Outside, the extensive rear garden includes established shrubs and trees as well as a raised patio area – perfect for outdoor gatherings or as a blank canvas for landscaping projects. The driveway accommodates parking for two vehicles, with further expansion possible depending on future needs. Located within walking distance of highly regarded grammar schools and local amenities, this property provides easy access to Chelmsford City Center and mainline train services. With no onward chain complicating the sale process, this home represents an appealing opportunity for first-time buyers or investors looking to capitalize on its renovation potential in a desirable area.

Investment Analysis

(CM1 area)

Above Market Value

This property is priced +36.9% above area average per sq ft

+36.9%
This Property
£569/sq ft
Area Average
£416/sq ft
Avg Rent (weekly)
£322
Avg Yield
4.2%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£381,775
10% above area average per sq ft
Potential ROI
-22.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Greenways, Chelmsford
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,740
Based on a loan of £356,250 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