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Navigation Road, Chelmsford, CM2

East of England

£290,000
Listed on 09/11/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This mid-terrace cottage presents an excellent opportunity for renovation and investment, appealing to those looking to enhance its charm. While the property is currently livable, there are ample possibilities to modernize and improve the space throughout, allowing new owners to tailor it to their preferences. Convenience is a significant asset of this home, located just a short walk from the center of Chelmsford and its mainline railway station. This prime location is particularly beneficial for commuters and first-time buyers seeking accessibility to local amenities and transport links. Internally, the cottage features practical living spaces, including a lounge with a welcoming fireplace surround as well as a dining room that flows into a functional kitchen equipped with essential appliances and sufficient storage. The first floor comprises two well-proportioned bedrooms and a bathroom fitted with standard fixtures that could be updated according to personal taste. The property also includes off-road parking accessible from the rear garden, offering practicality in addition to outdoor space featuring both a small patio area and lawn. Front street parking is available through residents’ zoned permits. Overall, this mid-terrace cottage offers substantial potential for improvement, making it an attractive option for those looking to invest or create a personalized home. With no onward chain, the transition for potential buyers could be smooth and straightforward.

Investment Analysis

(CM2 area)
Area Average
£424/sq ft
Avg Rent (weekly)
£309
Avg Yield
4.1%

Renovation Potential

Light Refurb
Est. Renovation Cost
£8,000 - £15,000
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

Navigation 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
£1,062
Based on a loan of £217,500 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