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Hillside Grove, Chelmsford, Essex, CM2

East of England

£375,000
Listed on 18/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
901 sqft

Description

This three-bedroom semi-detached home presents a compelling opportunity for buyers looking to invest in a property with significant renovation potential in a desirable Chelmsford neighborhood. While the residence calls for comprehensive modernization throughout, its solid layout and generous plot size suggest ample room for creating a bespoke living space that meets contemporary standards.<br><br>The ground floor features a traditional configuration, including an entry hallway that leads to a front-facing living room and a separate dining area situated at the rear. The independent kitchen opens out into the garden, providing possibilities for reconfiguration or expansion (subject to planning permission), enabling the creation of a more open-plan family area.<br><br>On the first floor, you will find three bedrooms—two spacious doubles and a single—alongside a family bathroom. Although this level also requires updating, its existing footprint is practical and offers great potential for enhancement.<br><br>The rear garden is sizeable and offers a sense of privacy, perfect for landscaping or future development. The front of the property includes driveway parking and side access. Many neighboring homes have already pursued extensions, making this an attractive consideration for prospective buyers looking to maximize their space (pending standard permissions).<br><br>Situated on Hillside Grove, this property benefits from easy access to Chelmsford city center as well as local schools and amenities, making it particularly appealing to first-time buyers or families eager to tailor their new home according to their vision.

Investment Analysis

(CM2 area)

Below Market Value

This property is priced -2.6% below area average per sq ft

-2.6%
Potential saving
This Property
£416/sq ft
Area Average
£427/sq ft
Avg Rent (weekly)
£293
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£423,299
10% above area average per sq ft
Potential ROI
-0.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
70
Average per month
Market Turnover
43%
Properties sold annually

Local Market Trend (CM2)

Area prices are rising by +3.3% over the last 12 months
3 year growth: +3.2%
5 year growth: +6.7%
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

Hillside Grove, Chelmsford, Essex, CM2
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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
£1,352
Based on a loan of £281,250 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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