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Camborne Close, Chelmsford, CM1 - Image 1
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Camborne Close, Chelmsford, CM1 - Image 5

Camborne Close, Chelmsford, CM1

East of England

£270,000
Listed on 20/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This two-bedroom semi-detached house presents an excellent opportunity for buyers seeking a project with significant investment potential. Located in a desirable neighborhood, the property features an entrance hall leading into a spacious open plan lounge and diner, which connects to a conservatory, perfect for creating additional living space. The kitchen offers direct access to the outside, while upstairs, the generously sized main bedroom has the potential for conversion into a third bedroom if needed. A second double bedroom, along with a family bathroom and separate w/c complete the first floor layout. Though modernisation is necessary to optimize its appeal and functionality, this house holds great promise for those looking to enhance its value. Additional assets include a rear garage and a front garden that could be utilized for off-road parking. The vibrant community is conveniently located near local amenities such as shops, schools, and parks, with excellent transport connections ensuring easy commutes. Note that the property is constructed from Cornish reinforced concrete; prospective buyers should verify mortgage lending options before proceeding.

Investment Analysis

(CM1 area)
Area Average
£417/sq ft
Avg Rent (weekly)
£334
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
66
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (CM1)

Area prices are rising by +8.6% over the last 12 months
3 year growth: +0.5%
5 year growth: +8.7%
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

Camborne Close, Chelmsford, CM1
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£974
Based on a loan of £202,500 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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