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Harewood Road, Chelmsford - Image 1
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Harewood Road, Chelmsford

East of England

£310,000
Listed on 06/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1034 sqft

Description

This three-bedroom terraced house sits on the edge of a sought-after development and benefits from a view over a small greensward. While the property requires modernization, it has already been extended at the rear, providing additional living space. Off-street parking is available, which is a valuable asset in this area. The absence of an onward chain streamlines the buying process for potential investors or owners looking to put their mark on the property. The entrance hall leads up to the first floor, while the kitchen has been fitted with basic units and features double glazing. Adjacent to it, there is a utility/breakfast room that could be transformed into an inviting dining space. The main sitting room is generously sized with a bow window and leads into a dining area through French doors, creating opportunities for open-plan living once modernized. Upstairs, two of the three bedrooms enjoy views over green space, making them appealing for families. The bathroom and separate WC offer potential for refurbishment to meet contemporary standards. Outside, the rear garden provides ample space for landscaping or extension (subject to planning), while the front offers convenient off-street parking. This property represents an excellent opportunity for renovation enthusiasts or investors eager to capitalize on Chelmsford's vibrant market and strong community.

Investment Analysis

(CM1 area)

Below Market Value

This property is priced -28.1% below area average per sq ft

-28.1%
Potential saving
This Property
£300/sq ft
Area Average
£417/sq ft
Avg Rent (weekly)
£334
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£474,239
10% above area average per sq ft
Potential ROI
+37.5%
After renovation
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

Harewood Road, Chelmsford
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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
£1,118
Based on a loan of £232,500 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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