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Peel Road, Chelmsford

East of England

£500,000
Listed on 18/02/2026

Property Details

Bedrooms
3
Type
Detached house

Description

Situated in the desirable Chelmer Village area, this three-bedroom detached bungalow offers a remarkable opportunity for renovation and investment. With no onward chain, the property is set on a generous plot that features extensive wrap-around gardens, off-street parking, and a detached garage, making it an attractive prospect for those looking to create their ideal home. The internal layout includes a welcoming entrance hall leading to three well-sized bedrooms and a comfortable lounge with garden views. A spacious kitchen/diner serves as an excellent hub for family living, complemented by a conservatory that enhances the connection to the outdoor space. The expansive garden not only provides room for landscaping but also holds significant potential for extensions or even redevelopment, subject to obtaining the necessary planning permissions. This combined with ample parking options makes this property particularly appealing. Conveniently located close to Chelmsford City Centre, residents will benefit from superb transport links, local amenities, and access to reputable schools – making it a perfect choice for families or developers seeking a project in a prime location.

Investment Analysis

(CM2 area)
Area Average
£427/sq ft
Avg Rent (weekly)
£293
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
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

Peel Road, Chelmsford
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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
£1,803
Based on a loan of £375,000 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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