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Greenways, Chelmsford

East of England

£450,000
Listed on 07/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached property presents a promising investment opportunity for those looking to create their ideal home. Nestled in a desirable residential area, the home features a traditional bay front and abundant living space suitable for families or first-time buyers. The layout includes a welcoming entrance hall that leads into a spacious lounge, enhanced by large windows that invite natural light. The kitchen connects seamlessly to the dining room, offering excellent scope for reconfiguration or extension to better suit modern lifestyles, pending planning approval.<br><br>Upstairs, you'll find three well-sized bedrooms, with two spacious doubles and a smaller third room that can serve as an office or guest space. The family bathroom is conveniently located on this floor, providing easy access for all.<br><br>The exterior of the property is equally appealing with an impressive 75’ unoverlooked rear garden that predominantly features lawn space—an ideal backdrop for outdoor activities or potential landscaping projects. There’s also a driveway accommodating two vehicles with extra potential for expansion if desired.<br><br>Local amenities are within walking distance, and the property is situated within esteemed grammar school catchments. Its proximity to Chelmsford City Centre and mainline station makes it an attractive option for commuters. With no onward chain and significant renovation potential to either extend or modernize the existing spaces, this property offers a rare chance to invest in a promising family home.

Investment Analysis

(CM1 area)
Area Average
£418/sq ft
Avg Rent (weekly)
£329
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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
35%
Properties sold annually

Local Market Trend (CM1)

Area prices are rising by +7.6% over the last 12 months
3 year growth: -0.1%
5 year growth: +7.9%
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

Greenways, 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
£1,623
Based on a loan of £337,500 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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