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Springfield Park Lane, Chelmsford

East of England

£300,000
Listed on 08/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
891 sqft

Description

This three-bedroom semi-detached residence is strategically situated in a desirable residential area near Chelmsford city centre, offering an excellent canvas for those looking to invest and modernise. The property boasts spacious living areas, including a lounge-diner that creates an inviting atmosphere for family gatherings or entertaining guests. A well-lit conservatory extends from the kitchen, providing potential for further enhancement and integration with the generously sized private garden that has ample room for landscaping or even possible extensions, subject to planning permissions. Upstairs, three good-sized bedrooms and a family bathroom await your creative touch. With off-street parking available and close proximity to local amenities, schools and transport links, this property presents a valuable opportunity for first-time buyers or investors eager to revitalise a home in a central location.

Investment Analysis

(CM2 area)

Below Market Value

This property is priced -21.2% below area average per sq ft

-21.2%
Potential saving
This Property
£337/sq ft
Area Average
£427/sq ft
Avg Rent (weekly)
£306
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£418,846
10% above area average per sq ft
Potential ROI
+19.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
60
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (CM2)

Area prices are rising by +3.3% over the last 12 months
3 year growth: +4.2%
5 year growth: +6.0%
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

Springfield Park Lane, 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
£1,082
Based on a loan of £225,000 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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