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Greenways, Chelmsford

East of England

£400,000
Listed on 26/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
895 sqft

Description

Nestled in the sought-after area of Greenways, this three-bedroom semi-detached house offers a promising opportunity for buyers eager to personalize their living space. The property presents itself as a blank canvas, ripe for modernization, making it an attractive project for those looking to enhance its value or tailor it to their family's needs. The layout features a spacious lounge and a separate kitchen/diner configuration, both of which could benefit from reconfiguration to optimize space and flow. Upstairs, three generously sized bedrooms provide ample accommodation. Set on a decent plot, there is also the potential for expansion (subject to planning permissions) or simply enjoying the benefits of a sizable garden. This property combines great investment potential with an appealing location, making it an ideal choice for individuals seeking a residence that they can truly make their own.

Investment Analysis

(CM1 area)

Above Market Value

This property is priced +6.8% above area average per sq ft

+6.8%
This Property
£447/sq ft
Area Average
£418/sq ft
Avg Rent (weekly)
£329
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£411,915
10% above area average per sq ft
Potential ROI
-6.4%
After renovation
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
£1,443
Based on a loan of £300,000 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.

Next Steps

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