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Maltings Road, Chelmsford

East of England

£375,000
Listed on 01/04/2026

Property Details

Bedrooms
2
Type
House
Area
775 sqft

Description

Situated on Maltings Road in the desirable area of Chelmsford, this property offers a solid foundation for investment or personal renovation. With a total area of 775 square feet, the house has received some modern upgrades, ensuring it is ready for comfortable living while presenting significant opportunities for further enhancement. Upon entry, you are welcomed into a spacious living area that serves as an excellent space for both relaxation and social gatherings. The kitchen is equipped with modern amenities, perfect for everyday cooking tasks. The ground floor also includes a practical WC, adding convenience to the layout. The upper level comprises two genuine double bedrooms that are bathed in natural light, making them ideal for restful evenings. The family bathroom has been updated to meet contemporary standards, providing a fresh atmosphere. One of the standout features of this property is its potential for expansion; planning permission was previously granted for a single-storey ground floor extension up to 3.8m (now lapsed). Reapplying could offer an easy route to increase your living space according to personal needs and preferences. Additionally, the property benefits from side access, which is particularly accommodating for pet owners. This home not only allows for immediate habitation but also stands as a prime candidate for further development in an appealing location known for its scenic walking paths and tranquil environment.

Investment Analysis

(CM2 area)

Above Market Value

This property is priced +13.6% above area average per sq ft

+13.6%
This Property
£484/sq ft
Area Average
£426/sq ft
Avg Rent (weekly)
£315
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£363,250
10% above area average per sq ft
Potential ROI
-10.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
63
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (CM2)

Area prices are rising by +2.1% over the last 12 months
3 year growth: +3.6%
5 year growth: +4.1%
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

Maltings Road, Chelmsford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,328
Based on a loan of £281,250 over 30 years at 3.91% 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.

Stamp Duty Calculator

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