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Sidmouth Road, Springfield, Chelmsford - Image 1
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Sidmouth Road, Springfield, Chelmsford

East of England

£350,000
Listed on 18/04/2026

Property Details

Bedrooms
2
Type
Semi Detached Bungalow
Area
926 sqft

Description

This semi-detached bungalow presents a promising investment opportunity for those eager to tailor a property to their individual tastes. The home features two bedrooms, a bathroom, a lounge, a dining area, a kitchen, a utility room, as well as a garage and driveway. Notably, it has been extended at the rear, adding valuable living space. With no onward chain involved in the sale, buyers can expect an efficient transaction process. The potential for enhancement is significant, making this bungalow an ideal canvas for anyone wanting to develop their ideal living environment. Set in the desirable Old Springfield area, this property is conveniently located just a 1.5-mile stroll from the City centre. Local amenities include shops and schools while transport links are readily accessible with bus routes to the City and nearby Chelmsford railway station. Commuters will appreciate that Chelmsford station provides regular services to London Stratford and Liverpool Street. The vibrant City centre boasts shopping facilities including two shopping centres alongside numerous restaurants and bars. Overall, this property offers an exciting prospect for renovation and personalisation.

Investment Analysis

(CM1 area)

Below Market Value

This property is priced -9.3% below area average per sq ft

-9.3%
Potential saving
This Property
£378/sq ft
Area Average
£417/sq ft
Avg Rent (weekly)
£336
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£424,502
10% above area average per sq ft
Potential ROI
+6.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
67
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (CM1)

Area prices are rising by +4.2% over the last 12 months
3 year growth: -1.1%
5 year growth: +5.4%
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

Sidmouth Road, Springfield, 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
£1,240
Based on a loan of £262,500 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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