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Boyne Drive, Springfield, Chelmsford

East of England

£395,000
Listed on 18/04/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This three-bedroom semi-detached property presents a solid foundation for those looking to invest in a home with significant renovation potential. Nestled in a quiet cul-de-sac, it features ample outdoor space with an unoverlooked rear garden, ideal for future extensions (subject to planning permission) to maximize its value. The ground floor offers a spacious dual-aspect lounge/diner and a separate kitchen, both of which could benefit from modern updates to enhance the living experience. Upstairs, the bedrooms are well-sized and equipped with built-in storage, while the family bathroom is functional yet ripe for modernization. With driveway parking for 2-3 vehicles and close proximity to local amenities and schools, this property is perfect for first-time buyers or investors looking to capitalize on its untapped potential.

Investment Analysis

(CM1 area)
Area Average
£417/sq ft
Avg Rent (weekly)
£336
Avg Yield
4.3%

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
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

Boyne Drive, 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
£1,399
Based on a loan of £296,250 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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