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Hill Crescent, Chelmsford, CM2

East of England

£600,000
Listed on 21/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1300 sqft

Description

This three-bedroom semi-detached property presents a promising opportunity for both homeowners and investors alike. Set over two floors, it features flexible living spaces that can be tailored to modern needs. The garage and off-road parking are complemented by useful outbuildings, providing excellent additional storage or potential workspace. Recent enhancements to the front paving contribute to an inviting exterior with strong curb appeal.

Inside, the ground floor comprises a functional layout ideal for family life. The entrance hall leads into a ground floor WC, with access to a dining room at the front—perfect for gatherings—and a spacious living room at the rear, which is well-suited for relaxation and entertaining.

The kitchen is generously sized and benefits from direct access to the outdoors, making it practical for al fresco dining or garden activities. The garage links conveniently to this area, while additional outbuildings further enhance storage options.

Upstairs, the three bedrooms are comfortably sized and surround a central landing, creating an inviting atmosphere. A family bathroom completes this level. Notably, the large loft space offers potential for expansion or conversion subject to planning permissions—ideal for those seeking to add value.

This property is not only well-maintained but also holds substantial renovation potential in a desirable residential area of East England.

Investment Analysis

(CM2 area)

Above Market Value

This property is priced +8.3% above area average per sq ft

+8.3%
This Property
£462/sq ft
Area Average
£426/sq ft
Avg Rent (weekly)
£315
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£609,323
10% above area average per sq ft
Potential ROI
-4.8%
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

Hill Crescent, Chelmsford, CM2
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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
£2,125
Based on a loan of £450,000 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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