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Berwick Avenue, Chelmsford, CM1

East of England

£525,000
Listed on 22/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
2632 sqft

Description

Nestled on a generous corner plot, this four-bedroom detached chalet bungalow presents an excellent opportunity for transformation into a contemporary family residence. With planning permission and building control approval already secured for the existing extensions, much of the groundwork has been laid, enabling a new owner to focus on personalizing the final design aspects. The versatile layout features bright reception areas including a spacious sitting room with a fireplace, a dedicated home office, and an orangery that opens onto the garden, all of which can be tailored to meet modern living needs. The property is currently arranged across two levels with established gardens that offer both privacy and potential for further enhancements. Set within a peaceful area close to local amenities and reputable schools, this home not only offers ample living space but also promises significant investment potential for those looking to enhance its value through renovations.

Investment Analysis

(CM1 area)

Below Market Value

This property is priced -52.1% below area average per sq ft

-52.1%
Potential saving
This Property
£199/sq ft
Area Average
£417/sq ft
Avg Rent (weekly)
£336
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,206,575
10% above area average per sq ft
Potential ROI
+96.2%
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

Berwick Avenue, Chelmsford, CM1
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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
£1,859
Based on a loan of £393,750 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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