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Hopkins Mead, Chelmer Village, Chelmsford

East of England

£400,000
Listed on 28/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
1384 sqft

Description

This four-bedroom detached family home, located in the sought-after Chelmer Village area, offers substantial renovation potential for buyers looking to create their ideal living space. With two reception areas and an en-suite master bedroom, the property is currently in need of thorough refurbishment throughout, making it an excellent project for those seeking to modernize and enhance its value. The internal layout is spacious and could be reconfigured to meet modern standards, subject to obtaining necessary permissions. The home features off-street parking and a private rear garden that presents opportunities for landscaping and outdoor improvements. Additionally, the garage provides extra storage or potential for conversion. Conveniently situated near local shops and amenities, this property also lies within easy reach of Chelmsford city centre, which boasts a variety of retail options, cafés, and recreational facilities. For commuters, Chelmsford mainline railway station allows for quick access to London Liverpool Street, while the A12 ensures straightforward road connections to London and Colchester. Families will appreciate the availability of well-regarded schools and green spaces nearby. This property truly represents a promising investment opportunity.

Investment Analysis

(CM2 area)

Below Market Value

This property is priced -32.2% below area average per sq ft

-32.2%
Potential saving
This Property
£289/sq ft
Area Average
£426/sq ft
Avg Rent (weekly)
£315
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£648,695
10% above area average per sq ft
Potential ROI
+32.4%
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

Hopkins Mead, Chelmer Village, 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
£1,417
Based on a loan of £300,000 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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