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Morris Road, Chelmsford, Essex

East of England

£300,000
Listed on 03/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
990 sqft

Description

This property on Morris Road in Chelmsford presents a significant renovation opportunity, ideal for those looking to invest in a home with tremendous potential. Set on a generous plot, it allows ample scope for expansion, redevelopment, or comprehensive reconfiguration pending necessary planning approvals. The dwelling requires thorough modernization and is well-suited for investors or anyone aiming to create a personalized living space. With its existing structure offering flexibility in layout, there is considerable potential to increase both the property's functionality and market value. The sizable plot stands out as an attractive feature, offering clear possibilities for lateral and rear extensions or even broader development options (subject to planning permission). Its location in a well-established residential neighborhood ensures easy access to Chelmsford city center, mainline rail services to London, and a variety of local amenities including schools and transport links. With the current condition and EPC rating indicating extensive work ahead, this property will appeal chiefly to cash purchasers or seasoned renovators. The absence of any upward chain facilitates a smoother transaction process, making it essential for interested parties to act quickly given the level of interest already noted.

Investment Analysis

(CM2 area)

Below Market Value

This property is priced -28.4% below area average per sq ft

-28.4%
Potential saving
This Property
£303/sq ft
Area Average
£423/sq ft
Avg Rent (weekly)
£317
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£460,919
10% above area average per sq ft
Potential ROI
+15.2%
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
14%
Properties sold annually

Local Market Trend (CM2)

Area prices are rising by +3.2% over the last 12 months
3 year growth: +4.5%
5 year growth: +4.8%
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

Morris Road, Chelmsford, Essex
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,070
Based on a loan of £225,000 over 30 years at 3.97% 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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