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Hatfield Grove, Chelmsford, CM1

East of England

£400,000

Listed on 15/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
850 sqft

Description

Situated in the sought-after Hatfield Grove area, this three-bedroom residence offers a substantial opportunity for renovation and investment. With its spacious layout, this property is ideal for families or individuals looking to customize their living space. The interior boasts bright, adaptable rooms that lend themselves to a variety of design possibilities for both daily living and entertaining guests.

A significant highlight is the large rear garden, which provides ample outdoor space that is often hard to come by in similar properties. This area not only serves as a perfect setting for family gatherings and gardening but also presents potential for future development or landscaping enhancements, subject to the necessary permissions.

The property benefits from proximity to essential amenities such as schools and transport links, making it convenient for commuting to Chelmsford city centre. Its chain-free status further simplifies the purchasing process, catering to buyers eager to begin their renovation journey without delay.

Investment Analysis

(CM1 area)

Above Market Value

This property is priced +13.4% above area average per sq ft

+13.4%
This Property
£471/sq ft
Area Average
£415/sq ft
Avg Rent (weekly)
£350
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£387,978
10% above area average per sq ft
Potential ROI
-13.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
73
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (CM1)

Area prices are stable by +1.8% over the last 12 months
3 year growth: -1.6%
5 year growth: +4.8%
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

Hatfield Grove, Chelmsford, CM1
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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
£1,427
Based on a loan of £300,000 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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