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Byron Road, Chelmsford, CM2

East of England

£395,000

Listed on 19/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
936 sqft

Description

This three-bedroom semi-detached home presents a unique opportunity for renovation enthusiasts and investors. Having been in the same family since its construction, the property requires comprehensive modernization, allowing new owners to tailor it to their specifications. The ground floor welcomes you with an entrance hall leading to a spacious sitting room, featuring an inviting brick fireplace that could be restored to its former glory. The kitchen/diner is a blank canvas, ripe for transformation into the heart of the home. Additionally, there is significant potential for extension or reconfiguration, subject to necessary permissions, making it an appealing option for families looking to grow. Upstairs, the property comprises two generous double bedrooms and one single bedroom alongside a shower room and a separate WC, retaining original character elements awaiting updates. Externally, the mature rear garden offers a tranquil escape with established trees and shrubs, plus an outbuilding that provides workshop space or extra storage. Located centrally in Chelmsford within a well-established residential area, this home benefits from excellent access to local amenities and transport links. With proximity to Central Park and Admirals Park providing green spaces for leisure activities and easy commuting options available via Chelmsford railway station to London Liverpool Street as well as quick access to the A12 and A414 roads, this property is ideally situated for those prioritizing both convenience and community.

Investment Analysis

(CM2 area)

Below Market Value

This property is priced -0.3% below area average per sq ft

-0.3%
Potential saving
This Property
£422/sq ft
Area Average
£423/sq ft
Avg Rent (weekly)
£317
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£435,778
10% above area average per sq ft
Potential ROI
-8.3%
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

Byron Road, Chelmsford, CM2
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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
£1,409
Based on a loan of £296,250 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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