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Falmouth Road, Chelmsford, CM1

East of England

£675,000

Listed on 23/05/2026

Property Details

Bedrooms
5
Type
Detached
Area
1742 sqft

Description

Situated in a desirable residential area, this expansive five-bedroom detached home presents significant renovation and investment opportunities. Spanning approximately 1,742 sqft, this property blends spacious family living with potential for modern enhancements. The entrance hall invites you into a generous living room, over 16ft in length, which serves as a comfortable retreat. The separate dining room leads into an extended kitchen that holds promise for further customization and improvement. Additionally, the practical utility room and integral garage offer scope for conversion to increase usable space, subject to necessary planning permissions. The ground floor also features a versatile double bedroom, suitable for guests or as a home office, complemented by a nearby cloakroom/WC. Upstairs, the layout continues to cater to familial needs with four more bedrooms arranged around a central landing. The principal bedroom is spacious at over 15ft, while two further doubles and a good-sized single provide ample accommodation options. A family bathroom is available on this level alongside an additional WC. The external areas include off-road parking via a private driveway and a rear garden perfect for outdoor entertaining or further landscaping projects. Located on the outskirts of Chelmsford city centre, the home benefits from easy access to various amenities and excellent transport links to London Liverpool Street. This adaptable property offers both immediate comfort and considerable potential for enhancement.

Investment Analysis

(CM1 area)

Below Market Value

This property is priced -6.6% below area average per sq ft

-6.6%
Potential saving
This Property
£387/sq ft
Area Average
£415/sq ft
Avg Rent (weekly)
£350
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£795,127
10% above area average per sq ft
Potential ROI
+8.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Falmouth Road, 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
£2,408
Based on a loan of £506,250 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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