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Kirkmans Road, Chelmsford, CM2

East of England

£350,000

Listed on 04/06/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
646 sqft

Description

This two-bedroom semi-detached bungalow, nestled in a tranquil cul-de-sac, presents a remarkable opportunity for buyers with an eye for renovation and potential expansion. Set on a generous corner plot and backed by a greensward area, the property invites creative enhancements and personal touches. Its side garden offers excellent prospects for extension, subject to planning permissions, catering perfectly to those looking to increase living space or enhance functionality. Inside, the property is well-maintained but could benefit from modernization; it features a spacious lounge, an efficiently laid-out kitchen, a shower room, and two ample double bedrooms. A conservatory adds extra versatility as additional living space while providing lovely garden views and direct outdoor access. The exterior includes a tidy rear garden ideal for relaxation or gatherings and an outbuilding equipped with power and lighting for various uses. This bungalow offers not only comfort but significant investment potential in a desirable residential area.

Investment Analysis

(CM2 area)

Above Market Value

This property is priced +28.8% above area average per sq ft

+28.8%
This Property
£542/sq ft
Area Average
£421/sq ft
Avg Rent (weekly)
£318
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£298,878
10% above area average per sq ft
Potential ROI
-20.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
58
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (CM2)

Area prices are rising by +3.8% over the last 12 months
3 year growth: +5.3%
5 year growth: +6.2%
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

Kirkmans Road, Chelmsford, CM2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,322
Based on a loan of £262,500 over 30 years at 4.45% 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.

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