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Leapingwell Close, Chelmer Village, Chelmsford - Image 1
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Leapingwell Close, Chelmer Village, Chelmsford

East of England

£400,000

Listed on 07/06/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This three-bedroom semi-detached property offers significant renovation and investment opportunities, notably with the potential for extension (subject to planning permission). The home features a spacious 27' dual aspect lounge/diner and a 20' kitchen that could benefit from modern updates. It includes an unoverlooked rear garden that is well-proportioned, ideal for outdoor enhancements or landscaping projects. The existing shower room has been refitted, providing a functional element while the rest of the house awaits your personal touch. Located in a quiet cul-de-sac within Chelmer Village, this property has convenient access to local amenities, schools, and Chelmsford City Centre, making it an attractive prospect for families or investors looking to increase value. With a garage that has the potential for conversion and driveway parking for two vehicles, this residence is poised for transformation into a contemporary family home.

Investment Analysis

(CM2 area)
Area Average
£421/sq ft
Avg Rent (weekly)
£318
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
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

Leapingwell Close, Chelmer Village, Chelmsford
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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
£1,511
Based on a loan of £300,000 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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