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Former ATS Centre, 375 Springfield Road, Chelmsford, CM2 6AW - Image 1
Former ATS Centre, 375 Springfield Road, Chelmsford, CM2 6AW - Image 2
Former ATS Centre, 375 Springfield Road, Chelmsford, CM2 6AW - Image 3
Former ATS Centre, 375 Springfield Road, Chelmsford, CM2 6AW - Image 4
Former ATS Centre, 375 Springfield Road, Chelmsford, CM2 6AW - Image 5
Former ATS Centre, 375 Springfield Road, Chelmsford, CM2 6AW - Image 6
Former ATS Centre, 375 Springfield Road, Chelmsford, CM2 6AW - Image 7
Former ATS Centre, 375 Springfield Road, Chelmsford, CM2 6AW - Image 8
Former ATS Centre, 375 Springfield Road, Chelmsford, CM2 6AW - Image 9

Former ATS Centre, 375 Springfield Road, Chelmsford, CM2 6AW

East of England

£500,000

Listed on 22/06/2026

Property Details

Bedrooms
N/A
Type
Warehouse
Area
2815 sqft

Description

This property presents a versatile investment opportunity comprising workshop and storage facilities, alongside office and reception spaces. The single-storey, brick-built structure features a flat felt roof, including a small front extension for reception purposes and an additional side extension for extra storage and staff amenities. The layout includes a spacious two-bay workshop equipped with two roller shutter doors, offering an eaves height of approximately 4.05m, which enhances the usability for various business operations. Externally, the property boasts a generous forecourt capable of accommodating around eight vehicles, providing essential parking space in this predominantly residential area. Located on Springfield Road (B1137), it is conveniently situated about 1.5 miles northeast of Chelmsford city centre, with good access to the A138 and A12 for broader regional connectivity. Given its location and current configuration, there is considerable renovation potential to adapt the space for different uses or to modernise the facilities to meet evolving business demands.

Investment Analysis

(CM2 area)

Below Market Value

This property is priced -57.8% below area average per sq ft

-57.8%
Potential saving
This Property
£178/sq ft
Area Average
£421/sq ft
Avg Rent (weekly)
£318
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,302,388
10% above area average per sq ft
Potential ROI
+124.5%
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

Former ATS Centre, 375 Springfield Road, Chelmsford, CM2 6AW
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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
£1,889
Based on a loan of £375,000 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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