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Souther Cross, Good Easter, CM1

East of England

£475,000

Listed on 18/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1039 sqft

Description

Situated in the desirable village of Good Easter, within the Chelmsford district of Essex, this property presents an excellent opportunity for renovation and investment. Just a short drive from Chelmsford, it boasts a spacious layout ideal for reimagining into your dream home or potential rental property. The ground floor features an entrance hallway leading to a generous kitchen/dining area and a bright lounge that welcomes natural light, setting the stage for modern enhancements. Upstairs, you'll find three well-proportioned bedrooms complemented by a family bathroom. Outside, the expansive front driveway is suitable for multiple vehicles, while side access leads to useful brick storage buildings at the rear. The tranquil garden offers picturesque views of surrounding farmland and includes a patio area perfect for outdoor living. Additionally, prior planning permission adds further value to this already promising investment.

Investment Analysis

(CM1 area)

Above Market Value

This property is priced +10.9% above area average per sq ft

+10.9%
This Property
£457/sq ft
Area Average
£412/sq ft
Avg Rent (weekly)
£351
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£471,161
10% above area average per sq ft
Potential ROI
-8.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
67
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (CM1)

Area prices are stable by +1.2% over the last 12 months
3 year growth: -1.7%
5 year growth: +4.7%
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

Souther Cross, Good Easter, CM1
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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
£1,794
Based on a loan of £356,250 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

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