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Benedict Drive, Chelmsford

East of England

£450,000

Listed on 03/07/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
1487 sqft

Description

This three-bedroom semi-detached house is situated on a generous corner plot within a tranquil no-through road, presenting an appealing opportunity for those looking to invest in a property with significant potential. The home offers spacious living areas that can be tailored to your lifestyle needs. The ground floor features a large kitchen/dining area that invites social gatherings and family meals, along with two versatile reception rooms ready for reimagining. Upstairs, you'll find three comfortable bedrooms and a family bathroom, creating a solid foundation for modernization or expansion (subject to planning consent). The expansive gardens surround the property, offering plenty of outdoor space ideal for families or gardening enthusiasts. With the potential for extension, this property allows creative minds to enhance its value further. Set close to local amenities, reputable schools, parks, and transport links to Chelmsford City Centre and London Liverpool Street, this home is convenient yet privately tucked away. This property not only invites you in but also encourages you to envision your dream renovation while enjoying its current comfort.

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Investment analysis

(CM1 area)

Below Market Value

This property is priced -26.5% below area average per sq ft

-26.5%
Potential saving
This Property
£303/sq ft
Area Average
£412/sq ft
Avg Rent (weekly)
£341
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£673,908
10% above area average per sq ft
Potential ROI
+34.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
63
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (CM1)

Area prices are rising by +2.5% over the last 12 months
3 year growth: +3.3%
5 year growth: +5.3%
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

Benedict Drive, 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
£1,700
Based on a loan of £337,500 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.

Stamp duty calculator

Next Steps

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