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Wickham Crescent, Chelmsford, CM1 4WD

East of England

£600,000

Listed on 16/07/2026

Property details

Bedrooms
5
Type
Detached
Area
1743 sqft

Description

Located in the sought-after Broomfield area, this five-bedroom detached home presents an excellent opportunity for those looking to invest in a property with significant renovation potential. The house spans three floors, providing ample space that can adapt to various family needs. Its attractive exterior features a wraparound front garden and a detached double garage, with off-road parking available for two vehicles. This property may be suitable for both rear and side extensions pending necessary planning approvals, making it an enticing option for future enhancements. Inside, the ground floor offers a spacious dual-aspect lounge that seamlessly flows into a dedicated dining area, ideal for entertaining guests or unwinding after a long day. A well-equipped kitchen provides plenty of storage and workspace, while an additional versatile reception room could serve multiple purposes: from a playroom or home office to a potential sixth bedroom. The first floor houses three generously sized bedrooms, including an impressive master suite complete with an en-suite shower room, as well as a stylish family bathroom. The top floor adds two more spacious bedrooms, perfect for older children or guests looking for privacy. Although well-presented throughout, there is room for modernisation and personal touches to truly make it your own. Positioned within proximity to Chelmsford City Centre and highly regarded schools—including the sought-after grammar school—this property combines convenience with the promise of future growth as you tailor it to your specifications. Furthermore, its location offers easy access to commuting options into London, enhancing its appeal as both a family home and an investment opportunity.

Investment analysis

(CM1 area)

Below Market Value

This property is priced -16.4% below area average per sq ft

-16.4%
Potential saving
This Property
£344/sq ft
Area Average
£412/sq ft
Avg Rent (weekly)
£341
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£789,928
10% above area average per sq ft
Potential ROI
+14.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Wickham Crescent, Chelmsford, CM1 4WD
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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
£2,267
Based on a loan of £450,000 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

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