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Falmouth Road, Old Springfield, Chelmsford, Essex - Image 1
Falmouth Road, Old Springfield, Chelmsford, Essex - Image 2
Falmouth Road, Old Springfield, Chelmsford, Essex - Image 3

Falmouth Road, Old Springfield, Chelmsford, Essex

East of England

£225,000

Listed on 07/09/2026

The listing

Property details

Bedrooms
3
Type
Semi Detached
Area
840 sqft

Description

This three-bedroom semi-detached house, located on the outskirts of Chelmsford, presents a significant opportunity for renovation and investment. The property features a lounge, kitchen/diner, family room, three bedrooms, and a first-floor bathroom. While it is in need of full modernisation, the potential for rental income is promising, with estimates suggesting up to £1,500 per month once updated. The exterior includes a shared driveway leading to a garage, as well as an established garden to the rear. Situated in the desirable Old Springfield area, the home benefits from local amenities and convenient transport links to the city centre, making it an appealing option for both families and investors alike. Offered at auction, this property is a blank canvas awaiting your vision.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

64out of 100
Grade CPotential opportunity

Confidence: LOW

This three-bedroom semi-detached house on Falmouth Road presents a substantial opportunity for buyers looking to acquire a property well below the local price per square foot. At £268/sqf, the asking price is 35% lower than the average in the area, making this an attractive proposition for those willing to invest in renovations. The home is in need of extensive refurbishment, but this allows for a complete reimagining of the space, from updating the dated interiors to transforming the overgrown garden into a charming outdoor area.

The property's good location in the sought-after Old Springfield area of Chelmsford adds further value, with potential for rental income once modernised. With its functional layout, including a lounge, kitchen/diner, family room, and three bedrooms, there is ample scope to enhance the character and functionality of the home. Buyers can envision a modern family space or a lucrative buy-to-let investment, particularly given the area's amenities and transport links.

Key opportunities

  • The opportunity to fully modernise the interior, including the kitchen and bathroom, to create a contemporary living space.
  • Transforming the overgrown garden into an appealing outdoor area, enhancing the property's curb appeal and functionality.
  • Capitalising on the good location for potential rental income once renovations are complete.

Key risks

  • Stripped interiors and a significant renovation budget will require a full-gut programme, not just cosmetic updates.
  • Signs of neglect throughout the property may indicate underlying issues that could impact renovation plans.
  • Potential issues with damp or structural integrity may arise during the renovation process.

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Map

Location

Falmouth Road, Old Springfield, Chelmsford, Essex
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£850
Based on a loan of £168,750 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.

Tax

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Indicative tax based on the asking price and the options you select.

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