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Cornflower Drive Chemlsford

East of England

£140,000

Listed on 21/09/2026

The listing

Property details

Bedrooms
2
Type
Flat

Description

This well-proportioned two-bedroom flat is situated within a purpose-built block, featuring attractive communal gardens. While the property requires updating, it presents a significant opportunity for buyers looking to renovate and create a desirable living space. The flat includes an entrance hallway leading to a spacious living room, a functional kitchen, and a bathroom. Both bedrooms offer ample space, with the main bedroom providing a comfortable retreat. This property is ideal for those seeking to invest in a renovation project in a sought-after location.

WHOTS analysis

Our WHOTS verdict

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

50out of 100
Grade DWeak opportunity

Confidence: LOW

This well-proportioned two-bedroom flat in a purpose-built block represents a solid opportunity for buyers looking to invest in a renovation project. Priced at £140,000, it stands significantly below the local average sale price of £417,870, providing a cheap entry point for potential buyers who can envision the value they could create through updates and improvements.

The flat has a dated interior, with worn flooring and walls in the living room, outdated cabinetry in the kitchen, and old fixtures in the bathroom. However, these elements present a canvas for transformation, allowing a new owner to create a modern and desirable living space. The communal gardens are a nice bonus, enhancing the overall appeal of the property. With renovation costs estimated between £40,000 and £80,000, the project scale is light/typical, making this a manageable undertaking for those looking to add value.

Key opportunities

  • Significant renovation potential to modernize the dated interiors.
  • Attractive communal gardens enhance the outdoor space.
  • Good location with well-proportioned rooms offers a desirable living environment.

Key risks

None recorded.

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Map

Location

Cornflower Drive Chemlsford
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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
£529
Based on a loan of £105,000 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.

Tax

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