Fourth Avenue, Chelmsford, Essex, CM1
East of England
£350,000
Listed on 04/10/2026
Listed on 04/10/2026
The listing
Property details
Bedrooms
2Type
BungalowArea
743 sqftFeatures
- Garden
Description
This two-bedroom bungalow is set in the Avenues area of Chelmsford, around 1.1 miles on foot from the railway station. The accommodation includes an entrance hall, two bedrooms, a shower room, kitchen, separate dining room and a rear lounge opening into a conservatory overlooking the garden. Gas central heating and storage are also noted.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
31out of 100
Grade ELow opportunity
Confidence: MEDIUM
This two-bedroom bungalow has a useful starting layout, with separate lounge and dining room spaces, a conservatory opening onto the garden, and a location within walking distance of Chelmsford station. The dated finishes across the visible interiors, older kitchen and shower room, and overgrown garden give a buyer scope to reshape and update the property rather than simply move in as it stands.
The price is the main constraint: £350,000 is about £471 per sq ft, around 14% above the local average. With a substantial programme of interior and garden work, the asking price plus the works leaves the overall spend stretched against local benchmarks for this floor area; that comparison is not a forecast of the value after renovation. No obvious major roof failure is visible in the submitted views.
Key opportunities
- Rework the dated finishes across the visible living and bedroom spaces to give the bungalow a coherent, updated feel.
- The separate lounge and dining room, plus conservatory access to the garden, provide a useful layout to improve while retaining distinct living and dining areas.
- Clear and prune the overgrown rear garden to make better use of its lawn, path, greenhouse and sheds.
Key risks
- The dated interiors, substantial stored contents and garden clearance make this a multi-area project with a longer, more involved programme than a cosmetic refresh.
- At a price already above the local £/sq ft average, the substantial works programme leaves the overall spend stretched against local benchmarks for a property of this size.
- Purchase plus the works band looks tight after allowing for the asking price and a non-cosmetic works programme — roughly 22% above what comparable floor area achieves locally in current condition, so margin after refurbishment is unproven.
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Transport
Nearest stations
Chelmsford Rail Station
0.9 miles
Train · Chelmsford City Centre
Beaulieu Park
2.1 miles
Train · Beaulieu
Hatfield Peverel Rail Station
5.6 miles
Train · Hatfield Peverel
Ingatestone Rail Station
6.8 miles
Train · Ingatestone
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£1,430
Based on a loan of £262,500 over 30 years at 5.13% 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
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
Pricing
Price history
-6.7% since listed
£350,000£25,000(-6.7%)
04/11/2026£375,000Initial listing
05/10/2026Services
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