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Nalla Gardens, Chelmsford, CM1 4AX

East of England

£320,000

Listed on 05/10/2026

The listing

Property details

Bedrooms
2
Type
Bungalow

Description

This two-bedroom detached bungalow presents a unique opportunity for renovation and extension, ideal for those looking to create their dream home. The property is being sold with no onward chain, allowing for a straightforward purchase process. Located conveniently within walking distance of local shops and bus routes to Chelmsford City Centre and Broomfield Hospital, it also offers off-road parking at the front. The entrance hall leads into a lounge featuring a charming Yorkstone brick fireplace, which provides a cozy focal point. Adjacent to the lounge is a conservatory that opens up to the garden, offering potential for additional living space. The kitchen is fitted with wall and base units, providing a functional area for cooking and dining. Both bedrooms are generously sized, with the main bedroom benefiting from a bay window that enhances natural light. The bathroom includes essential fittings, but modernisation is needed throughout the property to bring it up to contemporary standards. Additionally, there is a useful attic room that could be transformed into extra living space. The garden features a central pathway bordered by shrubs and flowers, providing a pleasant outdoor area. This property is ripe for improvement, making it an attractive option for buyers looking to invest in a home with significant potential.

WHOTS analysis

Our WHOTS verdict

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

47out of 100
Grade ELow opportunity

Confidence: LOW

This semi-detached two-bedroom bungalow presents a solid opportunity for buyers looking to invest in a property that requires modernisation throughout. While the home shows signs of wear in several areas, including the living spaces, bedrooms, and kitchen, the dated condition allows for a fresh canvas where significant improvements can be made. The potential for extension also adds to the appeal, giving buyers the chance to create a more spacious living environment tailored to their needs.

Situated within a good location close to local shops and transport links, this property benefits from off-road parking and a garden that could be revitalised with some maintenance. Although the absence of specific floor area data limits the ability to evaluate the price versus local averages, the guide price of £320,000, coupled with a renovation budget of £40,000 to £120,000, suggests that there is room for value creation. Keep in mind that bidding could push the final sale price above the guide, so this listing may not remain as accessible as it appears at first glance.

Key opportunities

  • Scope for extensive modernisation throughout the property.
  • Potential for extension to enhance living space.
  • Good location with prospects for property appreciation.

Key risks

  • Observed signs of wear and need for modernisation throughout.
  • Potential structural issues could pose risks.
  • Requires a medium-scale renovation project.

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Map

Location

Nalla Gardens, Chelmsford, CM1 4AX
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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
£1,209
Based on a loan of £240,000 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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Indicative tax based on the asking price and the options you select.

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