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Maltese Road, Chelmsford, Essex, CM1 - Image 1
Maltese Road, Chelmsford, Essex, CM1 - Image 2
Maltese Road, Chelmsford, Essex, CM1 - Image 3

Maltese Road, Chelmsford, Essex, CM1

East of England

£650,000

Listed on 13/10/2026

The listing

Property details

Bedrooms
5
Type
Detached
Area
1408 sqft

Description

This detached property presents a unique opportunity for renovation and modernisation, located just 0.2 miles from Chelmsford station. With the potential for five bedrooms, this home features off-street parking and a rear garden, making it ideal for families or investors. Upon entering, you are welcomed by an entrance hall leading to a separate cloakroom and a staircase to the first floor. The spacious sitting room, measuring approximately 17 feet, flows into a dining area that is perfect for entertaining. The kitchen is equipped with a range of units and work surfaces, providing access to the outside space. A ground-floor bedroom, approximately 16 feet in size, offers flexibility as a guest room or additional reception area, accompanied by an adjoining wet room. The first floor comprises four additional bedrooms, including a principal bedroom with an en suite shower room. The remaining bedrooms share a family bathroom, with the landing granting access to all rooms. Externally, the property boasts off-street parking via a private driveway and an east-facing rear garden, primarily laid to lawn with a shed and patio areas. Chelmsford city centre is around a mile away, offering a vibrant high street with various shopping and recreational facilities. The area is well-served by schools, including King Edward VI Grammar and Chelmsford County High School for girls. This property is not only conveniently located but also offers significant potential for those looking to invest in a home that can be tailored to their personal taste.

WHOTS analysis

Our WHOTS verdict

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

42out of 100
Grade ELow opportunity

Confidence: MEDIUM

This detached house offers a promising opportunity for those looking to invest in a property in need of modernisation, situated just 0.2 miles from Chelmsford station. With five bedrooms and off-street parking, there's ample scope for improvement, particularly in the dated living areas and kitchen. The east-facing garden is a bonus, providing a pleasant outdoor space with potential for enhancement. However, the current asking price of £650,000 is above the local average at £462/sqf, which may raise concerns about the overall value proposition once renovations are factored in.

While the property is located in a desirable area with good transport links and amenities, the economics of this deal are less than ideal. With the all-in costs projected at around £710,000 after renovations, this puts the investment at a significant -18.3% below the implied local average value. Buyers should be prepared for a medium-scale renovation project, which could stretch budgets given the current price point versus local benchmarks. This property could be a worthwhile project for those who see the potential in its layout and location but will require careful consideration of the financials involved.

Key opportunities

  • Five bedrooms offer flexibility for reconfiguration or additional living space.
  • Dated interiors provide a blank canvas for modernization and personal style.
  • The east-facing garden allows for landscaping and outdoor improvements.

Key risks

  • Asking price plus renovation costs lead to all-in expenses that are stretched compared to local market values.

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Map

Location

Maltese Road, Chelmsford, Essex, CM1
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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
£2,456
Based on a loan of £487,500 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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