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New London Road, Chelmsford CM2 - Image 1
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New London Road, Chelmsford CM2

East of England

£500,000
Listed on 19/09/2025

Property Details

Bedrooms
3
Type
Detached house

Description

Spergula Cottage presents a unique opportunity to acquire a historic three-bedroom detached bungalow, located in the desirable Old Moulsham area of Chelmsford. Tucked away at the end of a private driveway, this property offers a peaceful retreat while remaining conveniently close to local shops, cafés, and essential amenities. Constructed in the mid-1800s as part of the Spergula House estate, this home reflects its rich heritage, originally designed by esteemed architects Beadle, Son & Chancellor. The character of the era is evident throughout the property, featuring high ceilings and an attractive red brick exterior that enhances its historical charm. The interior boasts a spacious lounge-diner where original pine flooring and an electric feature fireplace create a warm atmosphere. Natural light pours in from double-glazed bow and side windows, making this space both inviting and bright. The kitchen is practical with ample eye- and base-level units complemented by tiled backsplash and convenient utility area for additional storage and workspace. Each of the three bedrooms possesses its own distinct character enhanced by period details like picture rails and built-in storage solutions. Outside, the south-facing gardens provide several inviting spaces for relaxation or outdoor activities. The east courtyard offers a secluded area ideal for alfresco meals, while the west garden features mature borders including fruit trees and diverse shrubs. Additionally, there’s a main lawn that includes a potting shed and summer house, along with garage/workshop access—perfect for those who enjoy gardening or need extra outdoor storage. Significantly, Spergula Cottage holds considerable renovation potential; with appropriate planning permissions, there is scope for extension or reconfiguration to suit modern lifestyle needs. This combination of historical significance and future adaptability makes it an appealing investment. Positioned just moments from Chelmsford’s vibrant city center yet surrounded by tranquility, Spergula Cottage allows you to enjoy both heritage and convenience. This listing presents a rare chance to invest in a distinctive piece of Chelmsford's architectural history.

Investment Analysis

(CM2 area)
Area Average
£425/sq ft
Avg Rent (weekly)
£315
Avg Yield
4.0%

Renovation Potential

Est. Renovation Cost
£50,000 - £125,000
10-25% of property value
Monthly Sales
62
Average per month
Market Turnover
47%
Properties sold annually

Local Market Trend (CM2)

Area prices are rising by +2.9% over the last 12 months
3 year growth: 1.3%
5 year growth: 13.6%
Investment Disclaimer: Analysis based on CM2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

New London Road, Chelmsford CM2
Map showing location of New London Road, Chelmsford CM2
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