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Storms Way, Chelmsford CM2

East of England

£375,000
Listed on 11/09/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
775 sqft

Description

This two-bedroom semi-detached home is nestled in the desirable Chelmer Village area, where it occupies a substantial corner plot that presents noteworthy renovation and investment opportunities. The property, while in need of modernisation, serves as a blank canvas for those looking to design their perfect living space or capitalize on expansion potential (subject to planning permission). The interior layout includes a welcoming entrance hall leading into a spacious lounge/diner adorned with a bay window, a kitchen, and an adjoining lobby area with convenient access to a downstairs WC and lean-to. Upstairs, there are two well-sized bedrooms alongside a family bathroom equipped with both a bath and a separate shower cubicle. Outside, the property boasts extensive front, side, and rear gardens that enhance its appeal. The generous driveway offers off-road parking for multiple vehicles, complemented by sizeable outbuildings that provide valuable storage or workshop options. This expansive exterior space enhances the possibility for further development – whether you envision extending the existing structure or potentially adding new dwellings. Located in Chelmer Village, this home enjoys proximity to local amenities, schools, and transport links, making it an attractive option for families and commuters alike. With no onward chain, this property represents a rare chance to invest in an area known for its community feel and convenience while allowing you to shape your vision for the future. Early viewing is advisable to fully appreciate the potential this home has to offer.

Investment Analysis

(CM2 area)

Above Market Value

This property is priced +13.8% above area average per sq ft

+13.8%
This Property
£484/sq ft
Area Average
£425/sq ft
Avg Rent (weekly)
£315
Avg Yield
4.0%

Renovation Potential

Est. Renovation Cost
£37,500 - £93,750
10-25% of property value
Target Value
£362,355
10% above area average per sq ft
Potential ROI
-22.7%
After renovation
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

Storms Way, Chelmsford CM2
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