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Goldlay Road, Chelmsford CM2 - Image 1
Goldlay Road, Chelmsford CM2 - Image 2
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Goldlay Road, Chelmsford CM2

East of England

£550,000
Listed on 24/09/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1179 sqft

Description

Nestled in a desirable neighborhood, this three-bedroom, three-storey semi-detached townhouse presents an excellent opportunity for renovation and investment. With over 1,170 square feet of potential living space, the property strikes a balance between classic charm and modern functionality. Its prime location affords easy access to Chelmsford city centre and the mainline station, making it an appealing choice for both families and commuters. Upon entering, you are greeted by a bright porch and an entrance hall that leads to various areas of the home. The ground floor features a convenient cloakroom/WC with contemporary fixtures, enhancing practicality for daily living. The open-plan kitchen/dining area is designed with a range of shaker-style units and integrated appliances, offering a solid foundation for further enhancements or personal touches. A single door opens to the rear garden, presenting the possibility of expanding your living space outdoors. Additionally on the ground floor is an integral garage that holds significant potential for conversion (subject to planning permission), whether as extra storage, a home office, or even a gym—tailoring options abound. The first floor boasts a spacious living room filled with natural light from large windows overlooking the garden. This versatile area can be easily adapted with simple updates or renovations to enhance its appeal. Bedroom Three is also situated on this level and can serve multiple purposes such as a guest room or study. Moving upstairs, two generously sized double bedrooms await on the second floor. The principal bedroom offers serene views while Bedroom Two provides ample space for family or guests. The family bathroom features modern fixtures and tasteful grey tiling but could benefit from some contemporary updates to match personal preferences. Outside, the property includes a spacious driveway capable of accommodating several vehicles along with low-maintenance garden areas at both front and back. The rear garden is enclosed for privacy and includes patio space ideal for outdoor gatherings or relaxation. This residence not only has sturdy foundations but also incredible potential for renovation—all within walking distance to Chelmsford’s vibrant amenities including shops, restaurants, leisure facilities, and highly-rated schools. Given its location with excellent transport links including approximately 30-minute access to London Liverpool Street via train, this property stands out as a promising investment opportunity in an increasingly desirable market.

Investment Analysis

(CM2 area)

Above Market Value

This property is priced +9.8% above area average per sq ft

+9.8%
This Property
£466/sq ft
Area Average
£425/sq ft
Avg Rent (weekly)
£315
Avg Yield
4.0%

Renovation Potential

Est. Renovation Cost
£55,000 - £137,500
10-25% of property value
Target Value
£551,247
10% above area average per sq ft
Potential ROI
-19.8%
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

Goldlay Road, Chelmsford CM2
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