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Peel Road, Chelmsford CM2 - Image 1
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Peel Road, Chelmsford CM2

East of England

£560,000
Listed on 26/09/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This detached bungalow features three bedrooms and is set on a generous plot, presenting a significant opportunity for renovation or redevelopment. Located in Chelmsford, this property benefits from good connectivity to local amenities, making it an appealing option for those looking to invest in the area. The current layout includes a lounge, a spacious kitchen/diner, a conservatory, a bathroom, and three bedrooms, as well as an attached garage. While the home is perfectly functional in its current state, the expansive grounds surrounding the property are where potential truly lies. The sizable outdoor spaces on both sides offer ample room for reconfiguration or expansion—ideal for creating a larger family home or even considering additional dwellings (subject to planning permission). The large front yard allows for convenient off-road parking and provides an inviting entrance. The surrounding gardens not only enhance privacy but also invite creative landscaping ideas or additional structures to suit your personal vision. With no onward chain, this property stands out as a unique opportunity for buyers who recognize its potential to become something special in one of Chelmsford’s established residential areas. The combination of current livability and future possibilities makes this an appealing venture for investors and homeowners alike.

Investment Analysis

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

Renovation Potential

Est. Renovation Cost
£56,000 - £140,000
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

Peel Road, Chelmsford CM2
Map showing location of Peel Road, Chelmsford CM2
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