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Chignal Road, Chelmsford CM1 - Image 1
Chignal Road, Chelmsford CM1 - Image 2
Chignal Road, Chelmsford CM1 - Image 3

Chignal Road, Chelmsford CM1

East of England

£450,000
Listed on 06/10/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This four-bedroom property on Chignal Road in Chelmsford offers a promising opportunity for those looking to invest or create their ideal family home. With a solid foundation and ample space, the residence is primed for renovation and customization, allowing new owners to craft a living environment that suits their unique needs. The home features a well-sized kitchen and breakfast area that presents potential for modern updates or reconfiguration to enhance functionality and style. The welcoming lounge provides a comfortable space for relaxation, while the separate dining room can be transformed into a versatile area for gatherings or even an open-plan design with the kitchen. A fitted family bathroom adds practicality to the existing layout. Outside, the property stands out with its generous garden space that not only enhances outdoor living but also offers considerable scope for expansion, subject to obtaining planning permission. The detached garage further increases storage options or could be repurposed as a workshop or hobby space. The front of the property includes secure off-road parking and a modest garden area, contributing to overall convenience. Located within reach of local amenities, schools, and transportation links, this home combines comfort with significant investment potential, making it an appealing option for buyers in Chelmsford who seek both immediate livability and future growth opportunities.

Investment Analysis

(CM1 area)
Area Average
£414/sq ft
Avg Rent (weekly)
£329
Avg Yield
4.2%

Renovation Potential

Est. Renovation Cost
£45,000 - £112,500
10-25% of property value
Monthly Sales
41
Average per month
Market Turnover
46%
Properties sold annually

Local Market Trend (CM1)

Area prices are rising by +11.2% over the last 12 months
3 year growth: 2.1%
5 year growth: 14.1%
Investment Disclaimer: Analysis based on CM1 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

Chignal Road, Chelmsford CM1
Map showing location of Chignal Road, Chelmsford CM1
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