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Old Court Road, Chelmsford CM2 - Image 1
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Old Court Road, Chelmsford CM2

East of England

£370,000
Listed on 26/09/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1033 sqft

Description

This three-bedroom terraced house presents a promising opportunity for investors and renovators alike, situated in a location that offers both convenience and potential for growth. Just a short distance from the city centre and the railway station, residents will enjoy easy access to public transport options, as well as walking and cycling routes that cater to an active lifestyle. The interior layout includes two spacious reception rooms, allowing for flexible use whether for family gatherings or quiet evenings at home. One of these rooms features a charming fireplace, adding an element of character to the living space. The property accommodates three bedrooms—two generous doubles and a single—making it suitable for families or anyone in need of a dedicated home office or guest room. A lean-to conservatory provides additional utility, with access to a separate WC conveniently located nearby. The family bathroom is equipped with a functional three-piece suite, while outside, the good-sized rear garden offers potential for landscaping or outdoor entertaining. The front yard features hardstanding, enhancing practicality and curb appeal. This property is especially inviting for first-time buyers or families eager to personalize their new home while benefitting from an area with solid amenities and transport links. Unique features like period fireplaces and a sizable garden add to its charm and investment potential. With an EPC rating of D, this property stands out as an exciting canvas for those looking to create their ideal living environment while also considering future value appreciation in this desirable neighborhood. A viewing is recommended to fully grasp the possibilities that await within these walls.

Investment Analysis

(CM2 area)

Below Market Value

This property is priced -15.7% below area average per sq ft

-15.7%
Potential saving
This Property
£358/sq ft
Area Average
£425/sq ft
Avg Rent (weekly)
£315
Avg Yield
4.0%

Renovation Potential

Est. Renovation Cost
£37,000 - £92,500
10-25% of property value
Target Value
£482,984
10% above area average per sq ft
Potential ROI
+4.4%
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

Old Court Road, Chelmsford CM2
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