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Hillside Grove, Chelmsford, Essex CM2 - Image 1
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Hillside Grove, Chelmsford, Essex CM2

East of England

£425,000
Listed on 26/09/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
868 sqft

Description

This three-bedroom property is ripe for renovation, making it an excellent opportunity for buyers eager to infuse their own style into a home. While the interior requires modernization, the space is well-suited for a thoughtful reconfiguration or expansion, subject to planning permissions. This presents a unique chance for both seasoned investors and first-time renovators to enhance the property’s value while creating a living space tailored to their preferences. The exterior features a generous 100-foot rear garden, providing ample outdoor space that could be transformed into a beautiful landscape or patio area. The property also includes a garage and driveway at the front, offering convenience and additional storage options. Situated in the sought-after Moulsham area, this home benefits from proximity to local bus routes connecting you easily to Chelmsford city center and various shops and amenities. The location enhances its appeal not only for personal use but also as an investment with growth potential. The sale comes with the added benefit of no onward chain, facilitating a smoother transaction process, and probate has already been granted. This property stands as a promising candidate for anyone looking to invest in real estate or take on a rewarding project.

Investment Analysis

(CM2 area)

Above Market Value

This property is priced +15.2% above area average per sq ft

+15.2%
This Property
£490/sq ft
Area Average
£425/sq ft
Avg Rent (weekly)
£315
Avg Yield
4.0%

Renovation Potential

Est. Renovation Cost
£42,500 - £106,250
10-25% of property value
Target Value
£405,838
10% above area average per sq ft
Potential ROI
-23.6%
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

Hillside Grove, Chelmsford, Essex CM2
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