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Greenways, Chelmsford CM1

East of England

£465,000
Listed on 28/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
835 sqft

Description

This three-bedroom semi-detached home presents an excellent opportunity for buyers looking to invest in a property with considerable renovation potential. With no onward chain, the property features a spacious bay-fronted lounge and a dining area that opens to a generous 75-foot rear garden, which is not directly overlooked. The existing layout offers significant scope for extension (subject to planning permission), allowing new owners to tailor the space according to their needs. The driveway currently accommodates two vehicles, with further possibilities for expansion. Located conveniently within walking distance of reputable grammar schools and local amenities, as well as easy access to Chelmsford City Centre and the mainline station, this property is particularly appealing for first-time buyers who envision creating their ideal living environment.

Investment Analysis

(CM1 area)

Above Market Value

This property is priced +33.6% above area average per sq ft

+33.6%
This Property
£557/sq ft
Area Average
£417/sq ft
Avg Rent (weekly)
£334
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£382,969
10% above area average per sq ft
Potential ROI
-24.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
66
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (CM1)

Area prices are rising by +8.6% over the last 12 months
3 year growth: +0.5%
5 year growth: +8.7%
Investment Disclaimer: Analysis based on CM1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Greenways, Chelmsford CM1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,677
Based on a loan of £348,750 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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