Crocus Way, Chelmsford
AD

Crocus Way, Chelmsford

By Adrians

£ 150,000

Reviews

2 out of 5 stars

Adrians says ..

GUIDE PRICE £150,000 - £160,000! Making a great purchase for either a first time buyer or possible buy to let investor, is this one bedroom top floor purpose built apartment with a good Lease. The apartment is surrounded by lawned gardens with various pathways to communal entrances, each w (cont.)

Property Oracle says ..

This one-bedroom apartment in Chelmsford’s Springfield North offers a potentially affordable entry point to the housing market. Its location provides access to local schools and is within a reasonable distance of Chelmsford city centre. The apartment itself presents an average condition. While the interior is clean, it appears to be in need of some modernising. The limited amount of communal green space and lack of private garden are significant drawbacks for many buyers. The price of £150,000 falls within the range of other similar one-bedroom apartments listed on Crocus Way, suggesting it is priced reasonably for the area. However, further investigation into leasehold details and potential service charges would be advisable for a potential buyer. The overall impression is of a functional but unexceptional property suitable for a first-time buyer or investor who is willing to undertake some refurbishment to improve aesthetics. Further details on square footage and lease details would provide a more complete picture of the value proposition.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
6
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
600.00
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Leaflet © OpenStreetMap contributors

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
244,515.00 £
Decreased by 1.83 %
from 249,066.00 £
Est sale value
154,200.00 £
Decreased by 18.15 %
from 188,400.00 £
Average area rental value
1,020.00 £/mo
Increased by 1.39 %
from 1,006.00 £/mo
Est letting value
600.00 £/mo
Unchanged by 0.00 %
from 600.00 £/mo
Est rental Yield
5.01 %
Increased by 3.30 %
from 4.85 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Adrians marked this listing as sold.

  • Adrians created the listing.

Nearby Schools

NameTypeOfstedDistance
Springfield Primary SchoolCommunity SchoolRequires improvement0.21 KM
The Boswells SchoolAcademy ConverterGood0.64 KM
The Bishops' Church Of England And Roman Catholic Primary SchoolVoluntary Aided SchoolGood0.73 KM
The Beaulieu Park SchoolFree Schools0.82 KM
Perryfields Infant SchoolAcademy Converter0.85 KM

Images

SITTING ROOM FURTHER VIEW Main Picture KITCHEN BEDROOM BATHROOM EXTERIOR

Nearby Streets

NameAverage PriceAverage SqftDistance
New Bowers Way £ 232,50000.00 KM
Lawn Lane £ 000.00 KM
The Leys £ 512,50000.00 KM
Belstead Hall Chase £ 451,66700.00 KM
Joseph Prentice Way £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Chelmsford6836CHM3.40 KM

Nearby Listings

AddressPriceTypeScoreDistance
Crocus Way, Chelmsford £ 150,000BUY4 / 100.00 KM
Crocus Way, Chelmsford, CM1 £ 180,000BUYUnknown0.01 KM
Clematis Tye, Chelmsford, Essex, CM1 £ 199,995BUY5 / 100.03 KM
Crocus Way, Springfield, Chelmsford £ 375,000BUY6 / 100.10 KM
Mayne Crest, Chelmsford, CM1 £ 505,000BUY6 / 100.14 KM

Nearby Properties

AddressPriceDistance
35 Crocus Way £ 116,0000.00 KM
17 Crocus Way £ 111,0000.00 KM
27 Crocus Way £ 119,9950.00 KM
31 Crocus Way £ 200,0000.00 KM
7 Crocus Way £ 116,0000.00 KM