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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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 %
- Est sale value
- 154,200.00 £Decreased by 18.15 %
- Average area rental value
- 1,020.00 £/moIncreased by 1.39 %
- Est letting value
- 600.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.01 %Increased by 3.30 %
- Crime Rate
- 10.00 %Unchanged by 0.00 %
Agent Activity
Adrians marked this listing as sold.
Adrians created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Springfield Primary School | Community School | Requires improvement | 0.21 KM |
The Boswells School | Academy Converter | Good | 0.64 KM |
The Bishops' Church Of England And Roman Catholic Primary School | Voluntary Aided School | Good | 0.73 KM |
The Beaulieu Park School | Free Schools | 0.82 KM | |
Perryfields Infant School | Academy Converter | 0.85 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
New Bowers Way | £ 232,500 | 0 | 0.00 KM |
Lawn Lane | £ 0 | 0 | 0.00 KM |
The Leys | £ 512,500 | 0 | 0.00 KM |
Belstead Hall Chase | £ 451,667 | 0 | 0.00 KM |
Joseph Prentice Way | £ 0 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Chelmsford | 6836 | CHM | 3.40 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Crocus Way, Chelmsford | £ 150,000 | BUY | 4 / 10 | 0.00 KM |
Crocus Way, Chelmsford, CM1 | £ 180,000 | BUY | Unknown | 0.01 KM |
Clematis Tye, Chelmsford, Essex, CM1 | £ 199,995 | BUY | 5 / 10 | 0.03 KM |
Crocus Way, Springfield, Chelmsford | £ 375,000 | BUY | 6 / 10 | 0.10 KM |
Mayne Crest, Chelmsford, CM1 | £ 505,000 | BUY | 6 / 10 | 0.14 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
35 Crocus Way | £ 116,000 | 0.00 KM |
17 Crocus Way | £ 111,000 | 0.00 KM |
27 Crocus Way | £ 119,995 | 0.00 KM |
31 Crocus Way | £ 200,000 | 0.00 KM |
7 Crocus Way | £ 116,000 | 0.00 KM |