Patching Hall Lane, Chelmsford, CM1
BA

Patching Hall Lane, Chelmsford, CM1

By Balch Estate Agents

£ 625,000

Reviews

3 out of 5 stars

Balch Estate Agents says ..

Situated on the popular road of Patching Hall Lane is this three bedroom chalet bungalow situated on a plot of just under 1/4 of an acre (STLS).  The property offers well-proportioned rooms throughout and would lend itself to extension (STPP).  The ground floor accommodation comprise...

Property Oracle says ..

This three-bedroom bungalow located on Patching Hall Lane in Chelmsford presents a compelling opportunity for a buyer willing to undertake some renovations. The property’s key strengths lie in its desirable location and ample land. Its proximity to highly-rated schools and Chelmsford city centre makes it attractive to families. The substantial 0.21-acre garden provides considerable outdoor space. However, the interior requires significant updating. The kitchen and bathrooms are dated, and the overall décor needs modernisation to meet the standards of contemporary homes. This fact is reflected in its pricing. The presence of off-street parking and a garage are additional advantages. Overall, the property is a sound investment opportunity for those who are prepared to invest in its modernisation and appreciate the benefits of a great location and a large garden. Buyers should factor in the renovation costs into their budget. The lack of information on square footage for many nearby properties makes direct comparison difficult, however the property appears to be reasonably priced considering the location and land size. Further detailed surveys are recommended prior to purchase.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
7
Bedrooms
3
Bathrooms
1
Sqft (est)
1,386.07

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
438,704.00 £
Increased by 3.24 %
from 424,919.00 £
Est sale value
275,827.93 £
Decreased by 76.05 %
from 1,151,824.17 £
Average area rental value
1,563.00 £/mo
Increased by 12.12 %
from 1,394.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 2,772.14 £/mo
Est rental Yield
4.28 %
Increased by 8.63 %
from 3.94 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Balch Estate Agents marked this listing as sold.

  • Balch Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Columbus School And CollegeAcademy Special ConverterOutstanding0.34 KM
St John Payne Catholic School, ChelmsfordVoluntary Aided SchoolGood0.35 KM
St Pius X Catholic Primary SchoolAcademy Converter0.62 KM
Tanglewood Nursery SchoolLocal Authority Nursery SchoolOutstanding0.85 KM
Parkwood AcademyAcademy Sponsor LedGood0.99 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Cornwall Crescent £ 300,00000.00 KM
Camelot Close £ 350,00000.00 KM
Elm Close £ 825,00000.00 KM
Kipling Close £ 000.00 KM
West Avenue £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Chelmsford6836CHM2.18 KM

Nearby Listings

AddressPriceTypeScoreDistance
Patching Hall Lane, Chelmsford, CM1 £ 1,200,000BUYUnknown0.00 KM
Patching Hall Lane, Chelmsford, CM1 £ 625,000BUY6 / 100.00 KM
Patching Hall Lane, Chelmsford, Essex, CM1 £ 1,100,000BUY7 / 100.01 KM
Patching Hall Lane, Chelmsford £ 675,000BUYUnknown0.11 KM
Longleat Close, Chelmsford, CM1 £ 575,000BUY6 / 100.20 KM

Nearby Properties

AddressPriceDistance
92 Patching Hall Lane £ 630,0000.01 KM
86 Patching Hall Lane £ 410,0000.01 KM
82 Patching Hall Lane £ 660,0000.01 KM
68 Patching Hall Lane £ 700,0000.01 KM
114 Patching Hall Lane £ 580,0000.01 KM