Belmont Close, Springfield, Essex, CM1
BA

Belmont Close, Springfield, Essex, CM1

By Balgores

£ 550,000

Reviews

3 out of 5 stars

Balgores says ..

* SOLD VIA RESERVATION AGREEMENT * **GUIDE PRICE £550,000 - £600,000** * SITUATED ON A CORNER POSITION * QUIET CUL-DE-SAC LOCATION * WELL-PRESENTED DETACHED HOME * FOUR DOUBLE BEDROOMS * IN EXCESS OF 1,600 SQ.FT. OF L...

Property Oracle says ..

This four-bedroom, two-bathroom property located on Belmont Close in Springfield, Chelmsford, offers potential buyers a family home in a convenient location. The property’s proximity to schools like Springfield Primary School and The Boswells School, as well as Chelmsford train station, enhances its appeal for families. The house’s interior, as seen in the provided photographs, is well-maintained, though the decor appears slightly dated and could benefit from modernisation to align with current preferences. The kitchen and bathrooms, in particular, would likely benefit from updating. The garden offers a good outdoor space, although the exact size is not provided. The asking price of £550,000 falls within a reasonable range compared to other properties in the area, although precise comparisons are hampered by incomplete property information in nearby listings (many with unspecified Sqft values). Potential buyers should factor in the potential costs of renovations into their purchasing decision. Overall, the property presents itself as a sound investment with potential for further value addition through modernisation.

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
4
Bedrooms
4
Bathrooms
2
Sqft (est)
1,520.00

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
390,640.00 £
Decreased by 18.15 %
from 477,280.00 £
Average area rental value
1,020.00 £/mo
Increased by 1.39 %
from 1,006.00 £/mo
Est letting value
1,520.00 £/mo
Unchanged by 0.00 %
from 1,520.00 £/mo
Est rental Yield
5.01 %
Increased by 3.30 %
from 4.85 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Balgores marked this listing as sold.

  • Balgores created the listing.

Nearby Schools

NameTypeOfstedDistance
Springfield Primary SchoolCommunity SchoolRequires improvement0.44 KM
The Boswells SchoolAcademy ConverterGood0.64 KM
Perryfields Infant SchoolAcademy Converter0.76 KM
Perryfields Junior SchoolAcademy Converter0.81 KM
The Beaulieu Park SchoolFree Schools0.89 KM

Images

Kitchen Kitchen Living Room Living Room Dining Room Front Of Property Dining Room Entrance Hall En Suite Master Bedroom Bedroom Bedroom Bathroom Garden Garden Front Of Property

Nearby Streets

NameAverage PriceAverage SqftDistance
Lawn Lane £ 000.00 KM
New Bowers Way £ 232,50000.00 KM
Belstead Hall Chase £ 451,66700.00 KM
The Leys £ 512,50000.00 KM
Springfield Hall Lane £ 1,250,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Chelmsford6836CHM3.29 KM

Nearby Listings

AddressPriceTypeScoreDistance
Belmont Close, Springfield, Essex, CM1 £ 550,000BUY6 / 100.00 KM
Churchill Rise, Chelmsford £ 160,000BUY6 / 100.06 KM
Churchill Rise, Chelmsford, CM1 £ 375,000BUY6 / 100.09 KM
Pump Lane, Chelmsford, CM1 £ 450,000BUY8 / 100.13 KM
Leybourne Drive, Chelmsford, CM1 6 £ 530,000BUY6 / 100.15 KM

Nearby Properties

AddressPriceDistance
3 Belmont Close £ 60,0000.01 KM
18 Belmont Close £ 182,5000.01 KM
12 Belmont Close £ 418,0000.01 KM
17 Belmont Close £ 210,0000.01 KM
20 Belmont Close £ 300,0000.01 KM