Binley Road, Chelmer Village, CM2
BA

Binley Road, Chelmer Village, CM2

By Balgores

£ 210,000

Reviews

2 out of 5 stars

Balgores says ..

This one double bedroom terraced home is situated in the sought after location of Chelmer Village. The accommodation comprises; 16' living room, 13' kitchen, 10' bedroom and a bathroom. Externally benefitting from communal gardens and two allocated off street parking spaces....

Property Oracle says ..

This one-bedroom terraced house in Chelmer Village, Chelmsford, presents a mixed bag of features. Its location is a definite plus, offering convenient access to the city centre and amenities. The proximity to schools and Chelmsford train station adds significant value for families and commuters. However, the provided images show a property that, while habitable, could benefit from some updating. The kitchen and bathroom are noticeably dated and would likely require modernization to meet contemporary standards. A significant drawback is the minimal land available to the property, with the images showing limited private outdoor space. The price, while potentially reasonable considering similar properties in the area, does not strike me as exceptionally good value given its size and need for minor renovation. Potential buyers should factor in the costs of updating the kitchen and bathroom into their overall budget. Overall, it would suit first-time buyers or investors looking for a property requiring moderate upgrading in a desirable location. The lack of detailed plot size information limits a more precise evaluation of the price-to-space ratio.

Therefore, we give this property 5 / 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
2
Bedrooms
1
Bathrooms
1
Sqft (est)
434.22

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
149,800.00 £
Decreased by 39.37 %
from 247,091.00 £
Est sale value
69,909.42 £
Decreased by 30.90 %
from 101,173.26 £
Average area rental value
1,131.00 £/mo
Increased by 5.60 %
from 1,071.00 £/mo
Est letting value
434.22 £/mo
Unchanged by 0.00 %
from 434.22 £/mo
Est rental Yield
9.06 %
Increased by 74.23 %
from 5.20 %
Crime Rate
15.00 %
Unchanged by 0.00 %
from 15.00 %

Agent Activity

  • Balgores marked this listing as sold.

  • Balgores created the listing.

Nearby Schools

NameTypeOfstedDistance
Che1/A Chelmsford Central Family HubChildren's Centre0.97 KM
Meadgate Primary SchoolAcademy Sponsor LedGood1.15 KM
Chelmsford Hospital SchoolOther Independent SchoolOutstanding1.25 KM
Barnes Farm Infant SchoolAcademy Converter1.27 KM
Barnes Farm Junior SchoolAcademy Converter1.27 KM

Images

Property Exterior Living Room Kitchen Living Room Living Room Bedroom Bathroom Parking Property Exterior

Nearby Streets

NameAverage PriceAverage SqftDistance
Buckingham Court £ 000.00 KM
Ruskin Road £ 323,33300.00 KM
Morris Road £ 000.00 KM
The Leys £ 512,50000.00 KM
Village Gate £ 550,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Chelmsford6836CHM3.13 KM

Nearby Listings

AddressPriceTypeScoreDistance
Binley Road, Chelmer Village, CM2 £ 225,000BUY6 / 100.02 KM
Binley Road, Chelmer Village, Chelmsford £ 325,000BUY7 / 100.02 KM
Binley Road, Chelmsford, Essex, CM2 £ 210,000BUY5 / 100.02 KM
Binley Road, Chelmsford, CM2 6XJ £ 230,000BUY6 / 100.03 KM
Binley Road, Chelmsford, CM2 £ 235,000BUY7 / 100.03 KM

Nearby Properties

AddressPriceDistance
8 Binley Road £ 120,0000.02 KM
3 Binley Road £ 198,0000.02 KM
4 Binley Road £ 35,7500.02 KM
10 Binley Road £ 185,0000.02 KM
12 Binley Road £ 415,0000.02 KM