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Chelmsford, CM1

£240,000|Mews | 1 bedroom | Freehold|↑220% compared to last sold price
Approximate area: CM1
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Added on 12th May 2026 by Abbotts, Chelmsford
On the market for 4 months, 2 days
Summary
** Guide price £240,000 - £260,000 ** Offered with no onward chain is this well-presented one-bedroom freehold home located in the popular area of Springfield, providing an excellent first-time purchase or buy to let investment. This home consists to the ground floor of an entrance ha...
Price history
2002 £75,000
  (+108.62%)
1995 £35,950
  (+30.73%)
1995 £27,500
£0£100k£200k£300k199520062017Jun 26Aug 26Asking £240,000
Sold pricesAsking price since listing
EPC data
Date of EPC: 28th June 2022 - Valid
EPC rating: C
Property age: 1983-1990
EPC energy efficiency rating: current 70, potential 90
Rent data
17 properties with the same number of bedrooms and style in the same area to let
The asking rent ranges from £550 to £1,200 which represents a yield of between 2.8% and 6% if buying at the asking price
A yield of 3.1% to 6.7% if purchased for 90% of the asking price (£216,000)
A yield of 3.4% to 7.5% if purchased for 80% of the asking price (£192,000)
Stamp duty
£
Main and only residence: £2,300.00
First-time buyer: £0.00
Buy-to-let: £14,300.00
Planning applications
Checking for planning applications…
Changes to property since tracking began
On 4th June 2026 the asking price was reduced from £260,000 to £240,000