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2 bed flat for sale

£183,500

Canvey Walk, Springfield, Chelmsford CM1

2
Interested in this property? Call +44 1245 378576 * or

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Property features

  • For buy to let Investors Only
  • Well Presented Apartment
  • Two Bedrooms
  • Entrance Hall
  • Spacious Lounge Diner
  • Refitted Kitchen & Bathroom
  • Sitting Tenants - 4.7% Rental Yield*

Property description

***sold within 24HRS --- similar properties required***

Springfield's Local Agent are delighted to offer for sale this spacious first floor apartment that has been priced to sell for buy to let investors only (with a sitting tenant).

This two bedroom apartment is well presented throughout and would offer an investor a rental yield approaching 5%, with current tenants in place who have been in tenancy for over three years.

The apartment consists of two bedrooms, entrance hall, a spacious lounge diner, and a refitted kitchen and bathroom ( both refitted in the last five years).

More details/photos to follow...

Call Hamilton Piers' Springfield office to book your viewing appointment on .

Property info

Market activity
Average price paid £358,759 Sales 846 Current average value £366,423 (Zoopla Zed-Index) Value change £10,334 ▲ 2.90%

Property value data/graphs for CM1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £567,755 £372 3.9 £570,653
Semi-detached £357,473 £354 3.1 £367,197
Terraced £308,725 £359 2.9 £310,156
Flats £214,538 £357 1.8 £217,240

Current asking prices in CM1

Average: £424,193
Avg. current asking prices in CM1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £281,416
(6)
£306,250
(12)
£388,785
(70)
£717,169
(41)
£764,374
(16)
Flats £183,238
(21)
£221,305
(47)
£365,000
(2)
- -
All £205,055
(27)
£238,582
(59)
£388,125
(72)
£717,169
(41)
£764,374
(16)

Current asking rents in CM1

Average: £931 pcm
Avg. current asking prices in CM1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £493 pcm
(12)
£1,016 pcm
(8)
£1,210 pcm
(18)
£1,749 pcm
(3)
-
Flats £564 pcm
(16)
£916 pcm
(17)
- - -
All £534 pcm
(28)
£948 pcm
(25)
£1,210 pcm
(18)
£1,749 pcm
(3)
-

Fun facts for CM1

Highest value in CM1
Highest value streets Zed-Index
Shardelow Avenue £1,114,370
Cooksmill Green, Chelmsford CM1 £1,067,731
High Easter, Chelmsford CM1 £1,060,868
Beaulieu Boulevard £1,024,620
Woodland Way £976,574
Highest turnover in CM1
Highest turnover streets Turnover
Clobbs Yard 110.0%
Chelmsford Road 82.4%
Meadow Walk 72.7%
Hobart Close 56.2%
Dogrose Close 50.0%

What Zoopla users think of Springfield

Overall rating:

  • currently 4.5 stars
Very good - 88% (57 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Springfield:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Chelmsford (1.5 miles)
  • Hatfield Peverel (4.6 miles)
  • Witham (7.2 miles)
  • London Stansted Airport (14.7 miles)
  • London Southend Airport (14.9 miles)
  • London City Airport (25.4 miles)
  • Wallasea Island Ferry Landing (15.5 miles)
  • Burnham on Crouch Ferry Landing (16.3 miles)
  • Tilbury Ferry Terminal (21.4 miles)

Nearby schools

View all schools in Chelmsford
  • The Bishops' Church of England and Roman Catholic Primary School (0.2 miles)
  • The Tyrrells School (0.3 miles)
  • Springfield Primary School (0.3 miles)
  • Chelmsford College (2.1 miles)
  • Prospects College of Advanced Technology (11.8 miles)
  • The Basildon Upper Academy (12.5 miles)
  • The Boswells School (0.3 miles)
  • Chelmsford Hospital School (0.5 miles)
  • New Hall School (1.2 miles)
Note: Distances are straight line measurements

Local info for Chelmsford

About the neighbours in CM1

AskMe Q&A for Chelmsford

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For more information about this property, please contact
Hamilton Piers, CM1 on +44 1245 378576 * (local rate)

Monthly running costs Beta

£895 Monthly total

Mortgage

Purchase price
Deposit (10%) 18,350
Repayment term 25
Interest rate 1.5
Your payment £660 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £350,000 Contents value up to £42,000 Average insurance cost £12/mo (£140/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £25 Electricity £34 Estimated energy cost £59/mo

Similar properties could save up to £166

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 8200 kWh/year
Electricity: 2600 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Chelmsford

Estimated tax band B Council tax cost £125 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £17 Sewerage £22 Estimated water cost £39 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Hamilton Piers about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hamilton Piers, and do not constitute property particulars. Please contact Hamilton Piers for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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