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£150,000

Offers over

1 bed flat for sale Bounderby Grove, Chelmsford

1 bed 1 bath Flat

Leasehold

Added yesterday

About this property

* Guide Price: £150,000 – £155,000 * No Onward Chain * Approximately 995-Year Lease * Parking * ⁠Gardens * ⁠Cheap service charge/ ground rent * Refurbished Bathroom * New Windows * New Kitchen Flooring * Spacious Loft Providing Excellent Additional Storage or conversion * Excellent Transport Links Property Description Offered for sale with no onward chain, this beautifully presented one-bedroom apartment is situated in the highly desirable Newlands Spring area of Chelmsford. The property benefits from an approximately 995-year lease, affordable service charge and spacious accommodation throughout. Recent improvements include a refurbished bathroom, newly redone kitchen flooring, recently replaced window panes and a modern fitted kitchen with induction hob.

Key features

No Onward Chain
Long Lease
Allocated Parking
One Bedroom Apartment
Communal Garden
Close To Local Shops & Amenities
Ideal First Time Purchase or BTL Investment
Council Tax Band B

Floorplan

Price guide

This home

£381 / sq ft

Area average (sold)

£425 / sq ft

Price per area, sold homes nearby

£324 / sq ft

£381 / sq ft

£535 / sq ft

Lowest

This home

Highest

£381 per sq ft, below the middle of recent sales in CM1 (£324–£535, 10th–90th percentile, 1,785 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 1,785 homes sold in CM1 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in CM1 →

Location

Bounderby Grove, Chelmsford, CM1 4XN

Open map Street View

Council tax: Band B (Approx £1,789/year)

Mortgage and stamp duty

Property price £150,000

£75k £225k

Deposit10% £15,000

£0 £150k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £135,000 mortgage. Most lenders would want a household income of about £30,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in CM1 4XN. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
29, Bounderby Grove Flat / maisonette	Flat / maisonette	Apr 2025	377 sq ft £407/sq ft	377 sq ft	£407	£153,500
39, Bounderby Grove Terraced	Terraced	Apr 2024	592 sq ft £532/sq ft	592 sq ft	£532	£315,000
67, Bounderby Grove Flat / maisonette	Flat / maisonette	Nov 2020	452 sq ft £398/sq ft	452 sq ft	£398	£180,000
53, Bounderby Grove Terraced	Terraced	Mar 2020	807 sq ft £409/sq ft	807 sq ft	£409	£330,000
37, Bounderby Grove Terraced	Terraced	Jun 2019	—	—	—	£280,000
25, Bounderby Grove Flat / maisonette	Flat / maisonette	Mar 2018	409 sq ft £386/sq ft	409 sq ft	£386	£158,000
27, Bounderby Grove Flat / maisonette	Flat / maisonette	Jan 2018	549 sq ft £314/sq ft	549 sq ft	£314	£172,500
29, Bounderby Grove Flat / maisonette	Flat / maisonette	Dec 2017	377 sq ft £414/sq ft	377 sq ft	£414	£156,000