Sold STC Maisonette

FLAT 4

28 - 30, THIRD AVENUE, CHELMSFORD, ESSEX CM1 4EY

1 beds 1 baths Listed 1 Apr 2025 (-442d)

£245,000

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# 1 bedroom maisonette for sale (CM1 4EY)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 4, 28 - 30, THIRD AVENUE, CHELMSFORD, ESSEX CM1 4EY |
| Price | £245,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | B |
| Last sold | £232,500 Nov 2025 |

## Description

Side entrance door leading to

**ENTRANCE HALL**

Tiled flooring, double glazed window to side, radiator, built in storage cupboards, doors to

**KITCHEN & LIVING AREA** 6.40m (21' 0") x 3.52m (11' 7")

**KITCHEN**

Inset sink unit and mixer tap, working surfaces with cupboards under, integrated washing machine and dishwasher, built in hob and oven with cooker hood above, cupboard housing wall mounted gas fired Worcester boiler, fridge freezer to remain, double glazed window to side, open to

**LIVING AREA**

Two radiators, double glazed double doors overlooking and leading to the communal garden at the rear, door to

**BEDROOM** 4.08m (13' 5") x 3.12m (10' 3")

Radiator, free-standing wardrobe cupboards and drawer units to remain, double glazed window to rear.

**BATHROOM**

White suite comprising panel enclosed bath with fitted shower with rain head and separate hose, glazed screen to side, low level w.c with concealed cistern, vanity wash hand basin with mixer tap, tiled flooring, towel warmer, mainly tiled walls, fitted mirror, double glazed window to side, inset spot lights, extractor fan.

**PARKING**

To the front, there is an area of sett laid parking where there is an allocated area for this maisonette.

**OUTSIDE**

There is a side access gate leading into a good size South facing communal garden area which is mostly laid to lawn and which as previously mentioned can be accessed from the living area of the maisonette itself, and there is a small patio area.

Please be aware that should you be successful in having an offer accepted through Adrians, we are legally required by the HMRC to conduct AML (Anti-Money Laundering) Checks for compliance efforts. For this there is a non-refundable charge of £20.00 including VAT per person which will be invoice receipted for your records.

## Property Photos

- ![Main Picture](/listings/photos/160117295/619972) - Main Picture
- ![Photo](/listings/photos/160117295/619974)
- ![Photo](/listings/photos/160117295/619977)
- ![ENTRANCE HALL](/listings/photos/160117295/619979) - ENTRANCE HALL
- ![KITCHEN & LIVING](/listings/photos/160117295/619980) - KITCHEN & LIVING
- ![KITCHEN](/listings/photos/160117295/619981) - KITCHEN
- ![LIVING AREA](/listings/photos/160117295/619984) - LIVING AREA
- ![FURTHER VIEW](/listings/photos/160117295/619986) - FURTHER VIEW
- ![BEDROOM](/listings/photos/160117295/619989) - BEDROOM
- ![FURTHER VIEW](/listings/photos/160117295/619990) - FURTHER VIEW
- ![BATHROOM](/listings/photos/160117295/619991) - BATHROOM
- ![OUTSIDE](/listings/photos/160117295/619993) - OUTSIDE

## Floorplans

- ![Floorplan 1](/listings/photos/160117295/619994) - Floorplan 1

## EPC Graphs

- ![EPC](/listings/photos/160117295/619996) - EPC

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 28 - 30 FLAT 4 THIRD AVENUE, CHELMSFORD, ESSEX, CM1 4EY | £232,500 | 10/11/2025 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 113 CHESTER PLACE, CHELMSFORD, ESSEX, CM1 4NQ | £175,000 | 19/12/2025 | Flat |
| [Same street] 26B THIRD AVENUE, CHELMSFORD, ESSEX, CM1 4EY | £125,000 | 23/08/2023 | Flat |
| 3 CHESTER PLACE, CHELMSFORD, ESSEX, CM1 4NQ | £175,000 | 30/03/2023 | Flat |
| 49 CHESTER PLACE, CHELMSFORD, ESSEX, CM1 4NQ | £186,700 | 06/12/2022 | Flat |
| WINCHESTER COURT, 173 FLAT 9 BROOMFIELD ROAD, CHELMSFORD, ESSEX, CM1 1RT | £240,000 | 29/11/2022 | Flat |
| 15 CHESTER PLACE, CHELMSFORD, ESSEX, CM1 4NQ | £190,000 | 21/10/2022 | Flat |
| [Same street] 26 THIRD AVENUE, CHELMSFORD, ESSEX, CM1 4EY | £300,000 | 17/10/2022 | Flat |
| [Same street] 26A THIRD AVENUE, CHELMSFORD, ESSEX, CM1 4EY | £285,000 | 14/10/2022 | Flat |
| [Same street] 28 - 30 FLAT 2 THIRD AVENUE, CHELMSFORD, ESSEX, CM1 4EY | £285,000 | 01/08/2022 | Flat |
| 9 CHESTER PLACE, CHELMSFORD, ESSEX, CM1 4NQ | £189,995 | 30/06/2022 | Flat |
| WINGROVE COURT 14 BROOMFIELD ROAD, CHELMSFORD, ESSEX, CM1 4ES | £110,000 | 29/04/2022 | Flat |
| WINGROVE COURT 7 BROOMFIELD ROAD, CHELMSFORD, ESSEX, CM1 4ES | £77,000 | 12/04/2022 | Flat |
| [Same street] 28 - 30 FLAT 3 THIRD AVENUE, CHELMSFORD, ESSEX, CM1 4EY | £246,500 | 25/03/2022 | Flat |
| WINGROVE COURT 28 BROOMFIELD ROAD, CHELMSFORD, ESSEX, CM1 4ES | £117,000 | 18/03/2022 | Flat |
| WINCHESTER COURT, 173 FLAT 1 BROOMFIELD ROAD, CHELMSFORD, ESSEX, CM1 1RT | £231,000 | 22/10/2021 | Flat |
| 49 FOURTH AVENUE, CHELMSFORD, ESSEX, CM1 4EZ | £280,000 | 28/06/2021 | Flat |
| WINGROVE COURT 19 BROOMFIELD ROAD, CHELMSFORD, ESSEX, CM1 4ES | £103,000 | 24/06/2021 | Flat |

**Street average:** £248,300 (5 sales)
**Area average:** £172,891 (12 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £234,932 (88 Flat, CM1, 2024–2026)
- **Deviation:** +4.3%

## Rental Range

*ONS Price Index of Private Rents (Chelmsford). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,298/mo
- **Realistic:** £1,442/mo
- **Optimistic:** £1,586/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Chelmsford (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £793/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Semi-Detached House, First Avenue, CM1 | £1,295/mo | 1 | 0.17 miles | OpenRent |
| Studio Flat, Rectory Lane, CM1 | £900/mo | 1 | 0.49 miles | OpenRent |
| 1 Bed Flat, Radio House, CM1 | £1,200/mo | 1 | 0.62 miles | OpenRent |
| 1 Bed Flat, Glebe Road, CM1 | £1,395/mo | 1 | 0.62 miles | OpenRent |
| 1 Bed Flat, Glebe Road, CM1 | £1,290/mo | 1 | 0.64 miles | OpenRent |
| 1 Bed Flat, Broomfield Road, CM1 | £1,225/mo | 1 | 0.66 miles | OpenRent |

**Average rent: £1,218/mo (6 listings)**

## 1% Rule

- **Rent ratio:** 0.51% (weak for cashflow)
- **Max investor price (0.8%):** £157,250
- **Target investor price (1%):** £125,800

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,258/mo).*

- **Gross yield:** 6.2%
- **Cost-to-rent:** 16.2×
- **Monthly cashflow:** £142/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 2.4%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -0.7%
- **10y growth:** -3.5%

## House Price Index (HM Land Registry)

*Official index for Chelmsford; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -3.3%
- **5y growth (index):** 1.2%
- **10y growth (index):** 15.7%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Main Picture Photo 2 Photo 3 ENTRANCE HALL KITCHEN & LIVING KITCHEN LIVING AREA FURTHER VIEW BEDROOM FURTHER VIEW BATHROOM OUTSIDE

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Property details

Tenure

LEASEHOLD

Council tax band

Last sold

£232,500 Nov 2025

Local average

£234,932 (+4.3%)

Deprivation

Decile 10 (32,146 of 33,755)

Street crime

449 incidents within 1 mile (Apr 2026)

Key features

VACANT POSSESSION WITH NO ONWARD CHAIN
SOUGHT AFTER LOCATION
CONVENIENT FOR BOTH THE KING EDWARD GRAMMAR & COUNTY HIGH SCHOOLS
WALKING DISTANCE OF THE CITY CENTRE & STATION
ALLOCATED PARKING SPACE
DIRECT ACCESS FROM THE LOUNGE TO THE COMMUNAL GARDENS
EQUIPPED KITCHEN
WELL PRESENTED THROUGHOUT
COULD WELL SUIT BOTH YOUNG & OLD ALIKE
HIGHLY RECOMMENDED!

Additional details

Parking: Yes
Garden: Yes

Description

Offered for sale with vacant possession and no onward chain is this GROUND FLOOR MAISONETTE situated in the highly favoured and sought after "Avenues" location on the Northern fringe of the City centre convenient for access back to the City itself and station. It has the benefit of DIRECT ACCESS to the communal gardens from the lounge and has an allocated parking space to the front. It is within walking distance of the University as well as both the King Edward Grammar and County High Schools. Internally it has gas fired heating by radiators and double glazed windows and an equipped kitchen and modern bathroom. It has a good specification and is well worth an internal viewing. In our opinion it could appeal to both young and old alike - highly recommended!

Side entrance door leading to

ENTRANCE HALL
Tiled flooring, double glazed window to side, radiator, built in storage cupboards, doors to

KITCHEN & LIVING AREA 6.40m (21' 0") x 3.52m (11' 7")
KITCHEN
Inset sink unit and mixer tap, working surfaces with cupboards under, integrated washing machine and dishwasher, built in hob and oven with cooker hood above, cupboard housing wall mounted gas fired Worcester boiler, fridge freezer to remain, double glazed window to side, open to

LIVING AREA
Two radiators, double glazed double doors overlooking and leading to the communal garden at the rear, door to

BEDROOM 4.08m (13' 5") x 3.12m (10' 3")
Radiator, free-standing wardrobe cupboards and drawer units to remain, double glazed window to rear.

BATHROOM
White suite comprising panel enclosed bath with fitted shower with rain head and separate hose, glazed screen to side, low level w.c with concealed cistern, vanity wash hand basin with mixer tap, tiled flooring, towel warmer, mainly tiled walls, fitted mirror, double glazed window to side, inset spot lights, extractor fan.

PARKING
To the front, there is an area of sett laid parking where there is an allocated area for this maisonette.

OUTSIDE
There is a side access gate leading into a good size South facing communal garden area which is mostly laid to lawn and which as previously mentioned can be accessed from the living area of the maisonette itself, and there is a small patio area.

Please be aware that should you be successful in having an offer accepted through Adrians, we are legally required by the HMRC to conduct AML (Anti-Money Laundering) Checks for compliance efforts. For this there is a non-refundable charge of £20.00 including VAT per person which will be invoice receipted for your records.

Listed by

Chelmsford

Adrians

Reference: 160117295

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

EPC Graphs

EPC

Price history

Event	Date	Price	% change
Sold	10/11/2025 (7 months ago)	£232,500	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
113 CHESTER PLACE, CHELMSFORD, ESSEX, CM1 4NQ	£175,000	19/12/2025	Flat
Same street 26B THIRD AVENUE, CHELMSFORD, ESSEX, CM1 4EY	£125,000	23/08/2023	Flat
3 CHESTER PLACE, CHELMSFORD, ESSEX, CM1 4NQ	£175,000	30/03/2023	Flat
49 CHESTER PLACE, CHELMSFORD, ESSEX, CM1 4NQ	£186,700	06/12/2022	Flat
WINCHESTER COURT, 173 FLAT 9 BROOMFIELD ROAD, CHELMSFORD, ESSEX, CM1 1RT	£240,000	29/11/2022	Flat
15 CHESTER PLACE, CHELMSFORD, ESSEX, CM1 4NQ	£190,000	21/10/2022	Flat
Same street 26 THIRD AVENUE, CHELMSFORD, ESSEX, CM1 4EY	£300,000	17/10/2022	Flat
Same street 26A THIRD AVENUE, CHELMSFORD, ESSEX, CM1 4EY	£285,000	14/10/2022	Flat
Same street 28 - 30 FLAT 2 THIRD AVENUE, CHELMSFORD, ESSEX, CM1 4EY	£285,000	01/08/2022	Flat
9 CHESTER PLACE, CHELMSFORD, ESSEX, CM1 4NQ	£189,995	30/06/2022	Flat
WINGROVE COURT 14 BROOMFIELD ROAD, CHELMSFORD, ESSEX, CM1 4ES	£110,000	29/04/2022	Flat
WINGROVE COURT 7 BROOMFIELD ROAD, CHELMSFORD, ESSEX, CM1 4ES	£77,000	12/04/2022	Flat
Same street 28 - 30 FLAT 3 THIRD AVENUE, CHELMSFORD, ESSEX, CM1 4EY	£246,500	25/03/2022	Flat
WINGROVE COURT 28 BROOMFIELD ROAD, CHELMSFORD, ESSEX, CM1 4ES	£117,000	18/03/2022	Flat
WINCHESTER COURT, 173 FLAT 1 BROOMFIELD ROAD, CHELMSFORD, ESSEX, CM1 1RT	£231,000	22/10/2021	Flat
49 FOURTH AVENUE, CHELMSFORD, ESSEX, CM1 4EZ	£280,000	28/06/2021	Flat
WINGROVE COURT 19 BROOMFIELD ROAD, CHELMSFORD, ESSEX, CM1 4ES	£103,000	24/06/2021	Flat

Street average: £248,300 (5 sales)

Area average: £172,891 (12 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -0.7%

10y growth -3.5%

House Price Index (HM Land Registry — official index, not sold-price averages): Chelmsford. Series: Flats and maisonettes. As of March 2026.

1y (index) -3.3%

5y (index) 1.2%

10y (index) 15.7%

Rental Range

Estimated market rent for Chelmsford. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,298/mo

Realistic £1,442/mo

Optimistic £1,586/mo

Based on Local Authority from postcode lookup → Chelmsford.

LHA (30th percentile) floor for Chelmsford: £793/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View CM1 4EY

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	The Drive	0.2 miles
Bus stop	Kings Road	0.2 miles
Shop	Beacon Convenience Store	0.4 miles
Shop	John's Dry Cleaners	0.4 miles
Train station	Chelmsford	0.8 miles
Hospital	Chelmsford and Essex (C&E) Centre	1.2 miles
University	Writtle School of Design	2.0 miles
Train station	Beaulieu Park	2.2 miles
Hospital	Phoenix Hospital	3.2 miles

Street-level crime

Category	Count
Violence and sexual offences	163
Shoplifting	69
Drugs	48
Anti-social behaviour	47
Criminal damage and arson	30
Public order	28
Other theft	22
Other crime	11
Vehicle crime	8
Burglary	6
Possession of weapons	6
Robbery	6
Bicycle theft	4
Theft from the person	1
Total incidents	449

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Chelmsford County High School for Girls	Secondary	0.3 miles	Outstanding — 15 Feb 2024
St Pius X Catholic Primary School	Primary	0.4 miles	Good — 22 Nov 2016
St John Payne Catholic School, Chelmsford	Secondary	0.4 miles	Good — 4 Feb 2016
Anglia Ruskin University	Other	0.5 miles	— (No rating)
Kings Road Primary School	Primary	0.5 miles	Good — 24 Feb 2020

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
1 Bed Semi-Detached House, First Avenue, CM1	£1,295/mo	1	0.17 miles	OpenRent
Studio Flat, Rectory Lane, CM1	£900/mo	1	0.49 miles	OpenRent
1 Bed Flat, Radio House, CM1	£1,200/mo	1	0.62 miles	OpenRent
1 Bed Flat, Glebe Road, CM1	£1,395/mo	1	0.62 miles	OpenRent
1 Bed Flat, Glebe Road, CM1	£1,290/mo	1	0.64 miles	OpenRent
1 Bed Flat, Broomfield Road, CM1	£1,225/mo	1	0.66 miles	OpenRent

Average rent: £1,218/mo (6 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.51%

Max investor price (0.8%) £157,250

Target investor price (1%) £125,800

Gross yield 6.2%

Cost-to-rent ratio 16.2×

Monthly cashflow £142/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 2.4%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).