Sold STC Flat

FLAT 20

WISTERIA LODGE, LUPIN DRIVE, CHELMSFORD, ESSEX CM1 6FT

1 beds 1 baths 366 sq ft Listed 29 Apr 2026 (-96d)

£160,000

Guide Price

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Property details

Tenure

LEASEHOLD

Floor area

34 m²

Council tax band

B

EPC rating

C

Year built

England and Wales: 2003-2006

Last sold

£169,995 Oct 2022

Price per m²

£4,706/m²

Local average

£234,780 (-31.9%)

Deprivation

Decile 7 (23,548 of 33,755)

Street crime

136 incidents within 1 mile (May 2026)

Key features

  • OFFERED WITH NO ONWARD CHAIN
  • 144 YEAR REMAINING LEASE
  • LOW SERVICE CHARGES
  • PEPPERCORN GROUND RENT
  • RESIDENTS PARKING
  • SEPARATE KITCHEN
  • 10 MINUTES TO CITY CENTRE
  • 10 MINUTES TO BEAULIEU PARK STATION
  • GROUND FLOOR APARTMENT
  • EASY ACCESS TO LOCAL AMENITIES

Additional details

Parking
Yes

Description

GUIDE PRICE £160,000 TO £170,000

OFFERED WITH NO ONWARD CHAIN

A wonderful opportunity for someone looking to get on the property ladder or seeking a buy-to-let apartment.

Located in the ever-popular Springfield area of North Chelmsford residents living here benefit from easy access to local amenities, Chelmsford City Centre and Beaulieu Park Train Station.

Remaining Lease 144 Years
Annual Service Charge £1,400 per annum
Peppercorn Ground Rent

With its long lease and low service charges, this property offers wonderful value for money!

Accommodation Overview

This well-presented, SECURE, ground floor apartment comprises of entrance hallway, living room, separate kitchen, ample sized bathroom and spacious double bedroom.

This charming property has a penchant for natural light, demonstrated perfectly in the living room that features a large picture window overlooking the expansive communal gardens.

The kitchen also looks over the communal gardens and offers an array of eye and base level cupboards. There are two good size storage cupboards at the rear of the kitchen and there is recess space and plumbing for a washing machine. Both opposing kitchen walls features attractive splash back tiling.

The bathroom is generously proportioned and features attractive tiling, bath with shower screen, WC, and wash basin.

The ample sized double bedroom completes the downstairs accommodation and features picture window and fitted wardrobes.

OUTSIDE
The apartment block is surrounded by attractive communal gardens and there is a car park for residents.

TRANSPORT INFORMATION
Chelmsford City Centre 10-minute drive, Beaulieu Park Station 10-minute drive, Stansted Airport 25-minute drive.

SERVICES: Mains water, Mains electricity, Main drainage, Gas central heating.

COUNCIL TAX:
Chelmsford County Council
Band B
£1566.78 per annum

AGENTS NOTES
Currently, there is no energy performance certificate for this property, but one will be available shortly.

DISCLAIMER
Disclaimer: Council Tax is given as a guide only and should be checked and confirmed before exchange of contracts.
We endeavour to make our sales particulars accurate and reliable; however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. All verification of property details should be made by your legal representative for the purchase of the property to ensure that all information including but not limited to; Tenure, lease information, parking facilities, planning permission, and building regulations is accurate and correct.

The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as guide to prospective buyers only and are not precise.

Floorplans where included may not be to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.

BEAULIEU SECURE PURCHASE:

Once your offer is accepted, you can secure the property by paying a Commitment Fee of £500 (five hundred pounds) This gives you exclusive status on the purchase and protects you from gazumping, offering peace of mind during the early stages of the transaction.

When the sale completes, the fee is fully refunded. If the buyer withdraws, the fee may not be refundable in certain circumstances. Call or email us for more information.

SELLERS: The directors of Beaulieu Estate Agents have been taking commitment fees from buyers for two decades; they were one of the first estate agents in Essex to introduce this.

The national average of sales that DO NOT go through is between 25-30%. Currently between January 2025 and October 2025 our fall out rate was only 5.5%. You are five times more likely to move with us than the average agent!

Listed by

Chelmsford

Beaulieu Estates Limited

Reference: 87850104

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 22/05/2026

Expiry date: 21/05/2036

Current heating cost: £347/year

Potential heating cost: £347/year

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EPC 1

EPC 1

Price history

68% since 2013

Event Date Price % change
Listed for sale £160,000 -5.9%
Sold 20/10/2022 (3 years ago) £169,995 +23.6%
Sold 27/08/2020 (5 years ago) £137,500 +36.1%
Sold 29/11/2013 (12 years ago) £101,000

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
25 LUPIN DRIVE, CHELMSFORD, ESSEX, CM1 6YJ £166,000 04/11/2025 Flat
25 AZALEA COURT, CHELMSFORD, ESSEX, CM1 6YL £180,000 14/07/2025 Flat
23 LUPIN DRIVE, CHELMSFORD, ESSEX, CM1 6YJ £117,000 24/11/2023 Flat
15 LUPIN DRIVE, CHELMSFORD, ESSEX, CM1 6YJ £180,000 21/11/2023 Flat
12 LUPIN DRIVE, CHELMSFORD, ESSEX, CM1 6FH £168,000 16/11/2023 Flat
Same street WISTERIA LODGE FLAT 15 LUPIN DRIVE, CHELMSFORD, ESSEX, CM1 6FT £145,000 11/08/2023 Flat
32 AZALEA COURT, CHELMSFORD, ESSEX, CM1 6YL £190,000 04/08/2023 Flat
49 CANVEY WALK, CHELMSFORD, ESSEX, CM1 6LB £210,000 22/12/2022 Flat
9 LUPIN DRIVE, CHELMSFORD, ESSEX, CM1 6YJ £168,000 09/12/2022 Flat
20 LUPIN DRIVE, CHELMSFORD, ESSEX, CM1 6FH £190,000 30/11/2022 Flat
28 CANVEY WALK, CHELMSFORD, ESSEX, CM1 6LB £205,000 08/09/2022 Flat
55 CANVEY WALK, CHELMSFORD, ESSEX, CM1 6LB £210,000 19/08/2022 Flat
28 THE RAY, CHELMSFORD, ESSEX, CM1 6JU £225,000 23/06/2022 Flat
59 CANVEY WALK, CHELMSFORD, ESSEX, CM1 6LB £235,000 22/06/2022 Flat
23 AZALEA COURT, CHELMSFORD, ESSEX, CM1 6YL £195,000 14/06/2022 Flat
28 AZALEA COURT, CHELMSFORD, ESSEX, CM1 6YL £182,000 13/05/2022 Flat
11 AZALEA COURT, CHELMSFORD, ESSEX, CM1 6YL £170,000 11/05/2022 Flat
1 LUPIN DRIVE, CHELMSFORD, ESSEX, CM1 6YJ £160,000 26/04/2022 Flat
WOODROSE LODGE FLAT 2 LUPIN DRIVE, CHELMSFORD, ESSEX, CM1 6FS £165,000 14/04/2022 Flat
33 CANVEY WALK, CHELMSFORD, ESSEX, CM1 6LB £189,500 30/03/2022 Flat
128 LUPIN DRIVE, CHELMSFORD, ESSEX, CM1 6FJ £140,000 29/03/2022 Flat
Same street WISTERIA LODGE FLAT 4 LUPIN DRIVE, CHELMSFORD, ESSEX, CM1 6FT £178,000 27/01/2022 Flat

Street average: £161,500 (2 sales)

Area average: £182,275 (20 sales)

Capital growth trend

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

5y growth -5.4%
10y growth 6.3%

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

1y (index) -2.6%
5y (index) 4.1%
10y (index) 16.7%

Rental Range

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

Low £1,302/mo
Realistic £1,447/mo
Optimistic £1,592/mo

Based on Local Authority from postcode lookup → Chelmsford.

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

Location

Address

Lupin Drive

Nearby

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

Type Name Distance
Bus stop Osea Way 0.1 miles
Shop Monster Inflatables 0.2 miles
Shop Timpson 0.7 miles
Train station Beaulieu Park 1.1 miles
University Anglia Ruskin University, Chelmsford Campus 1.2 miles
Train station Chelmsford 1.5 miles
Hospital Chelmsford and Essex (C&E) Centre 1.7 miles
Hospital Phoenix Hospital 2.9 miles
University Writtle School of Design 3.1 miles

Street-level crime

Category Count
Violence and sexual offences 62
Shoplifting 14
Anti-social behaviour 9
Vehicle crime 9
Drugs 7
Other theft 7
Criminal damage and arson 6
Other crime 6
Public order 5
Burglary 4
Theft from the person 3
Possession of weapons 2
Robbery 2
Total incidents 136

Within 1 mile during May 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
The Bishops' Church of England and Roman Catholic Primary School Primary 0.2 miles Good — 12 Nov 2012
The Tyrrells School Primary 0.3 miles Good — 13 Nov 2019
The Boswells School Secondary 0.4 miles Good — 17 May 2013
Springfield Primary School Primary 0.4 miles Good — 8 Dec 2021
Perryfields Junior School Primary 0.5 miles Outstanding — 19 Mar 2024

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 Terraced House, Vermeer Ride, CM1 £1,200/mo 1 0.42 miles OpenRent
1 Bed Terraced House, Vermeer Ride, CM1 £1,200/mo 1 0.42 miles OpenRent
Studio Flat, Downsway, CM1 £830/mo 1 0.56 miles OpenRent
1 Bed Semi-Detached House, Cook Place, CM2 £1,200/mo 1 0.66 miles OpenRent
1 Bed Semi-Detached House, Cook Place, CM2 £1,200/mo 1 0.66 miles OpenRent

Average rent: £1,126/mo (5 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.75%
Max investor price (0.8%) £150,000
Target investor price (1%) £120,000
Gross yield 9%
Cost-to-rent ratio 11.1×
Monthly cashflow £425/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 11%
  • 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).