# 2 bedroom apartment for sale (CM2 9EL) ## Property Details | Key | Value | |-----|-------| | Address | 33 WALTHAM GLEN, CHELMSFORD, ESSEX CM2 9EL | | Price | £290,000 | | Bedrooms | 2 | | Bathrooms | 2 | | Council tax | C | | Floor area | 75 m² | | Last sold | £292,500 Feb 2022 | ## EPC Rating & Upgrade Cost - **Current rating:** B - **Potential rating:** B - **Expiry date:** 21/11/2029 - **Current heating cost:** £197/year [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8797-7826-5739-4227-5913) ## Description **SUMMARY** ***GUIDE PRICE £290,000 - £300,000*** This immaculate two bedroom top floor flat in the heart of Moulsham Lodge is not one to be missed. The property benefits from an en-suite to the master bedroom, allocated parking and a balcony. The property also offers fantastic living space. **DESCRIPTION** One of Chelmsford's most popular suburbs, Moulsham is split into two areas - Old Moulsham and Moulsham Lodge. Popular with families due to its large stock of houses and good schools, the area sits to the south of Chelmsford city centre. All of which makes it ideal for those who want easy access to city amenities and transport links for work, but a quieter life away from Chelmsford's bustling centre. A Tesco superstore is located just off the Miami roundabout and Princes Road, while a Co-Op store is close to Moulsham Lodge surgery. A variety of other independent shops can be found at the northern end of Moulsham Street north of Princes Road. Moulsham Junior School is the main primary age school in the area and is rated 'Good' by Ofsted. Moulsham High School, for children aged 11-18, is also rated 'Good', while Chelmsford College is north of Princes Road and was rated 'Good' at its most recent inspection in 2017 **Entrance Hall**  **Kitchen/Lounge**  **Bedroom One**  **En-Suite**  **Bedroom Two**  **Bathroom**  We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs. 1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. 2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. 3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase. 5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY. ## Property Photos - ![Photo](/listings/photos/171360140/1117160) - ![Photo](/listings/photos/171360140/1117161) - ![Photo](/listings/photos/171360140/1117162) - ![Photo](/listings/photos/171360140/1117164) - ![Photo](/listings/photos/171360140/1117165) - ![Photo](/listings/photos/171360140/1117166) - ![Photo](/listings/photos/171360140/1117167) - ![Photo](/listings/photos/171360140/1117168) - ![Photo](/listings/photos/171360140/1117169) - ![Photo](/listings/photos/171360140/1117170) - ![Photo](/listings/photos/171360140/1117172) - ![Photo](/listings/photos/171360140/1117173) - ![Photo](/listings/photos/171360140/1117174) - ![Photo](/listings/photos/171360140/1117175) - ![Photo](/listings/photos/171360140/1117176) - ![Photo](/listings/photos/171360140/1117177) - ![Photo](/listings/photos/171360140/1117178) ## Floorplans - ![Floorplan 1](/listings/photos/171360140/1117179) - Floorplan 1 ## EPC Graphs - ![EPC](/listings/photos/171360140/1117181) - EPC ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 33 WALTHAM GLEN, CHELMSFORD, ESSEX, CM2 9EL | £292,500 | 11/02/2022 | 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 | |---------|-------|------|------| | [Same street] 4 WALTHAM GLEN, CHELMSFORD, ESSEX, CM2 9EL | £367,500 | 15/11/2024 | Terraced | | [Same street] 16 WALTHAM GLEN, CHELMSFORD, ESSEX, CM2 9EL | £375,000 | 19/06/2024 | Terraced | | [Same street] 7 WALTHAM GLEN, CHELMSFORD, ESSEX, CM2 9EL | £400,000 | 23/11/2023 | Terraced | | 54 BURGHLEY WAY, CHELMSFORD, ESSEX, CM2 9LQ | £220,000 | 10/11/2023 | Flat | | 22 BURGHLEY WAY, CHELMSFORD, ESSEX, CM2 9LQ | £235,000 | 08/11/2023 | Flat | | 9 AMCOTES PLACE, CHELMSFORD, ESSEX, CM2 9HZ | £220,000 | 05/05/2023 | Flat | | 27 AMCOTES PLACE, CHELMSFORD, ESSEX, CM2 9HZ | £250,000 | 30/09/2022 | Flat | | [Same street] 18 WALTHAM GLEN, CHELMSFORD, ESSEX, CM2 9EL | £355,000 | 15/09/2022 | Terraced | | 14 WATERSON VALE, CHELMSFORD, ESSEX, CM2 9PB | £224,000 | 22/07/2022 | Flat | | [Same street] 31 WALTHAM GLEN, CHELMSFORD, ESSEX, CM2 9EL | £325,000 | 22/06/2022 | Flat | | 28 WATERSON VALE, CHELMSFORD, ESSEX, CM2 9PB | £230,000 | 17/06/2022 | Flat | | [Same street] 43 WALTHAM GLEN, CHELMSFORD, ESSEX, CM2 9EL | £325,000 | 10/06/2022 | Flat | | [Same street] 39 WALTHAM GLEN, CHELMSFORD, ESSEX, CM2 9EL | £307,000 | 24/03/2022 | Flat | | 15 AMCOTES PLACE, CHELMSFORD, ESSEX, CM2 9HZ | £240,000 | 16/02/2022 | Flat | | [Same street] 17 WALTHAM GLEN, CHELMSFORD, ESSEX, CM2 9EL | £297,500 | 23/12/2021 | Flat | | [Same street] 19 WALTHAM GLEN, CHELMSFORD, ESSEX, CM2 9EL | £290,000 | 01/11/2021 | Flat | | [Same street] 23 WALTHAM GLEN, CHELMSFORD, ESSEX, CM2 9EL | £315,000 | 06/10/2021 | Flat | | [Same street] 14 WALTHAM GLEN, CHELMSFORD, ESSEX, CM2 9EL | £315,000 | 30/09/2021 | Semi-detached | | 56 BURGHLEY WAY, CHELMSFORD, ESSEX, CM2 9LQ | £227,500 | 30/09/2021 | Flat | | [Same street] 41 WALTHAM GLEN, CHELMSFORD, ESSEX, CM2 9EL | £355,000 | 15/09/2021 | Flat | **Street average:** £335,583 (12 sales) **Area average:** £230,813 (8 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £223,779 (52 Flat, CM2, 2024–2026) - **Deviation:** +29.6% ## Rental Range *ONS Price Index of Private Rents (Chelmsford). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,301/mo - **Realistic:** £1,445/mo - **Optimistic:** £1,590/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Chelmsford (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £947/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 | |------|------|------|------|------| | 2 Bed Flat, Burwood Court, CM2 | £1,600/mo | 2 | 0.45 miles | OpenRent | | 2 Bed Flat, Parkway, CM2 | £3,275/mo | 2 | 0.71 miles | OpenRent | **Average rent: £2,438/mo (2 listings)** ## 1% Rule - **Rent ratio:** 0.84% (okay) - **Max investor price (0.8%):** £304,750 - **Target investor price (1%):** £243,800 *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 £2,438/mo).* - **Gross yield:** 10.1% - **Cost-to-rent:** 9.9× - **Monthly cashflow:** £1,027/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 14.7% *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).* ## Price per Square Metre - **£/m²:** £3,867/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -1.8% - **10y growth:** 6.2% ## House Price Index (HM Land Registry) *Official index for Chelmsford; Flats and maisonettes series; as of April 2026.* - **1y growth (index):** -2.6% - **5y growth (index):** 4.1% - **10y growth (index):** 16.7% ## 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)