Summary - 25-29 Springfield Road, Chelmsford, CM2 6JE CM2 6JE
1 bed 1 bath Office
Freehold mixed-use block with conversion potential and rear parking.
Prime pedestrian-end town centre location between High Street and Bond Street roundabout
This four-storey mid-terrace freehold occupies a prime pedestrian end position on Springfield Road, between the High Street and Bond Street roundabout. The ground floor is a trading tearoom; three self-contained offices occupy the upper floors and are currently on short-term tenancies. A small rear car park provides off-street parking.
For investors or developers the key attraction is permitted development potential: the upper offices could be converted into six two-bedroom flats, and there is scope to add further floors subject to planning approval. The property generates a potential income of £96,983.37 per annum and vacant possession of the upper floors will be available in March 2026, creating flexibility for repositioning or re-letting.
Buyers should factor in building age and condition—1960s construction with standard ceiling heights—and likely refurbishment work to convert offices into residential units. The site sits in a busy town-centre location with excellent broadband and mobile signal, many local amenities, but a very high local crime level that will affect lettings, insurance and management costs.
Offers in the region of £950,000 are sought for the freehold. This is a clear development-led opportunity for a buyer able to manage short-term tenancy risk, deliver conversion works, and navigate local planning for expansion.
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