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Parkway, Sawbridgeworth, CM21

East of England

£485,000
Listed on 24/04/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
796 sqft

Description

This three-bedroom home presents an excellent opportunity for renovation and investment in a sought-after area of town. Nestled within the desirable Vantort's estate, the property is conveniently located just a short walk from the town center. This prime location provides easy access to a variety of shops, public houses, and dining options, alongside reputable JMI and senior schools. Commuters will appreciate the mainline train station, which is only a 15-minute walk away and offers services to London Liverpool Street, Stansted Airport, and Cambridge. The layout includes a sitting room and an open-plan kitchen/dining area, along with three bedrooms and a bathroom. While the home is functional as-is, there is significant potential for modernization or extension (subject to planning permission), allowing new owners to tailor the space to their specific needs and preferences. Outside, the property boasts approximately 45 feet of landscaped garden ideal for entertaining or personal relaxation. Additional features include a single garage and a driveway providing off-street parking. With its combination of location advantages and renovation potential, this property is well-suited for both families seeking a long-term residence and investors aiming to add value through enhancements.

Investment Analysis

(CM21 area)

Above Market Value

This property is priced +36.6% above area average per sq ft

+36.6%
This Property
£609/sq ft
Area Average
£446/sq ft
Avg Rent (weekly)
£284
Avg Yield
3.1%

Renovation Potential

Est. Renovation Cost
£48,500 - £121,250
10-25% of property value
Target Value
£390,561
10% above area average per sq ft
Potential ROI
-35.6%
After renovation
Monthly Sales
8
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (CM21)

Area prices are stable by +0.5% over the last 12 months
3 year growth: -5.2%
5 year growth: 23.1%
Investment Disclaimer: Analysis based on CM21 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Parkway, Sawbridgeworth, CM21
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