Arthy Close, Hatfield Peverel, Chelmsford
East of England
£290,000
Listed on 21/10/2026
Listed on 21/10/2026
The listing
Property details
Bedrooms
2Type
HouseArea
796 sqftFeatures
- Garage
- Garden
- Parking
Description
This two-bedroom home is offered with no onward chain and is described as requiring modernisation. The ground floor has an entrance hall, a kitchen with adjoining lean-to utility space, and a long lounge with access to the rear garden. Upstairs are two bedrooms, both with fitted storage, together with a separate WC and shower room.
Outside, the rear garden is mainly paved and connects to a single garage, whose roof the listing says was replaced within the last two years. Driveway parking for two vehicles is also stated, with an established front garden. The property is within walking distance of Hatfield Peverel village amenities and railway station, with services towards London Liverpool Street, Chelmsford and Colchester. The existing accommodation and stated modernisation requirement provide scope to update the interiors to suit a purchaser, subject to inspection.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
62out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £290,000, this is priced 11% below the local average per square foot, making it an attractive acquisition point for a buyer seeking a manageable project. The clean, usable interior offers scope for a light cosmetic refresh—updating the dated finishes and flooring, with optional planting to soften the mainly paved garden. The long lounge opening onto the garden, fitted storage, garage and driveway parking add practical appeal, while the village setting is within walking distance of the station and amenities.
The numbers support a potential opportunity rather than a guaranteed resale margin: the purchase price plus the £8,500 renovation midpoint is £298,500, compared with an implied current local-average value of £325,843. That comparison is not a renovated GDV and excludes stamp duty and fees.
Key opportunities
- Refresh the dated wallpaper, decorative borders and flooring to modernise the usable interior.
- Make the long lounge work as a living-and-dining space, with direct access to the rear garden.
- Build on the garage, driveway parking and station-side village location as practical selling points.
Key risks
None recorded.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,096
Based on a loan of £217,500 over 30 years at 4.45% interest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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