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Mores Lane, Pilgrims Hatch, Brentwood

East of England

£1,500,000
Listed on 30/05/2024

Property Details

Bedrooms
4
Type
Detached Bungalow
Area
1867 sqft

Description

This distinctive country estate spans approximately six and a half acres, featuring a mix of lush woodland and a tranquil natural lake. The residence offers substantial living space at over 2,973 sq ft, ideal for families or multi-generational living. The property includes four bedrooms, two with en-suites, and a spacious kitchen that provides stunning countryside views. Additional spaces such as a family lounge with a charming stone fireplace, a conservatory, dining room, and study create both communal and private areas for relaxation. The grounds are accessed via secure electric gates leading to an expansive gravel driveway and double garage. Several outbuildings present unique opportunities for diverse uses, whether for leisure or potential rental income. Notably, an indoor heated swimming pool with changing facilities adds to the property's appeal. While the home is already inviting, there exists considerable potential for renovation or expansion within planning guidelines. This represents not just a residential opportunity but also an investment prospect in a peaceful setting that should be explored further to appreciate its full value.

Investment Analysis

(CM14 area)

Above Market Value

This property is priced +61.7% above area average per sq ft

+61.7%
This Property
£803/sq ft
Area Average
£497/sq ft
Avg Rent (weekly)
£355
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,020,381
10% above area average per sq ft
Potential ROI
-35.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (CM14)

Area prices are rising by +5.9% over the last 12 months
3 year growth: +9.1%
5 year growth: -2.5%
Investment Disclaimer: Analysis based on CM14 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Mores Lane, Pilgrims Hatch, Brentwood
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£5,351
Based on a loan of £1,125,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

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