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Meadow Lane, Runwell, Wickford, Essex, SS11

East of England

£600,000
Listed on 28/12/2025

Property Details

Bedrooms
3
Type
Bungalow
Area
843 sqft

Description

This three-bedroom detached bungalow is set in a semi-rural location on an impressive plot of approximately 0.7 acres, presenting an excellent opportunity for renovation and development. The property includes a static home that has been granted a license for residential use, adding further potential to the site. With expansive grounds suitable for equestrian usage and the possibility of additional development pending planning consent, this property is ripe for investment. Inside, the accommodation features a spacious layout with a rear hallway leading into an inner hallway connecting to generous bedrooms and living spaces. There are opportunities to modernize the kitchen and bathroom facilities, while the ample outdoor space offers room for landscaping or expansion. Located in the East of England, this bungalow combines both potential and convenience in one attractive package.

Investment Analysis

(SS11 area)

Above Market Value

This property is priced +74.5% above area average per sq ft

+74.5%
This Property
£712/sq ft
Area Average
£408/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£378,246
10% above area average per sq ft
Potential ROI
-42.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (SS11)

Area prices are rising by +2.7% over the last 12 months
3 year growth: -3.7%
5 year growth: +5.1%
Investment Disclaimer: Analysis based on SS11 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

Meadow Lane, Runwell, Wickford, Essex, SS11
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,125
Based on a loan of £450,000 over 30 years at 3.91% 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

Price History

-7.7% since listed
£600,000£50,000(-7.7%)
10/02/2025
Current price
£650,000Initial listing
31/07/2024

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