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Smiths Green, Takeley, Essex, CM22

East of England

£525,000

Listed on 28/03/2026

Property Details

Bedrooms
3
Type
Detached
Area
1485 sqft

Description

The Croft presents a compelling opportunity for renovation and investment, having been in the same family ownership since 1950. This former stock farm has experienced a decline in maintenance, making it a blank canvas for prospective buyers. Originally part of the Warish Hall Estate and built as a detached timber-framed cottage, it was remodeled in the 1970s when its external weatherboarding was replaced with pargetted render. The property was initially listed for preservation in 1978 but was de-listed in 2023, providing new owners with flexibility for improvements and potential extensions. Current accommodation spans two levels, comprising an entrance hall, sitting room, dining room, family room, kitchen, and a ground-floor shower room. The first floor includes three bedrooms along with a family bathroom and an additional dressing room that could serve as a fourth bedroom. While the property is set within the hamlet of Smiths Green and offers proximity to local amenities in Takeley and Bishop’s Stortford, its current condition may pose challenges for mortgage financing—a key consideration for those looking to invest in this unique home.

Investment Analysis

(CM22 area)

Below Market Value

This property is priced -13.2% below area average per sq ft

-13.2%
Potential saving
This Property
£354/sq ft
Area Average
£408/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£665,651
10% above area average per sq ft
Potential ROI
+8.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (CM22)

Area prices are stable by +1.2% over the last 12 months
3 year growth: -5.7%
5 year growth: +1.6%
Investment Disclaimer: Analysis based on CM22 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

Smiths Green, Takeley, Essex, CM22
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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
£1,873
Based on a loan of £393,750 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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