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The High Street, Witcham

East of England

£380,000
Listed on 20/06/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1173 sqft

Description

Set within a picturesque village, this detached cottage offers a promising opportunity for renovation and customization. Featuring four bedrooms, the property has undergone essential updates, including a newly installed heating system and complete rewiring, providing a reliable starting point for further enhancements. The layout presents ample potential for reimagining the interior spaces to suit modern living needs. With appropriate planning approvals, there may also be possibilities for expanding the existing structure. The surrounding area enhances the appeal of this property, offering a tranquil rural lifestyle while still being conveniently close to local amenities. This cottage represents not just a home but an investment opportunity—ideal for those looking to make strategic updates or create a personalized retreat in a serene setting. Whether you envision it as your future residence or as an income-generating property, the potential is significant.

Investment Analysis

(CB6 area)

Above Market Value

This property is priced +2.3% above area average per sq ft

+2.3%
This Property
£324/sq ft
Area Average
£317/sq ft
Avg Rent (weekly)
£293
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£408,638
10% above area average per sq ft
Potential ROI
-5.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (CB6)

Area prices are stable by +1.0% over the last 12 months
3 year growth: 5.2%
5 year growth: 14.7%
Investment Disclaimer: Analysis based on CB6 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

The High Street, Witcham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,392
Based on a loan of £285,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE