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Bruce Road, Writtle, CM1

East of England

£300,000
Listed on 10/09/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
377 sqft

Description

This two-bedroom semi-detached house presents an excellent opportunity for cash buyers seeking a project with significant renovation potential. Situated in a charming village, the property is surrounded by essential amenities, including a respected primary school, various dining options, and local shops such as a Post Office and butcher’s. The village green adds to the community atmosphere, featuring a duck pond and historic church that enhance the local charm. The layout of the house includes a welcoming lobby that leads into a living room with a traditional fireplace, providing a cozy focal point for future updates. The kitchen/diner offers ample space for reconfiguration or modernization, while the ground floor bathroom currently needs attention but holds promise for improvement. Upstairs, two bedrooms provide comfortable sleeping quarters, both of which can be enhanced to better suit contemporary lifestyles. Outside, the front and rear gardens are in need of revitalization and offer an opportunity to create an outdoor space tailored to your vision. Additionally, there is off-street parking available via the driveway. Importantly, this property comes with no onward chain, allowing for a streamlined acquisition process. With potential for extension subject to planning permission, this home represents an investment opportunity in both a serene location and an area that is conveniently close to Chelmsford City Centre and its mainline train services to London Liverpool Street.

Investment Analysis

(CM1 area)

Above Market Value

This property is priced +92.3% above area average per sq ft

+92.3%
This Property
£796/sq ft
Area Average
£414/sq ft
Avg Rent (weekly)
£340
Avg Yield
4.3%

Renovation Potential

Est. Renovation Cost
£30,000 - £75,000
10-25% of property value
Target Value
£171,603
10% above area average per sq ft
Potential ROI
-54.2%
After renovation
Monthly Sales
62
Average per month
Market Turnover
57%
Properties sold annually

Local Market Trend (CM1)

Area prices are rising by +10.2% over the last 12 months
3 year growth: 1.6%
5 year growth: 12.0%
Investment Disclaimer: Analysis based on CM1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Bruce Road, Writtle, CM1
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