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Bannister Green, Felsted, Dunmow

East of England

£450,000
Listed on 29/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1463 sqft

Description

This 4/5 bedroom detached chalet bungalow presents a significant opportunity for renovation and modernization, set on a generous plot of approximately one-third of an acre (subject to survey). The property features a spacious internal layout, including a large 21-foot lounge/diner, a versatile study or fifth bedroom, and a sun room that opens onto an extensive rear garden. With its detached garage and driveway accommodating up to five vehicles, this home offers both convenience and the potential for redevelopment. While currently functional, the interiors would benefit from updates to realize their full potential, especially considering its semi-rural location which balances accessibility with tranquility. Given the absence of onward chain, it is ideally positioned for swift improvement and investment. Internal viewings are strongly encouraged to fully appreciate what this property has to offer.

Investment Analysis

(CM6 area)

Below Market Value

This property is priced -22.6% below area average per sq ft

-22.6%
Potential saving
This Property
£308/sq ft
Area Average
£397/sq ft
Avg Rent (weekly)
£455
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£639,536
10% above area average per sq ft
Potential ROI
+25.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (CM6)

Area prices are stable by +0.5% over the last 12 months
3 year growth: -6.0%
5 year growth: 11.3%
Investment Disclaimer: Analysis based on CM6 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

Bannister Green, Felsted, Dunmow
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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
£1,648
Based on a loan of £337,500 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