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Bannister Green, Felsted, Dunmow, Essex

East of England

£400,000
Listed on 11/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1316 sqft

Description

This two/three-bedroom detached bungalow presents an excellent opportunity for renovation and investment, situated on a quiet road in the sought-after village of Felsted. The property features a welcoming entrance hall that leads into versatile living spaces, including a spacious lounge and dining area with French doors opening to the rear garden. Adjacent to this is a conservatory that adds additional light and potential uses. The kitchen/breakfast room is functional as it stands, featuring two Velux windows that brighten the space, but it also provides ample scope for modernizing or reconfiguring according to your taste. The utility room offers practical storage options and direct access to the outdoor space, while the cloakroom adds convenience for guests. The layout includes two bedrooms, one of which was previously divided into two separate rooms, allowing for flexible use—whether to maintain it as is or revert back to maximize sleeping quarters. The family bathroom highlights potential updates with its existing fixtures and layout. Outside, the property boasts an expansive front driveway capable of accommodating multiple vehicles alongside well-maintained lawn areas and mature shrub borders. The rear garden is predominantly laid to lawn with shrubbery framing the space, complemented by a concrete patio area for outdoor seating. There are also two garages—one single and one double-length—both equipped with power and lighting. Felsted itself is known for its rich history and community spirit, offering local amenities such as public houses, shops, restaurants, and access to Felsted School's impressive facilities. With no onward chain complications, this bungalow represents not only a comfortable residence but also a promising canvas for those looking to invest in renovation opportunities in a desirable location.

Investment Analysis

(CM6 area)

Below Market Value

This property is priced -23.5% below area average per sq ft

-23.5%
Potential saving
This Property
£304/sq ft
Area Average
£397/sq ft
Avg Rent (weekly)
£455
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£575,276
10% above area average per sq ft
Potential ROI
+30.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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, Essex
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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
£1,465
Based on a loan of £300,000 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