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High Road, Fobbing, Essex, SS17

East of England

£1,300,000
Listed on 02/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
3143 sqft

Description

This property presents a significant development opportunity in the desirable area of Fobbing, complete with outline planning permission for the construction of four additional four-bedroom detached houses. Set on a generous 1.45-acre plot, the existing four-bedroom detached home offers an expansive layout, ideal for renovation or reconfiguration to maximize its potential. The entrance hall welcomes you into a spacious lounge with sliding patio doors leading to the rear garden, while the dining room and kitchen also provide ample living space. Notably, there is a convenient utility room and a conservatory that could be transformed into a versatile area connected to indoor and outdoor spaces. The property features four well-proportioned bedrooms, including an office/bedroom option. Two bathrooms accommodate family needs, though they would benefit from modern updates. An impressive garage and leisure room add further value, providing opportunities for conversion or enhancement. With planning already secured for new dwellings, this site is primed for both immediate renovation of the existing structure and future development. The plot dimensions offer substantial frontages and depth which can facilitate various landscaping or parking configurations necessary for new constructions. This property stands as a promising investment for developers looking to capitalize on one of Fobbing's attractive locales.

Investment Analysis

(SS17 area)

Above Market Value

This property is priced +2.2% above area average per sq ft

+2.2%
This Property
£414/sq ft
Area Average
£405/sq ft
Avg Rent (weekly)
£324
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,399,688
10% above area average per sq ft
Potential ROI
+0.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (SS17)

Area prices are rising by +2.1% over the last 12 months
3 year growth: 3.5%
5 year growth: 21.0%
Investment Disclaimer: Analysis based on SS17 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

High Road, Fobbing, Essex, SS17
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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
£4,762
Based on a loan of £975,000 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