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Burses Way, Hutton, Brentwood

East of England

£650,000
Listed on 01/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1167 sqft

Description

Nestled within the desirable Hutton Burses development, this three-bedroom bungalow presents an excellent opportunity for renovation and investment. While the property requires comprehensive modernization, its spacious layout and strategic location offer significant potential for transformation. Upon entering, you are greeted by a generous hallway that serves as the central access point to all rooms. This space includes practical storage cupboards, ideal for managing coats and shoes. The kitchen, positioned at the front of the home, features a window that floods the room with natural light and a side door for added convenience. While currently outfitted with older cabinetry and appliances, it provides ample room to reimagine your ideal culinary space. The expansive lounge at the rear of the property overlooks the garden through sliding patio doors, which not only enhance natural light but also facilitate outdoor access—an inviting feature for entertaining or relaxing. Bedrooms one and two are both well-proportioned doubles: bedroom one benefits from dual windows creating a bright atmosphere, while bedroom two offers serene views over the backyard. The third bedroom is a versatile single space that could easily serve as a study or nursery. A family bathroom completes the internal layout. Externally, the property boasts a mature front garden defined by a retaining brick wall and accessible via a crazy paved path leading to the entrance. A side driveway accommodates parking for two vehicles and connects to an attached garage with an additional store room at its rear—ideal for storage needs or workshop potential. The rear garden begins with a sheltered patio area beneath an overhanging canopy, providing an inviting spot to enjoy outdoor living amidst mature shrubs and trees framing the lawn. Location-wise, this bungalow is approximately half a mile from Shenfield's bustling high street and mainline railway station, which offers rapid transport links into London via the Elizabeth Line. Families will appreciate being near quality schools catering to all educational levels, including the highly regarded St Martins Senior School just a short stroll away. With its solid structure in a sought-after area combined with renovation potential, this bungalow represents an appealing project for investors or those looking to create their dream home in Hutton.

Investment Analysis

(CM13 area)

Above Market Value

This property is priced +12.6% above area average per sq ft

+12.6%
This Property
£557/sq ft
Area Average
£495/sq ft
Avg Rent (weekly)
£419
Avg Yield
3.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£635,111
10% above area average per sq ft
Potential ROI
-14.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (CM13)

Area prices are stable by +0.7% over the last 12 months
3 year growth: 7.4%
5 year growth: 2.9%
Investment Disclaimer: Analysis based on CM13 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

Burses Way, Hutton, Brentwood
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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
£2,381
Based on a loan of £487,500 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