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The Green, White Notley, Witham

East of England

£450,000
Listed on 01/12/2025

Property Details

Bedrooms
3
Type
Detached
Area
1335 sqft

Description

This extended detached family home presents a prime opportunity for cash buyers seeking a property with substantial renovation potential. Set on a large plot, the house boasts panoramic views of the surrounding fields, enhancing its appeal. The ground floor comprises a porch leading into a spacious sitting room and a separate dining room, both of which can benefit from modern updates. The kitchen features essential amenities, such as an electric hob and oven/grill, alongside the unique Rayburn cooker that powers the oil-fired heating system. A side lobby connects to the shower room, which may require refurbishment to align with contemporary standards. Upstairs, three generously-sized double bedrooms offer ample space for reconfiguration or refurbishment, complemented by a good-sized family bathroom that could see significant improvement to meet modern expectations. Outside, the extensive rear garden provides an ideal setting for landscaping or outdoor enhancements, while ample parking in the front garden adds convenience. Conveniently located near transport links to Witham and London Liverpool Street, along with nearby amenities such as local schools and public houses, this property is well-positioned for both residential enjoyment and as an investment opportunity.

Investment Analysis

(CM8 area)

Below Market Value

This property is priced -10.6% below area average per sq ft

-10.6%
Potential saving
This Property
£337/sq ft
Area Average
£377/sq ft
Avg Rent (weekly)
£293
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£553,845
10% above area average per sq ft
Potential ROI
+11.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (CM8)

Area prices are falling by -4.6% over the last 12 months
3 year growth: -2.8%
5 year growth: +13.2%
Investment Disclaimer: Analysis based on CM8 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

The Green, White Notley, Witham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,623
Based on a loan of £337,500 over 30 years at 4.06% 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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