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New Road, Terling, Chelmsford, Essex, CM3

East of England

£500,000
Listed on 11/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1679 sqft

Description

This detached four to five-bedroom house presents a significant opportunity for renovation and investment in the desirable village of Terling. Offered with no onward chain, the property is primed for modernization, allowing new owners to tailor the space to their preferences. Upon entry, a welcoming hallway leads to various ground floor rooms. The generous lounge/diner features dual bay windows that invite natural light and an inset log burner that could become a focal point with some updates. The kitchen, while in need of refurbishment, offers practical features such as integrated appliances and views into both the garden and utility area. This utility space includes plumbing for a washing machine and access to a cloakroom, enhancing overall functionality. Additionally, there is a versatile study that could serve as a fifth bedroom, alongside a bathroom equipped with essential amenities. The first floor provides a spacious landing connecting four well-proportioned bedrooms. The main bedroom benefits from eaves storage and pleasant front views, while two others are fitted with built-in wardrobes. Each room offers potential for reconfiguration or refurbishment to meet modern living standards. Outside, the property boasts ample off-road parking leading to a timber workshop. The front garden is predominantly lawned with mature trees providing natural shade. The extensive rear garden starts with a paved patio ideal for entertaining before transitioning into larger lawn areas dotted with flowerbeds and established vegetable patches. Situated in Terling, this home captures the charm of rural living while remaining conveniently close to amenities. Surrounded by picturesque countryside and just north-east of Chelmsford city centre, Terling offers residents access to local conveniences such as a primary school, village store, and community recreation facilities including tennis courts and playgrounds. Regular bus services enhance connectivity to nearby towns, while Hatfield Peverel’s railway station facilitates direct travel to London Liverpool Street in approximately 42 minutes. This property not only holds renovation potential but also presents an opportunity for investors looking to capitalize on future value appreciation in this highly regarded locale.

Investment Analysis

(CM3 area)

Below Market Value

This property is priced -29.4% below area average per sq ft

-29.4%
Potential saving
This Property
£298/sq ft
Area Average
£422/sq ft
Avg Rent (weekly)
£347
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£778,745
10% above area average per sq ft
Potential ROI
+41.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (CM3)

Area prices are stable by +1.2% over the last 12 months
3 year growth: -0.5%
5 year growth: 15.4%
Investment Disclaimer: Analysis based on CM3 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

New Road, Terling, Chelmsford, Essex, CM3
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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
£1,832
Based on a loan of £375,000 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