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Mynards Way, Danbury

East of England

£700,000
Listed on 11/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1841 sqft

Description

Nestled in a private cul-de-sac comprising just four homes, this detached family residence presents an exciting opportunity for those with a vision for renovation and investment. Spanning 1,839 sq ft over two levels, the property features a traditional layout that includes well-sized reception spaces, a functional kitchen, and four comfortable bedrooms. With ample outdoor space and an integral garage, there is significant potential for expansion or reconfiguration to create a tailored living environment (subject to planning permission). Located in the village of Danbury, the home benefits from proximity to local amenities such as shops, cafés, and healthcare services—all just a short stroll away. Families will appreciate the range of educational options available, including highly regarded public and private schools nearby, with Chelmsford's grammar schools easily accessible. The surrounding area offers picturesque countryside walks and various recreational activities at local sports clubs or traditional pubs. Convenient transport links ensure quick access to Chelmsford City Centre and major routes like the A12. Upon entering the home, you’re greeted by an entrance hall that leads to a kitchen with direct access to the garden. A separate dining room provides an opportunity for creating an open-plan kitchen/dining area ideal for modern living. The spacious lounge is enhanced by patio doors that connect seamlessly with the outdoor space. Completing the ground floor are a convenient downstairs WC and shower room, along with an integral garage—an ideal candidate for conversion into additional living quarters or workspace (STP). The first floor features four generous bedrooms, including a master suite complete with an ensuite bathroom. Two additional double bedrooms and a sizeable single offer flexibility for family use or home office setups. A family bathroom serves this level. The exterior boasts a south-facing garden that captures sunlight throughout the day, featuring established gardens and patio area perfect for relaxation or entertaining. Gated side access enhances practicality while the front of the property provides driveway parking suitable for multiple vehicles along with a maintained lawn. With its tranquil setting in a desirable neighborhood and vast potential to update according to personal taste or market demand, this property invites you to envision its next chapter as your dream home. Offered without onward chain complications, it stands ready for your creative touch and investment insight.

Investment Analysis

(CM3 area)

Below Market Value

This property is priced -9.8% below area average per sq ft

-9.8%
Potential saving
This Property
£380/sq ft
Area Average
£422/sq ft
Avg Rent (weekly)
£347
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£853,883
10% above area average per sq ft
Potential ROI
+6.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Mynards Way, Danbury
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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
£2,564
Based on a loan of £525,000 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