This 0.5-acre plot presents a solid opportunity for those looking to invest in a property with significant renovation and development potential. Currently featuring a two-bedroom bungalow, the site offers ample space for reimagining residential units or expanding on the existing structure.
Nestled in the quaint village of Panfield, just outside of Braintree, this location combines rural charm with convenient access to urban amenities. Braintree is merely 3.5 miles away, providing an array of shops, eateries, and recreational facilities. For commuters, Braintree Station—located about 3.7 miles from the property—offers direct train service to London Liverpool Street in roughly one hour. Additionally, the A120 is only 4.2 miles away, facilitating access to London Stansted Airport and the M11 motorway.
The plot itself features a flat terrain with an extensive garden that boasts several mature trees and shrubs at both the front and rear. Residential properties frame the site on two sides, while fields lie to the rear, which enhances its appeal for future development possibilities.
While there are currently no planning applications in place, preliminary discussions with Braintree District Council have indicated positive feedback regarding a proposed redevelopment scheme that could accommodate two detached units on the land. This suggests a promising avenue for investors seeking to capitalize on local housing demand.
Overall, this property not only offers immediate living space but also considerable potential for transformation or expansion in line with market needs.
