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Oakbank, Hutton, CM13

East of England

£550,000
Listed on 11/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1184 sqft

Description

Nestled in a peaceful cul-de-sac just 1.3 miles from Shenfield Mainline Railway Station, this semi-detached chalet-style house offers significant renovation and investment potential. The proximity to reputable schools, including St. Martin's School (subject to admission), adds to the appeal for families seeking a comfortable home. This three-bedroom residence currently requires modernization, presenting a blank canvas for those looking to personalize their space. The layout features a spacious living room that flows into the dining area, complemented by an additional reception room that can be adapted to suit your needs—whether as an office or playroom. The ground floor also includes a utility room and separate kitchen space along with a bathroom, while the upstairs hosts two generously sized bedrooms and another bathroom. The generously sized rear garden enhances the property’s attractiveness, featuring a large garage/workshop ideal for DIY projects or additional storage solutions. Occupying a substantial corner plot, there is ample opportunity for expansion or landscaping to maximize outdoor enjoyment. With no onward chain, this property is poised for its next chapter and represents an excellent opportunity for those willing to invest time and resources into creating their ideal living space in a desirable location.

Investment Analysis

(CM13 area)

Below Market Value

This property is priced -6.1% below area average per sq ft

-6.1%
Potential saving
This Property
£465/sq ft
Area Average
£495/sq ft
Avg Rent (weekly)
£419
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£644,362
10% above area average per sq ft
Potential ROI
+7.4%
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

Oakbank, Hutton, CM13
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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
£2,015
Based on a loan of £412,500 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