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Parker Way, Halstead, CO9

East of England

£275,000
Listed on 23/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
962 sqft

Description

This two-bedroom semi-detached home presents a promising opportunity for those looking to invest in a property with renovation potential. While the current owner has made some updates, there remains ample scope for further enhancements to truly make this space your own. The property features a generously sized rear garden, which is fully enclosed and offers a degree of privacy. The garden is adorned with mature shrubs and borders, providing a charming natural backdrop. An extensive patio area allows for versatile outdoor seating options, while the remainder of the garden is laid to lawn, creating a blank canvas for landscaping or gardening projects. Additionally, the presence of multiple sheds offers practical storage solutions, complemented by an outdoor tap and side access gate. Situated in the market town of Halstead, the property benefits from close proximity to local amenities including schools catering to various age groups, recreational facilities, and an array of High Street shops and eateries. For commuters, the larger town of Braintree provides mainline rail services, while convenient access to the A12 and A120 enhances connectivity to surrounding areas. Stansted Airport is also within approximately 25 miles, adding further appeal for those who travel frequently. This home not only offers comfortable living but also significant investment potential in an area with increasing demand. The combination of its features and location sets the stage for a rewarding project that could yield substantial returns. Whether you’re looking to modernize or expand upon existing structures, this property invites creative vision and long-term planning.

Investment Analysis

(CO9 area)

Below Market Value

This property is priced -15.7% below area average per sq ft

-15.7%
Potential saving
This Property
£286/sq ft
Area Average
£339/sq ft
Avg Rent (weekly)
£293
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£358,941
10% above area average per sq ft
Potential ROI
+17.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CO9)

Area prices are rising by +2.2% over the last 12 months
3 year growth: 2.9%
5 year growth: 8.0%
Investment Disclaimer: Analysis based on CO9 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

Parker Way, Halstead, CO9
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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
£1,007
Based on a loan of £206,250 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