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Elizabeth Avenue, Witham, Essex - Image 1
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Elizabeth Avenue, Witham, Essex

East of England

£350,000
Listed on 25/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1072 sqft

Description

Nestled on a peaceful residential street in one of Witham’s sought-after neighborhoods, this three-bedroom end-of-terrace home presents a blend of mid-century character and modern upgrades, providing a solid foundation with considerable renovation and investment potential. Originally constructed in 1953, the property features spacious interiors that cater well to families, professionals, or those looking for adaptable living spaces. The entrance greets you with a bright hallway that leads into a generous living room. This space is designed for comfort and is filled with natural light, offering versatility for both relaxation and entertaining. The open-plan kitchen and dining area serve as the central hub of the home. Here, sleek cabinetry and quality appliances create an inviting atmosphere, while French doors open up to the patio and garden, promoting seamless indoor-outdoor interaction. Upstairs, you'll find three well-sized bedrooms that are move-in ready yet hold potential for cosmetic updates to suit personal tastes. The family bathroom stands out with its extra-wide bath—an excellent feature that enhances everyday comfort. Additionally, the loft area is fully boarded and accessible via a pull-down ladder, providing ample storage space or the possibility for conversion into additional living quarters (subject to local planning regulations). The rear garden is another significant asset of this property; it is spacious and private with established landscaping that offers an ideal setting for outdoor activities or peaceful retreats. Enhancing this space is a substantial outbuilding at the back of the garden. Featuring its own wet room, this structure could serve multiple purposes—home office, gym, guest accommodation, or even as a source of rental income—again subject to necessary permissions. This property's combination of flexible living areas, investment opportunities through potential renovations or conversions, and prime location makes it an appealing choice for those looking to invest in their future while enjoying comfortable living today.

Investment Analysis

(CM8 area)

Below Market Value

This property is priced -12.6% below area average per sq ft

-12.6%
Potential saving
This Property
£326/sq ft
Area Average
£374/sq ft
Avg Rent (weekly)
£284
Avg Yield
4.2%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£440,549
10% above area average per sq ft
Potential ROI
+15.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (CM8)

Area prices are stable by +1.2% over the last 12 months
3 year growth: 0.1%
5 year growth: 17.3%
Investment Disclaimer: Analysis based on CM8 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

Elizabeth Avenue, Witham, Essex
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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
£1,282
Based on a loan of £262,500 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