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Rodney Road, Ongar, CM5

East of England

£365,000
Listed on 27/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
919 sqft

Description

This semi-detached house presents a compelling opportunity for renovation in a sought-after area at the southern edge of Ongar's town center. The property is conveniently located near a variety of local amenities, including supermarkets, coffee shops, bars, and restaurants, as well as access to highly regarded schools. Good transport links further enhance this location’s appeal, making it an attractive option for families and commuters alike. The home features three bedrooms, providing ample space for comfortable living or rental potential. Each room offers a blank canvas for those looking to modernize and tailor the space to their needs. The layout includes a sitting room and a dining room that can be reimagined into contemporary open-plan spaces suitable for today’s lifestyle. A compact kitchen and separate shower room present additional areas ripe for enhancement. Outside, the property benefits from well-maintained gardens that offer both charm and potential for landscaping improvements. Off-street parking is also available, adding to the convenience of this residence. Offered chain-free, this property represents not only a chance to create your ideal home but also an enticing investment opportunity in a thriving community with growth potential.

Investment Analysis

(CM5 area)

Below Market Value

This property is priced -13.6% below area average per sq ft

-13.6%
Potential saving
This Property
£397/sq ft
Area Average
£460/sq ft
Avg Rent (weekly)
£465
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£464,509
10% above area average per sq ft
Potential ROI
+14.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (CM5)

Area prices are falling by +3.9% over the last 12 months
3 year growth: -6.1%
5 year growth: -1.8%
Investment Disclaimer: Analysis based on CM5 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

Rodney Road, Ongar, CM5
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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
£1,337
Based on a loan of £273,750 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