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Ram Gorse, Harlow, Essex, CM20

East of England

£515,000
Listed on 10/11/2025

Property Details

Bedrooms
6
Type
Detached house
Area
1305 sqft

Description

This expansive six-bedroom detached property presents a unique opportunity for renovation and investment. Conveniently located near the town center, local hospital, and within walking distance of the train station, this home offers both accessibility and potential. The layout is designed to accommodate versatile living arrangements, making it ideal for multi-generational households or those seeking adaptable spaces for personal use. The property includes multiple reception rooms, three kitchens, and three bathrooms — a configuration that not only enhances everyday living but also introduces opportunities for separation and independence among family members or tenants. Although the interiors require modern updates throughout, this presents an excellent chance for the new owner to customize finishes according to their preferences. With significant room sizes and practical storage solutions, the property stands as a blank canvas ready for transformation into a contemporary residence. Outside, you'll find a generous driveway providing ample parking space alongside a backyard garden that invites further landscaping or outdoor development. Given its location in a desirable neighborhood with strong transport links, this property holds considerable investment potential, whether you're looking to create a family home or capitalize on rental opportunities. For anyone interested in undertaking a rewarding project in an attractive area, this property merits serious consideration.

Investment Analysis

(CM20 area)

Above Market Value

This property is priced +4.3% above area average per sq ft

+4.3%
This Property
£395/sq ft
Area Average
£378/sq ft
Avg Rent (weekly)
£343
Avg Yield
6.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£543,121
10% above area average per sq ft
Potential ROI
-11.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (CM20)

Area prices are rising by +6.9% over the last 12 months
3 year growth: -0.7%
5 year growth: 7.4%
Investment Disclaimer: Analysis based on CM20 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

Ram Gorse, Harlow, Essex, CM20
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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
£1,887
Based on a loan of £386,250 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