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Long Banks, Harlow, Essex, CM18

East of England

£250,000
Listed on 18/11/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom semi-detached home presents a solid opportunity for renovation and investment. The property boasts ample living space, featuring a lounge that serves as a welcoming hub, a kitchen/dining area that can be transformed into an inviting gathering spot, and two double bedrooms, offering comfortable accommodation. A family bathroom completes the interior layout. Outside, the enclosed garden provides potential for landscaping or outdoor entertaining, adding further value to the property. The home is being offered without a chain, streamlining the purchasing process for interested buyers. Situated conveniently within walking distance of local amenities, this residence is just three minutes from Staple Tye Shopping Centre. The center includes a supermarket and various takeaway options, alongside essential services like Lidl, a hair salon, and the new Lister Medical Centre. This strategic location enhances its appeal to future tenants or homeowners who value accessibility. This property is available through modern auction methods, allowing buyers flexibility in securing financing arrangements. Early offers will be considered prior to the auction date. Contact us for more information and to arrange a viewing to explore the renovation possibilities this home has to offer.

Investment Analysis

(CM18 area)
Area Average
£358/sq ft
Avg Rent (weekly)
£351
Avg Yield
5.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (CM18)

Area prices are rising by +7.7% over the last 12 months
3 year growth: 2.7%
5 year growth: 18.0%
Investment Disclaimer: Analysis based on CM18 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

Long Banks, Harlow, Essex, CM18
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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
£916
Based on a loan of £187,500 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE