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Land to the Side of 2 School Road, Silver End, Witham, Essex, CM8 3RZ - Image 1
Land to the Side of 2 School Road, Silver End, Witham, Essex, CM8 3RZ - Image 2
Land to the Side of 2 School Road, Silver End, Witham, Essex, CM8 3RZ - Image 3

Land to the Side of 2 School Road, Silver End, Witham, Essex, CM8 3RZ

East of England

£20,000
Listed on 27/11/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This offering presents a freehold plot of land spanning approximately 155 sq m (1,675 sq ft), located on a residential road with convenient access to local shops and amenities. The property is situated within proximity to the peaceful Silver End Memorial Gardens and benefits from transport links provided by White Notley rail station. Notably, plans have been prepared for the construction of a house on this site, though no planning application has been submitted as of yet. Interested parties can request to view the proposed plans. It is important for potential buyers to conduct their own due diligence regarding development opportunities, required permissions, and any historical planning details associated with the site. Additionally, the outline given in auction particulars serves only as an indication; precise measurements should be confirmed by buyers, who must also check for possible Tree Preservation Orders and whether any part of the land may be classified as adopted highway land.

Investment Analysis

(CM8 area)
Area Average
£374/sq ft
Avg Rent (weekly)
£284
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £45,000
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

Land to the Side of 2 School Road, Silver End, Witham, Essex, CM8 3RZ
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£73
Based on a loan of £15,000 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