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Burns Close, Maldon

East of England

£300,000
Listed on 02/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

Nestled within the desirable Poets' Estate, this three-bedroom property presents a notable opportunity for those looking to invest in refurbishment. Offered with no onward chain, this home features a sunlit south-facing garden and includes a garage located in a block for additional convenience. While it is positioned close to local amenities, schools, and Promenade Park, the interior requires modernisation which allows for personalisation and enhancement to meet contemporary standards. The entrance leads into a traditional hall with stairs ascending to the first floor. A spacious lounge boasts a York stone fireplace, providing a focal point that could be revitalised. The kitchen offers potential with fitted units and access to the garden through double-glazed doors—ideal for creating an open-plan living area. Upstairs are three bedrooms, each with ample natural light through double-glazed windows. The property also includes a shower room that, while functional, could benefit from an updated aesthetic. Outside, the enclosed rear garden is laid to lawn and features block paving alongside mature shrubs, presenting an inviting backdrop for outdoor activities. This property holds significant renovation potential for investors or homeowners keen on crafting their ideal living space within a preferred neighbourhood.

Investment Analysis

(CM9 area)
Area Average
£396/sq ft
Avg Rent (weekly)
£319
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (CM9)

Area prices are falling by +2.1% over the last 12 months
3 year growth: -2.5%
5 year growth: 11.2%
Investment Disclaimer: Analysis based on CM9 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

Burns Close, Maldon
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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
£1,099
Based on a loan of £225,000 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