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Hatfield Road, Witham

East of England

£550,000
Listed on 06/01/2026

Property Details

Bedrooms
4
Type
Detached house

Description

This detached four-bedroom bungalow presents a unique renovation opportunity in a tranquil setting, accessible via a private driveway. The welcoming entrance hall leads into a bright lounge that suits both family gatherings and serene evenings. The spacious kitchen/diner is ideal for culinary creativity and socializing with friends and family. Each of the four bedrooms offers versatility for various uses, such as guest accommodations or office space, complemented by a family bathroom. Outside, the rear garden provides ample space for landscaping or entertaining, while the practical driveway and garage enhance functionality. Notably, the garage features a sink area that could easily be converted into a utility room or workshop. The property has significant potential for upward extension due to its deep footings (subject to planning permission). Situated on a generous plot, this home allows for future adaptation and investment. Additionally, its convenient location near Witham Town Centre and easy access to local amenities and transport links make it an appealing choice for those looking to invest in a property with long-term potential.

Investment Analysis

(CM8 area)
Area Average
£376/sq ft
Avg Rent (weekly)
£303
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (CM8)

Area prices are falling by -4.1% over the last 12 months
3 year growth: -2.4%
5 year growth: +14.6%
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

Hatfield Road, Witham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,984
Based on a loan of £412,500 over 30 years at 4.06% 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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