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Ishams Chase, Wickham Bishops, Witham, Essex, CM8 - Image 1
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Ishams Chase, Wickham Bishops, Witham, Essex, CM8

East of England

£1,000,000
Listed on 29/01/2026

Property Details

Bedrooms
4
Type
Detached
Area
2767 sqft

Description

This impressive detached residence, complete with a separate annex, is nestled in the tranquil surroundings of Wickham Bishops. Situated on a substantial plot of approximately 1.25 acres within a quaint cul-de-sac, the property stands out due to its unique architecture and the rarity of listings in this sought-after area. The main home boasts spacious living areas that are currently in need of modernization, offering prospective buyers an excellent opportunity to customize and revitalize the space to their preferences for long-term family living. Rather than presenting as fully finished, this property serves as a blank canvas for those looking to enhance its layout and aesthetic over time. The self-contained annex provides additional versatility, perfect for accommodating extended family or creating independent living spaces without intruding on the main house's privacy. The extensive grounds are a defining feature, characterized by mature trees and ample room for outdoor enjoyment or further landscaping projects, subject to necessary planning approvals. Notably, there has been prior consent for significant redevelopment on the site, emphasizing its potential for future enhancements should one wish to pursue such avenues. Wickham Bishops is celebrated for its community atmosphere and semi-rural charm while offering essential amenities like local shops and recreational facilities. Its connection to Witham station ensures convenient access to London Liverpool Street within about 50 minutes, making it an attractive location for commuters. This property represents a remarkable chance to secure a generous home with endless possibilities in a prime village setting.

Investment Analysis

(CM8 area)

Below Market Value

This property is priced -4.2% below area average per sq ft

-4.2%
Potential saving
This Property
£361/sq ft
Area Average
£377/sq ft
Avg Rent (weekly)
£293
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,147,931
10% above area average per sq ft
Potential ROI
+4.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (CM8)

Area prices are falling by -4.6% over the last 12 months
3 year growth: -2.8%
5 year growth: +13.2%
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

Ishams Chase, Wickham Bishops, Witham, Essex, CM8
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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
£3,607
Based on a loan of £750,000 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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