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Pretoria Road, Halstead

East of England

£330,000
Listed on 20/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1245 sqft

Description

This detached bungalow presents a promising opportunity for renovation and investment, situated at the end of a quiet lane in the market town of Halstead. Currently configured with 2 to 3 bedrooms, the property offers spacious living areas including a generous lounge and kitchen, along with ample outdoor space surrounded by gardens. It requires mild modernisation, making it an ideal project for those looking to add value through updates. Furthermore, there is approved planning permission available to extend the property into a two-storey chalet style home, allowing for additional bedroom and bathroom space. The substantial parking area could accommodate larger vehicles such as caravans or motor homes. There is also a garage and workshop on-site that have potential for conversion into an annex or additional storage based on necessary planning approvals. With no onward chain and vacant possession, this property holds significant appeal for both first-time buyers and seasoned investors alike.

Investment Analysis

(CO9 area)

Below Market Value

This property is priced -22.2% below area average per sq ft

-22.2%
Potential saving
This Property
£265/sq ft
Area Average
£341/sq ft
Avg Rent (weekly)
£288
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£466,726
10% above area average per sq ft
Potential ROI
+27.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
43%
Properties sold annually

Local Market Trend (CO9)

Area prices are stable by -1.6% over the last 12 months
3 year growth: +0.7%
5 year growth: +5.6%
Investment Disclaimer: Analysis based on CO9 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

Pretoria Road, Halstead
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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
£1,190
Based on a loan of £247,500 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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