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Steeple Road, Mayland

East of England

£650,000
Listed on 28/02/2026

Property Details

Bedrooms
2
Type
Detached house

Description

This detached bungalow sits on an impressive plot of just under 0.75 acres and comes with outline planning permission for the construction of two additional detached bungalows at the rear. While the existing structure showcases a charming, single-storey layout comprising a welcoming entrance hall, spacious living room, kitchen/diner, family bathroom, and well-sized bedrooms, it is in need of modernization that could unlock its full potential. The interiors offer ample character and are ripe for refurbishment and possible reconfiguration to create a comfortable home tailored to modern tastes. The generous rear garden not only ensures privacy but also enhances the investment appeal with its development potential. Set back from the road with driveway parking available, this property provides an excellent opportunity for developers or families looking to expand their living arrangements amid a desirable setting in Mayland, conveniently located near local amenities and transport links.

Investment Analysis

(CM3 area)
Area Average
£418/sq ft
Avg Rent (weekly)
£314
Avg Yield
3.2%

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
51
Average per month
Market Turnover
50%
Properties sold annually

Local Market Trend (CM3)

Area prices are stable by -1.0% over the last 12 months
3 year growth: -1.6%
5 year growth: +9.0%
Investment Disclaimer: Analysis based on CM3 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

Steeple Road, Mayland
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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
£2,344
Based on a loan of £487,500 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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