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High Road, Essendon

East of England

£700,000
Listed on 29/01/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
1141 sqft

Description

This enchanting semi-detached cottage, dating back to the 1820s, is a prime renovation opportunity nestled in the desirable Essendon Village. With approximately 1,141 sq ft of living space and two reception rooms featuring charming original details, this property is brimming with potential for modernization. Planning permission has already been secured for a single-storey rear extension that will enhance the space to around 1,300 sq ft, along with the possibility for a rear dormer extension (subject to further consent). The garden spans roughly 70 ft and offers a tranquil environment overlooking woodland, ideal for creating an outdoor retreat. Off-street parking for two vehicles adds convenience to this investment. With its character and expansion potential, this property represents an excellent project for those looking to create their dream home.

Investment Analysis

(AL9 area)

Above Market Value

This property is priced +17.5% above area average per sq ft

+17.5%
This Property
£613/sq ft
Area Average
£522/sq ft
Avg Rent (weekly)
£424
Avg Yield
2.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£655,225
10% above area average per sq ft
Potential ROI
-16.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (AL9)

Area prices are falling by -9.5% over the last 12 months
3 year growth: -1.7%
5 year growth: -4.6%
Investment Disclaimer: Analysis based on AL9 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

High Road, Essendon
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,479
Based on a loan of £525,000 over 30 years at 3.91% 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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