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202 Maltings Lane, Witham, Essex, CM8 1JN - Image 1
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202 Maltings Lane, Witham, Essex, CM8 1JN

East of England

£220,000
Listed on 09/01/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This three-bedroom semi-detached house presents a significant opportunity for renovation and investment. Situated on a generous plot, the property features gardens both at the front and rear, as well as off-road parking and a garage. Although it requires modernisation, its location offers proximity to Witham town centre's amenities, approximately 0.8 miles away. The house not only benefits from its existing layout—including an open plan reception/dining room and kitchen on the ground floor—but also shows potential for extension or redevelopment, subject to obtaining the necessary consents. Currently vacant, this property is ideal for those looking to create their dream home or capitalize on rental demand in the area.

Investment Analysis

(CM8 area)
Area Average
£378/sq ft
Avg Rent (weekly)
£292
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
43
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (CM8)

Area prices are falling by -7.1% over the last 12 months
3 year growth: -5.4%
5 year growth: +9.2%
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

202 Maltings Lane, Witham, Essex, CM8 1JN
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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
£779
Based on a loan of £165,000 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.

Stamp Duty Calculator

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