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Chelmer Road, Witham, Essex, CM8

East of England

£325,000

Listed on 21/04/2026

Property Details

Bedrooms
2
Type
Bungalow

Description

This two-bedroom semi-detached bungalow, located in the desirable Moat Farm development, presents a significant opportunity for renovation and modernization. The property is being sold with no onward chain and requires updating throughout, making it an ideal investment for those looking to create their own vision of home. Upon entering, you are greeted by an entrance hall that provides access to all living spaces. The front-facing lounge benefits from natural light through its window, while both bedrooms—one facing the front and one at the rear—offer ample potential for reconfiguration or enhancement. The shower room includes essential fixtures such as a walk-in shower, W.C., and wash hand basin; however, there may be an opportunity to modernize this space further. The kitchen currently features a range of wall and base units along with convenience spaces for white goods and cooking appliances. An inner lobby leads to a conservatory that opens up to the rear garden, which has a paved patio area complemented by lawn space and features such as a wooden shed and greenhouse towards the back. A separate garage with an up-and-over door adds further utility. The property is accessible via a block-paved driveway providing off-street parking. Witham offers a vibrant High Street with supermarkets, schools, and recreational facilities like the Bramston Sports Centre. Its railway station connects conveniently to London’s Liverpool Street Station, making commuting feasible within approximately 45 minutes. Other transport links include the A12 trunk road for easy access to surrounding areas including Colchester and Chelmsford, along with connections to Stansted Airport via the A120 trunk road. This bungalow not only offers comfortable living but also represents an exciting prospect for those willing to invest time into refurbishment.

Investment Analysis

(CM8 area)
Area Average
£381/sq ft
Avg Rent (weekly)
£305
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (CM8)

Area prices are falling by -6.3% over the last 12 months
3 year growth: -1.5%
5 year growth: +10.1%
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

Chelmer Road, Witham, Essex, CM8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,228
Based on a loan of £243,750 over 30 years at 4.45% 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

Price History

+1.6% since listed
£325,000+£5,000(+1.6%)
06/06/2026
Current price
£320,000Initial listing
21/04/2026

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