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Holst Avenue, Witham, Essex - Image 1
Holst Avenue, Witham, Essex - Image 2
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Holst Avenue, Witham, Essex

East of England

£425,000
Listed on 01/11/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This four-bedroom home presents a unique opportunity for those looking to invest in a property with significant renovation potential. Located in a well-established residential neighborhood of Witham, it offers a solid foundation for anyone eager to create a personalized living space. While the property requires updating and refurbishment throughout, its size and layout provide ample scope for transformation. The ground floor consists of a bright and spacious living room that could easily be modernized, alongside a separate dining area and a kitchen primed for reimagining. Upstairs, you will find four generously sized bedrooms and a family bathroom—ideal for accommodating family life or appealing to prospective tenants. The outdoor space is another highlight, featuring a sizable rear garden where landscaping or potential extensions can be explored, pending local planning approvals. Additionally, off-street parking at the front adds practical value in this sought-after area. Situated on a tranquil street, the location boasts convenient access to local amenities including shops, parks, and reputable schools. Commuters will benefit from the nearby Witham Station, which provides direct services to London Liverpool Street in under an hour. For those driving, easy connections to the A12 facilitate travel toward Chelmsford and Colchester. This property stands out as an attractive option for first-time buyers wanting to enter the market or investors seeking their next project. Properties in this area tend to retain strong value once renovated, making this home not just a residence but also a wise investment choice. Ultimately, while work is required, this house offers incredible potential with possibilities that are hard to come by in today's market. Don't miss this chance to explore what could be transformed into your ideal home or investment. Contact us today to schedule a viewing and envision the opportunities that await here.

Investment Analysis

(CM8 area)
Area Average
£375/sq ft
Avg Rent (weekly)
£277
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CM8)

Area prices are stable by +0.4% over the last 12 months
3 year growth: 0.1%
5 year growth: 21.3%
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.

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Location

Holst Avenue, Witham, Essex
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