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Millfields, Writtle, CM1

East of England

£415,000
Listed on 10/01/2026

Property Details

Bedrooms
4
Type
Semi-detached house
Area
398 sqft

Description

This four-bedroom end-of-terrace home presents a significant opportunity for renovation and investment, set within a generously sized plot. Upon entering, the layout reveals an extended ground-floor bedroom accompanied by an ensuite bathroom, offering immediate functional space. The original lounge leads to a fitted kitchen, while an additional room provides versatility as either a dining area or secondary living space. The first floor hosts three bedrooms along with a family bathroom that could benefit from modernisation. Outside, the property features front, side, and rear gardens alongside essential amenities including a garage in a block and allocated parking across the road. Located in the sought-after village of Writtle, this residence enjoys proximity to local shops and convenient access to Chelmsford City’s mainline rail service to London Liverpool Street. While the property requires comprehensive updating throughout, it holds immense potential for buyers aiming to transform it into their ideal home, with possibilities for further expansion subject to planning permissions.

Investment Analysis

(CM1 area)

Above Market Value

This property is priced +150.1% above area average per sq ft

+150.1%
This Property
£1,043/sq ft
Area Average
£417/sq ft
Avg Rent (weekly)
£334
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£182,541
10% above area average per sq ft
Potential ROI
-63.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
66
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (CM1)

Area prices are rising by +8.6% over the last 12 months
3 year growth: +0.5%
5 year growth: +8.7%
Investment Disclaimer: Analysis based on CM1 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

Millfields, Writtle, CM1
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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
£1,497
Based on a loan of £311,250 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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