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Highfield Rise, Althorne

East of England

£395,000
Listed on 11/05/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
786 sqft

Description

This spacious detached bungalow is set in a well-regarded modern development within the tranquil village of Althorne. The property features an expansive rear garden that offers a serene woodland backdrop, enhancing privacy and outdoor appeal. While the interior would greatly benefit from some updates and personal touches, it provides substantial opportunities for improvement and potential enlargement, depending on planning permissions. Currently, the accommodation includes two generous bedrooms, a dual-aspect living/dining space that invites natural light, a fitted kitchen, a family bathroom, and a separate WC. Externally, the front benefits from ample driveway parking alongside access to a detached garage. With properties like this seldom coming onto the market in such a coveted area, this home is ideal for investors or those seeking to create their own perfect retreat. Energy Rating: D / Tax Band D.

Investment Analysis

(CM3 area)

Above Market Value

This property is priced +21.7% above area average per sq ft

+21.7%
This Property
£503/sq ft
Area Average
£413/sq ft
Avg Rent (weekly)
£320
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£357,080
10% above area average per sq ft
Potential ROI
-17.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
59
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (CM3)

Area prices are stable by -1.3% over the last 12 months
3 year growth: -0.9%
5 year growth: +7.6%
Investment Disclaimer: Analysis based on CM3 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

Highfield Rise, Althorne
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,409
Based on a loan of £296,250 over 30 years at 3.97% 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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