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Marks Farm Lane, Chelmsford, Essex

East of England

£650,000

Listed on 10/06/2026

Property Details

Bedrooms
2
Type
Detached Bungalow

Description

This charming bungalow offers a unique opportunity for renovation and investment, nestled in a peaceful rural setting while still being conveniently accessible to local amenities and transport links. The property features a detached garage with potential for an annexe (subject to planning permission), making it ideal for those looking to create additional living space or rental opportunities. Previously utilized as a main bedroom, the Family Room adds versatility to the layout. Set along a private road, this home provides an exceptional backdrop of unspoiled countryside, perfect for creating a tranquil retreat away from the demands of daily life. With two bedrooms and generous living spaces including a lounge/diner and conservatory, there's ample scope for refurbishment to enhance its appeal further.

Investment Analysis

(CM3 area)
Area Average
£411/sq ft
Avg Rent (weekly)
£348
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
51
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (CM3)

Area prices are stable by -1.2% over the last 12 months
3 year growth: -1.6%
5 year growth: +7.9%
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

Marks Farm Lane, Chelmsford, Essex
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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
£2,456
Based on a loan of £487,500 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.

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