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Oakland Mews, Greenstead Road, Ongar, Essex, CM5 - Image 1
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Oakland Mews, Greenstead Road, Ongar, Essex, CM5

East of England

£525,000

Listed on 25/06/2026

Property Details

Bedrooms
4
Type
House
Area
1256 sqft

Description

This four-bedroom residence presents an excellent opportunity for renovation and investment, situated conveniently close to local amenities and reputable schools. Spanning approximately 1,256 sq. ft., the property features a spacious ground floor layout conducive to family life and entertaining guests. With four well-proportioned bedrooms, including a principal suite with an ensuite shower room, there is ample space for comfortable living. Notably, the expansive loft area - currently utilized as a gym - offers significant potential for conversion into additional living space, pending necessary planning permissions. Externally, the home boasts off-street parking and a detached garage that enhances both convenience and storage options. The rear garden, extending about 40 feet in length, includes decked and lawn areas ideal for outdoor activities. This property holds considerable promise for those looking to upgrade or expand their living space.

Investment Analysis

(CM5 area)

Below Market Value

This property is priced -9.4% below area average per sq ft

-9.4%
Potential saving
This Property
£418/sq ft
Area Average
£462/sq ft
Avg Rent (weekly)
£398
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£637,677
10% above area average per sq ft
Potential ROI
+10.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (CM5)

Area prices are falling by -9.8% over the last 12 months
3 year growth: -8.1%
5 year growth: -0.3%
Investment Disclaimer: Analysis based on CM5 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

Oakland Mews, Greenstead Road, Ongar, Essex, CM5
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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
£1,983
Based on a loan of £393,750 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.

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