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Mill Lane, Danbury, Chelmsford

East of England

£610,000

Listed on 29/06/2026

Property details

Bedrooms
4
Type
Detached Bungalow
Area
1324 sqft

Description

This four-bedroom detached bungalow, set on a spacious plot, presents an exciting opportunity for renovation in a desirable non-estate location. With no onward chain, the property features a welcoming porch leading into a long hallway that connects to a generous sitting room with patio doors opening into a conservatory. The sizeable kitchen/diner provides ample workspace and functionality, ideal for modern modifications. The accommodation is completed by four well-proportioned bedrooms and a four-piece bathroom that shows signs of aging but holds potential for updating. Gas radiator heating and UPVC double glazing are already in place, offering a solid foundation for enhancements. Outside, the extensive front garden allows parking for multiple vehicles, while the rear garden boasts a large patio area and established flower borders. Additionally, an outbuilding adds further versatility to the property. Nestled in the charming village of Danbury, residents enjoy easy access to Chelmsford’s amenities and excellent transport links to London. This bungalow is poised for transformation into a contemporary family home or investment opportunity with careful planning and creativity.

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Investment analysis

(CM3 area)

Above Market Value

This property is priced +12.1% above area average per sq ft

+12.1%
This Property
£461/sq ft
Area Average
£411/sq ft
Avg Rent (weekly)
£348
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£598,435
10% above area average per sq ft
Potential ROI
-8.6%
After renovation
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

Mill Lane, Danbury, Chelmsford
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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
£2,305
Based on a loan of £457,500 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.

Stamp duty calculator

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