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Turners Close, Ongar, Essex, CM5

East of England

£375,000

Listed on 01/07/2026

Property details

Bedrooms
3
Type
Terraced
Area
923 sqft

Description

This three-bedroom property presents a sound investment opportunity for those looking to make their mark. With a generous rear garden of approximately 70ft, the home offers ample space for outdoor activities as well as potential for extension, subject to necessary planning permissions. Internally, the layout features a kitchen/breakfast room, living room, cloakroom on the ground floor, and three bedrooms along with a shower room on the first floor. The property is ideally located close to local schools and the high street, providing easy access to shops and amenities. Buyers will find room for modernization throughout, making it an ideal blank canvas for creating a tailored living space. Notably, this home is being offered without an onward chain, simplifying the purchasing process.

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Investment analysis

(CM5 area)

Below Market Value

This property is priced -11.8% below area average per sq ft

-11.8%
Potential saving
This Property
£406/sq ft
Area Average
£461/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£467,546
10% above area average per sq ft
Potential ROI
+12.7%
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 -11.0% over the last 12 months
3 year growth: -8.3%
5 year growth: -0.9%
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

Turners Close, 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
£1,417
Based on a loan of £281,250 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

Next Steps

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