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East of England
£500,000
Listed on 10/10/2026
Listed on 10/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This spacious detached chalet bungalow offers a fantastic opportunity for those looking to create a personalized home in a desirable location on Collingwood Road, Witham. While the interiors are dated and show signs of wear, this allows for a canvas to modernize and transform the space according to your vision. The property features a flexible layout with multiple living areas, bedrooms, and functional outdoor space, making it an ideal project for families or individuals seeking to add their touch.
The guide price of £500,000 presents a chance to acquire a property without immediate pressure from local £/sqf comparisons, as the floor area is currently missing. This means potential buyers can explore the renovation range of £40,000 to £80,000 to bring the interiors up to modern standards while enhancing value. Furthermore, the good exterior condition and ample parking with a double garage are notable positives that add to the overall appeal. This home is not just about renovation; it's about creating a future-proof space in a convenient and well-connected area.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
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