Plantation Road, Boreham, Chelmsford
East of England
£500,000
Listed on 13/10/2026
Listed on 13/10/2026
The listing
Property details
Bedrooms
3Type
DetachedArea
1048 sqftFeatures
- Garden
Description
A three-bedroom detached house in Boreham, offered with no onward chain and set on a plot of approximately 4,303 sq ft. The accommodation includes a lounge/diner, kitchen, bathroom, separate WC and additional ground-floor space. The property requires comprehensive renovation, providing scope to rework the existing home to suit a buyer's plans.
The plot may also offer options to enlarge the house or explore a separate dwelling, subject to planning permission and all required consents. Any development potential should be independently assessed. The property is marketed by Colubrid in Chelmsford.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
33out of 100
Grade ELow opportunity
Confidence: MEDIUM
This detached house offers a substantial project on a generous plot, with scope to rework the dated interior and improve the neglected rear garden. The lounge/diner, older kitchen and bathroom, worn finishes across several photographed rooms, and tired outbuildings give a renovator plenty to tackle; the driveway and plot add to the appeal. The listing also raises the possibility of extensions or another dwelling, but these would need planning and site feasibility checks.
Even a workable headline price does not rescue the maths when once you include an estimated £65,000 of works on top of the asking price, spend approaches £565,000 — roughly 24% above what comparable floor area achieves locally in current condition. Hence the weak economics component — a proxy for today's market, not post-refurbishment GDV.
Key opportunities
- Rework the lounge/diner and dated interior finishes to give the three-bedroom house a more cohesive, modern feel.
- Replace the tired kitchen and bathroom as part of a substantial whole-house transformation.
- Make better use of the generous plot by clearing and improving the rear garden, hardstanding and outbuildings.
Key risks
- Worn finishes across several photographed rooms, a neglected garden and tired outbuildings point to a substantial £45,000–£85,000 programme, rather than a cosmetic refresh.
- At the asking price, purchase plus the stated renovation range totals £545,000–£585,000, already above the roughly £429,000 local-average benchmark for this floor area; this is not a forecast of renovated value.
- Roof and services condition are unverified, and any extension or additional-dwelling idea depends on planning, access and site feasibility.
- All-in spend is likely to land near £565,000 once the asking price and an estimated £65,000 of refurbishment are combined, leaving a gap of around 24% versus area norms for this sqft, so margin after refurbishment is unproven.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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£
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years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,889
Based on a loan of £375,000 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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