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Tusser Close, Witham CM8 - Image 1
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Tusser Close, Witham CM8

East of England

£270,000
Listed on 14/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
954 sqft

Description

This property presents an excellent opportunity for renovation, perfect for those looking to create a personalized family home. Cherished by a single family since its construction in the 1950s, this residence features an original Butler sink in the kitchen—a charming nod to its history. The front garden is well-kept and could potentially be transformed into additional parking space if desired. Inside, you are greeted by a spacious entrance hall that leads to a large reception room with pleasant views of the expansive garden, offering ample possibilities for outdoor family activities. The kitchen is situated towards the front of the house and includes a practical utility room that facilitates access to the garden while providing essential storage. The first floor comprises three double bedrooms, all easily accessible from the landing. The primary bedroom is generously sized with built-in wardrobes, while the second bedroom also boasts built-in storage and overlooks the serene garden. The third bedroom, though smaller, offers versatile options as a child's room or home office. Completing this level is a family bathroom equipped with necessary amenities. Externally, both front and rear gardens are present, alongside off-street parking and potential for further extension at the rear (subject to planning permission). This property is located in Rivenhall, known for its proximity to several highly rated schools and just six minutes from Witham Train Station, making it convenient for commuting. Local amenities are easily within reach, enhancing its appeal as an investment or family home.

Investment Analysis

(CM8 area)

Below Market Value

This property is priced -24.2% below area average per sq ft

-24.2%
Potential saving
This Property
£283/sq ft
Area Average
£374/sq ft
Avg Rent (weekly)
£284
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£392,056
10% above area average per sq ft
Potential ROI
+26.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (CM8)

Area prices are stable by +1.2% over the last 12 months
3 year growth: 0.1%
5 year growth: 17.3%
Investment Disclaimer: Analysis based on CM8 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

Tusser Close, Witham CM8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£989
Based on a loan of £202,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE