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High Ongar Road, Ongar CM5

East of England

£525,000
Listed on 17/04/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
1362 sqft

Description

This property boasts a spacious driveway that accommodates multiple vehicles and is complemented by a well-kept front garden. Sunray is situated in a semi-rural locale, just over a mile from Ongar's town centre, providing easy access to various local amenities. The entrance hall leads to a bright reception room featuring a bay window and built-in shelving, creating a welcoming atmosphere. Opposite, the open-plan dining area connects seamlessly to the kitchen, which offers plenty of workspace as well as a built-in oven and hob, with direct access to the rear garden. A generously sized double bedroom with an en-suite bathroom is also located on the ground floor. Upstairs, there's another double bedroom equipped with fitted wardrobes and a family bathroom. An attached garage accompanies a substantial workshop/storage area with its own garden access. There’s notable potential for conversion or extension of the property (subject to planning permission), enhancing its value significantly. The rear garden features a sun terrace and grassy areas surrounded by mature trees and shrubs, along with a summerhouse for additional storage. The tranquil countryside setting provides lovely views and numerous walking paths nearby. Ongar itself offers an appealing selection of independent shops, cafés, pubs, and essential services, as well as reputable primary and secondary schools in proximity. Transport links are excellent with Brentwood (Elizabeth Line) and Epping (Central Line) stations just short drives away. Chelmsford City Centre is approximately 10 miles away for further conveniences including Grammar Schools.

Investment Analysis

(CM5 area)

Below Market Value

This property is priced -15.6% below area average per sq ft

-15.6%
Potential saving
This Property
£385/sq ft
Area Average
£457/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£684,153
10% above area average per sq ft
Potential ROI
+21.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (CM5)

Area prices are falling by -5.4% over the last 12 months
3 year growth: -4.8%
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

High Ongar Road, Ongar CM5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,859
Based on a loan of £393,750 over 30 years at 3.91% 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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