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Meadow Lane, Runwell, Wickford, Essex SS11 - Image 1
Meadow Lane, Runwell, Wickford, Essex SS11 - Image 2
Meadow Lane, Runwell, Wickford, Essex SS11 - Image 3

Meadow Lane, Runwell, Wickford, Essex SS11

East of England

£450,000
Listed on 29/03/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1349 sqft

Description

This spacious three-bedroom detached bungalow sits on a generous plot of approximately 1.45 acres, offering significant potential for both modernisation and redevelopment, subject to obtaining the necessary planning consent. Located in Runwell, this property features a large detached double garage measuring 21'4 x 19'7, ideal for storage or as a workshop. The interior includes a sizeable kitchen breakfast room (15'6 x 12'), a comfortable lounge (22'7 x 12'1), and a dining room (17'8 x 11'1), all of which require updates to maximise their appeal. With no onward chain, this represents an excellent opportunity for investors or homebuyers looking to create their dream space while being conveniently situated within walking distance of Wickford's mainline railway station and local amenities.

Investment Analysis

(SS11 area)

Below Market Value

This property is priced -18.2% below area average per sq ft

-18.2%
Potential saving
This Property
£334/sq ft
Area Average
£408/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£605,283
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
20
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (SS11)

Area prices are rising by +2.7% over the last 12 months
3 year growth: -3.7%
5 year growth: +5.1%
Investment Disclaimer: Analysis based on SS11 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

Meadow Lane, Runwell, Wickford, Essex SS11
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,594
Based on a loan of £337,500 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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