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Oak Piece, North Weald Bassett, Essex CM16

East of England

£489,995
Listed on 26/04/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This three-bedroom family residence in North Weald presents a promising opportunity for renovation enthusiasts. While it requires modernisation, the home features a welcoming entrance hallway, a convenient ground floor WC, and a spacious lounge perfect for family gatherings. The kitchen/dining area is well-suited for casual dining and entertaining, with potential to reconfigure for enhanced functionality. A double-length garage adds value through storage or the possibility of conversion into additional living space, subject to planning permissions. Upstairs, you’ll find three generously sized bedrooms alongside a family bathroom that can be updated to match contemporary standards. The property is set on a mature plot with a tranquil rear garden offering privacy and greenery. The front presents ample parking space thanks to a large paved driveway that leads directly to the garage with internal access. Situated centrally in North Weald, residents benefit from nearby local schools, restaurants, and everyday conveniences. The Epping Central Line station is within a short drive (under 5 minutes), while the M11 motorway can be easily reached via Harlow in approximately 7-8 minutes, ensuring good transport links. This property is sold with no onward chain, making it an ideal canvas for families aiming to personalise their living space.

Investment Analysis

(CM16 area)
Area Average
£548/sq ft
Avg Rent (weekly)
£421
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (CM16)

Area prices are falling by -8.5% over the last 12 months
3 year growth: -4.3%
5 year growth: +5.6%
Investment Disclaimer: Analysis based on CM16 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

Oak Piece, North Weald Bassett, Essex CM16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,748
Based on a loan of £367,496 over 30 years at 3.97% 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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