3-bedroom house · CM8 3NE
Listing removedListed 183 days
Opportunity summary
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About
This detached bungalow is set in the sought-after village of Wickham Bishops, the property requires modernisation and updating throughout but there is potential to extend subject to the necessary planning consents.
The property benefits from three good size bedrooms, a lounge, kitchen/breakfast room, generous rear garden, garage and off-road parking.
The entrance hall leads to all the accommodation including a good size living room which has a window to the front and feature fireplace.
The kitchen/breakfast room has a window to the rear, sink with drainer, a range of wall and base units with cupboards and drawers, integrated double oven, two storage cupboards and a coal fired central heating system.
From the kitchen is a further door leading through to an inner hall which leads to a WC and further door to the garden.
The property has three double bedrooms with built-in wardrobes and the shower room comprises a shower cubicle, low level WC and wash hand basin.
Outside The property is approached by an 'in and out' gravel driveway providing off-road parking for multiple vehicles.
The rear garden has a patio area with the remainder mainly laid to lawn with mature trees and shrubs.
There is a garage to the rear which has an up and over door to front and personal door to the side.
Location The property is located in Wickham Bishops which is a popular and attractive village situated approximately 12 miles east of Chelmsford and 16 miles south of Colchester.
Wickham Bishops is an attractive semi-rural village surrounded by open countryside and serviced by a network of villages providing a strong local community.
The area is popular for those seeking semi-rural living within commutable distance to the city being approximately 4 miles from the A12 and within 3 miles of a mainline railway station (with direct services to London Liverpool St) located in Witham.
There is a choice of schools in the area in both the public and private sector including Maldon Court Prep School, St Cedd's, New Hall and Felsted.
Additionally, excellent top-ranking grammar schools can be found in both Chelmsford and Colchester. Directions Please use postcode CM8 3NE for SatNav.
Important Information Council Tax Band – E EPC Rating - G Services - We understand that mains water, drainage and electricity are connected to the property. Tenure - Freehold Our ref - WIT260169
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 8, Wellands Close, Witham
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