Three-bed Essex bungalow is up for grabs for £1.1million
- Three-bed bungalow is within the fascinating Essex village of Matching Green
- Property extends throughout 1,465 sq. toes and is on the market for £1.1million
- Bungalow sits in an acre of established gardens with countryside views
A 3-bedroom bungalow in one of many ‘prettiest villages’ in Essex is up for grabs for £1.1million.
The property extends throughout an space of 1,465 sq. toes, which features a single open-plan residing space in addition to the three bedrooms and an entrance hallway.
If the asking worth is achieved, it could equate to the customer paying a punchy worth of round £750 per sq. foot for the bungalow within the village of Matching Green.
That compares to a mean worth of £331 per sq. foot for the everyday dwelling in Britain, in response to knowledge from TwentyEA – and even greater than the typical of £724 seen in interior London.
The indifferent three-bedroom bungalow is being offered with a information worth of £1.1million by way of Mullucks property brokers
The property itself extends throughout an space of 1,465 sq. toes, which features a single open-plan residing space
However, the property does include ‘about one acre of land’ and boasts some far-reaching countryside views.
It additionally means it might enchantment to builders who might search to construct a a lot massive new property – or properties – on the land, topic to planning permissions.
The indifferent property is on Watery Lane in Matching Green and is known as The Brewhouse.
The property sits in about an acre of land and boasts some far-reaching countryside views
The bungalow within the village of Matching Green has a big open-plan residing space
The Brewhouse was initially a constructing that was a part of close by Watermans End Farmhouse, a late sixteenth century listed property.
The transformed bungalow is now well-screened from that farmhouse by a longtime evergreen hedge.
The Brewhouse was transformed for the current proprietor a couple of decade in the past and been designed to a excessive commonplace.
There is a kitchen with built-in home equipment and the primary residing house that’s virtually 42 toes lengthy, which features a wooden burning range and three units of doorways that result in the terrace and backyard.
The three bedrooms embody one with an en-suite lavatory. There are two additional bathe rooms that adjoin the opposite two bedrooms.
The entrance hallway (pictured) consists of an space that serves as a ‘utility room’
The Essex property is described as being in a ‘quiet location, set again from a minor street’
Outside the gardens and grounds are nicely established with some shrub boarders and two terraces.
The property is being offered with a information worth of £1.1million by way of Mullucks property brokers.
It described the property as being in a ‘quiet location, set again from a minor street with loads of parking’.
The property is a brief stroll from the village of Matching Green, which has a restaurant and is described by the property agent as ‘thought of to be one of many prettiest Essex villages’.
It claims that the village has the most important village inexperienced in England.
Outside the gardens and grounds are nicely established with some shrub boarders and two terraces
The three bedrooms embody one with an en-suite lavatory and two different bedrooms with present rooms
This bathe room has a white suite with contrasting darkish flooring and worktops
The bungalow additionally has good entry to native transport hyperlinks, together with to the London Underground by way of Epping, which is round a 15 minute drive away.
There can be a mainline rail service from Harlow, which is 9 miles away from the property, which runs to London’s Liverpool Street.
The common worth of a property offered in Matching Green through the previous 12 months is £925,000.
It compares to a mean of £336,471 for the nation as some time, in response to Zoopla.
It is claimed that the village of Matching Green has the most important village inexperienced in England
For these trying to change the Essex bungalow on the market, North London property agent Jeremy Leaf, steered that many bungalows are purchased for longer-term redevelopment.
He defined: ‘Bungalows are very a lot briefly provide usually and subsequently in demand, each for owner-occupation and growth potential.
‘Many bungalows are purchased for longer-term redevelopment. If you have an interest on this, it’s best to converse to a planning advisor within the space to see whether or not you might be seemingly to achieve success or not.
If the reply is sure, work out roughly what you could possibly get on the plot – one huge home, a number of smaller homes or a block of flats – after which take a look at the worth you could possibly generate.
‘If you purchase one thing which does not have planning permission, then you’re looking at ‘hope’ worth – what it could be value do you have to ultimately get planning for the proposed growth, quite than precise worth for the present property.’
