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Victory Road, West Mersea CO5 - Image 1
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Victory Road, West Mersea CO5

East of England

£375,000
Listed on 10/05/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1162 sqft

Description

This three-bedroom Victorian semi-detached home presents an exciting opportunity for renovation and investment. With its classic architectural details, including high ceilings and decorative fireplaces, this property offers a solid foundation for anyone looking to restore or modernize its charm. Upon entry, the hallway leads to a spacious living room flooded with natural light, setting the stage for both relaxation and social gatherings. The adjoining kitchen diner features generous space that invites culinary development and family dining experiences, ideal for those who love to cook or entertain. The upper level reveals three well-sized bedrooms that capture the essence of the home's historical character. The master bedroom is notably spacious, providing a comfortable retreat, while the additional two bedrooms can cater to various needs—be it accommodating family members, guests, or transforming into a home office. A well-appointed family bathroom completes the upstairs layout. One of the key highlights of this property is its expansive back garden. This outdoor space not only enhances the home’s appeal but also holds significant potential for landscaping or development projects, allowing future owners to create an outdoor oasis tailored to their preferences. Situated in a desirable neighborhood, this Victorian house benefits from proximity to local amenities, respected schools, and efficient transport links. The combination of original features and strategic location makes it an attractive prospect for those seeking a project that balances heritage with modern living—a perfect canvas for personal touch or investment opportunity.

Investment Analysis

(CO5 area)

Below Market Value

This property is priced -13.7% below area average per sq ft

-13.7%
Potential saving
This Property
£323/sq ft
Area Average
£374/sq ft
Avg Rent (weekly)
£282
Avg Yield
3.6%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£478,175
10% above area average per sq ft
Potential ROI
+19.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CO5)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -1.1%
5 year growth: 13.9%
Investment Disclaimer: Analysis based on CO5 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

Victory Road, West Mersea CO5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,374
Based on a loan of £281,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE