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Friars Close, Wivenhoe

East of England

£372,000
Listed on 11/10/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This four-bedroom detached home is situated in the sought-after Dene Park Development, nestled in the charming waterfront village of Wivenhoe. Positioned within a desirable catchment area for Millfield's Primary School, this property presents an excellent opportunity for renovation and investment. Upon entering, you are greeted by a spacious hallway that leads to a well-proportioned lounge, equipped with an inviting staircase that ascends to the first floor. The open-plan design flows into a dining area, which benefits from patio doors that open into a conservatory, allowing natural light to fill the space. The kitchen overlooks the rear garden, offering potential for modernization and reconfiguration to enhance family living. The first floor comprises four generously sized bedrooms that provide ample room for personal customization. A family bathroom completes this level, maintaining the home's practical layout while presenting further opportunities for enhancement. Externally, the property features off-road parking and an integrated single garage, ensuring convenience as well as extra storage options. A side gate connects to a substantial rear garden that includes a wooden shed—ideal for outdoor storage or as part of any future landscaping plans. Wivenhoe itself is known for its picturesque setting along the River Colne and is approximately three miles southeast of Colchester. The village boasts a rich array of local amenities including shops, eateries, and recreational facilities such as a sailing club and football club. The seasonal ferry service connecting Wivenhoe to Rowhedge adds to its charm, alongside direct train services to London via Colchester North. Additionally, Wivenhoe's proximity to Stansted Airport and Harwich International Port makes it an attractive locale for both residents and potential renters. With its generous living spaces, prime location, and significant scope for improvement, this property stands out as an ideal project for those looking to invest in renovations or create their own vision of home.

Investment Analysis

(CO7 area)
Area Average
£353/sq ft
Avg Rent (weekly)
£292
Avg Yield
3.4%

Renovation Potential

Est. Renovation Cost
£37,200 - £93,000
10-25% of property value
Monthly Sales
22
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (CO7)

Area prices are falling by +3.9% over the last 12 months
3 year growth: -4.3%
5 year growth: 13.7%
Investment Disclaimer: Analysis based on CO7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Friars Close, Wivenhoe
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