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Colchester Main Road, Alresford, Colchester, Essex, CO7 - Image 1
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Colchester Main Road, Alresford, Colchester, Essex, CO7

East of England

£800,000
Listed on 29/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
3955 sqft

Description

Nestled in the picturesque village of Alresford, Colchester, this four-bedroom detached bungalow presents a unique opportunity for renovation and investment. Set on an expansive 1.36-acre plot, the property is enveloped by well-established grounds that ensure privacy and tranquility. The sweeping gravel driveway complements the double cart lodge and offers ample parking space, while mature trees and hedging provide an unoverlooked setting, enhancing its appeal as a peaceful retreat. The interior boasts generous living spaces with potential for modernization. It features four spacious double bedrooms along with an office that can easily serve as a fifth bedroom, catering to various lifestyle needs. Additionally, the kitchen/breakfast area is both functional and spacious, equipped with modern appliances including Neff ovens and a central island – ideal for reconfiguration or upgrades. The impressive grounds include paddocks suitable for hobby farming or future development (subject to planning permission), alongside vegetable plots encouraging self-sufficiency. Three versatile outbuildings currently serve as a workshop, gym, and storage but offer further potential for creative use or conversion into additional living space. With its rural charm yet proximity to Colchester town centre and excellent transport links to London, this property holds significant promise for buyers looking to invest in renovations that align with personal taste while enhancing overall value.

Investment Analysis

(CO7 area)

Below Market Value

This property is priced -42.4% below area average per sq ft

-42.4%
Potential saving
This Property
£202/sq ft
Area Average
£351/sq ft
Avg Rent (weekly)
£300
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £90,000
Target Value
£1,527,243
10% above area average per sq ft
Potential ROI
+71.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (CO7)

Area prices are falling by +2.6% over the last 12 months
3 year growth: -4.7%
5 year growth: 11.7%
Investment Disclaimer: Analysis based on CO7 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

Colchester Main Road, Alresford, Colchester, Essex, CO7
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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
£2,931
Based on a loan of £600,000 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