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Station Road, Wakes Colne, Colchester, Essex, CO6

East of England

£450,000
Listed on 11/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This detached chalet-style bungalow presents a compelling opportunity for renovation and investment. Built in the 1950s, the property has remained in the same family for over half a century and offers significant potential for modernization and improvement. With three bedrooms, the layout includes a welcoming entrance hallway, a spacious sitting room measuring 14'1" x 11'10", a dining room of 11' x 9'11", and a kitchen/breakfast room that invites creative redesign. The ground floor features a family bathroom and a conveniently located bedroom, while the first floor hosts two additional double bedrooms (measuring 11'11" x 10'5" and 11'10" x 9'9"). The home is situated on an elevated plot of approximately 0.25 acres, surrounded by well-maintained lawns at both the front and rear. Additional features include a double-length garage, summer house, workshop, and various sheds that could be repurposed or upgraded to enhance usability. A side driveway provides off-road parking for multiple vehicles. Located in the quaint village of Wakes Colne, this property enjoys proximity to local amenities including a village shop/post office, primary school, public house, and easy access to Chappel & Wakes Colne Railway Station. This convenient location offers rural charm while being well-connected for commuting purposes. Current services include mains electricity, water, and drainage along with heating provided by an oil-fired boiler. Broadband availability boasts ultrafast speeds up to 1000 Mbps according to recent Ofcom data—ideal for today’s digital needs. This property’s mix of original character and potential gives it significant appeal as an investment or renovation project. Prospective buyers are encouraged to explore the possibilities that this charming home presents while considering its advantageous location in a friendly community setting.

Investment Analysis

(CO6 area)
Area Average
£361/sq ft
Avg Rent (weekly)
£328
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (CO6)

Area prices are rising by +3.0% over the last 12 months
3 year growth: -4.2%
5 year growth: 5.5%
Investment Disclaimer: Analysis based on CO6 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

Station Road, Wakes Colne, Colchester, Essex, CO6
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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
£1,648
Based on a loan of £337,500 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