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Station Road, Wakes Colne, Colchester, Essex, CO6 - Image 1
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Station Road, Wakes Colne, Colchester, Essex, CO6

East of England

£450,000
Listed on 06/02/2026

Property Details

Bedrooms
3
Type
Detached house

Description

This detached chalet-style bungalow, built in the 1950s, presents a promising opportunity for renovation and enhancement. Located within a short walk of the Village train station, this three-bedroom home has remained in the same family for over half a century, signifying both its charm and potential. The interior offers a sizable entrance hallway, sitting room, dining room, kitchen/breakfast room, family bathroom, and one ground-floor bedroom, with two additional double bedrooms upstairs. Set on an elevated plot of 0.25 acres, the property features well-maintained gardens at both the front and rear, alongside useful outbuildings including a double-length garage, workshop, summer house, and various sheds. Ample off-road parking is available via a side driveway. While some updates are needed to bring this home into contemporary standards, its layout and location make it a valuable investment for those looking to modernise or extend. Local amenities in Wakes Colne include shops and schools, with vital services like electricity and water already connected.

Investment Analysis

(CO6 area)
Area Average
£365/sq ft
Avg Rent (weekly)
£315
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
46%
Properties sold annually

Local Market Trend (CO6)

Area prices are rising by +5.0% over the last 12 months
3 year growth: -3.5%
5 year growth: +3.2%
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

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,623
Based on a loan of £337,500 over 30 years at 4.06% 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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