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Meeting Lane, East Mersea,

East of England

£425,000
Listed on 11/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

Nestled in the serene setting of East Mersea, this three-bedroom semi-detached cottage presents a unique opportunity for those looking to invest in a property with significant renovation potential. Set on two acres of land, the cottage is surrounded by picturesque countryside and is just a short drive from the coastline, embodying the tranquility of rural living. The home features a classic layout that includes three bedrooms, a cozy living room, a functional kitchen, and a family bathroom. While the interiors have not been updated in some time, they offer a solid base for modernization. With thoughtful renovations, this space could easily be transformed into a stylish residence that harmonizes traditional charm with contemporary comforts. A notable aspect of this property is the approved planning permission for extension. This provides an advantageous opportunity to expand the living area or reconfigure the internal layout. Prospective buyers can explore options such as creating an expansive open-plan kitchen and dining area or adding additional reception spaces—ideal for accommodating family life or hosting gatherings. The expansive grounds are another compelling feature of this property. Spanning approximately two acres, there’s ample room to pursue various outdoor activities—from gardening to smallholding, or even equestrian pursuits. The land's versatility also allows for potential outbuildings or a studio, pending any necessary planning approvals. It's worth noting that an overage agreement affects the paddocks until May 26, 2051. This stipulation means that any increase in value resulting from future planning permissions will incur a 25% charge on those paddocks. In summary, this cottage offers not only a peaceful retreat but also substantial investment potential through its renovation possibilities and generous land area—making it an appealing prospect for those ready to realize their vision of country living.

Investment Analysis

(CO5 area)
Area Average
£374/sq ft
Avg Rent (weekly)
£282
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
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

Meeting Lane, East Mersea,
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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
£1,557
Based on a loan of £318,750 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