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1-3 London Road, Feering, Colchester, Essex, CO5 - Image 1
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1-3 London Road, Feering, Colchester, Essex, CO5 - Image 7

1-3 London Road, Feering, Colchester, Essex, CO5

East of England

£900,000
Listed on 11/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property combines the potential for residential development with a flexible layout that can cater to various investment opportunities. Originally consisting of three separate houses, the main building has been reconfigured into two stories featuring office spaces and storage areas. The internal arrangement is versatile enough to accommodate creative renovations or conversions, making it an attractive option for investors looking to maximize value. Externally, the property includes a workshop and additional outbuildings, providing further utility and storage options. With two vehicular entrances from London Road, access is convenient and efficient, creating an 'in and out' drive that enhances parking capabilities. The expansive hard-surfaced area at the rear is ideal for extensive car parking, while a landscaped lawn offers potential for outdoor use or development. Recent planning permission (granted in September 2025) allows for the transformation of the existing structure into three two-storey three-bedroom homes, along with the addition of two further two-bedroom dwellings at the back. This approval presents a significant opportunity for developers to capitalize on local housing demands, with detailed plans available upon request. Situated on the southern side of London Road in Feering, this property enjoys proximity to various amenities. It lies adjacent to Kelvedon village, which boasts a mainline railway station providing regular services between Colchester and London Liverpool Street. For broader shopping needs and leisure activities, towns such as Witham (approximately five miles away), Colchester (around nine miles), and Chelmsford (about 15 miles) are all within easy reach. The property is offered on a freehold basis, providing long-term security for potential owners or investors. Interested parties are encouraged to conduct their own due diligence regarding local council regulations and financial assessments related to this property's commercial rating and VAT implications.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
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

1-3 London Road, Feering, Colchester, Essex, CO5
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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
£3,297
Based on a loan of £675,000 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