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The Street, SALCOTT

East of England

£190,000
Listed on 18/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
598 sqft

Description

This semi-detached cottage offers a unique opportunity for renovation and investment, positioned within walking distance of the scenic sea wall. The property features two spacious double bedrooms, a ground-floor bathroom, a lounge, and an open kitchen-dining area. While the interior requires modernisation, it presents a blank canvas for those looking to infuse their personal touch and style. The outdoor space is a standout aspect of this property. The expansive rear garden spans approximately 154 feet, providing ample room for landscaping or potential extensions (subject to planning permissions). The front garden also features a driveway measuring about 74 feet, enhancing the property's curb appeal and offering convenient off-street parking. Located in Salcott, a charming rural village in Essex, the property benefits from its serene surroundings while remaining close to local amenities in nearby towns like Colchester and Maldon. Residents can enjoy beautiful countryside walks and the natural beauty of Salcott Creek. Additionally, with good road access to Colchester, commuting into larger urban centers is straightforward for both work and leisure. Accommodation includes an entrance hall leading up to the first floor. The practical layout encompasses a well-sized kitchen that opens to the dining area, allowing for fluid interaction during meal preparations or entertaining. The lounge boasts a feature fireplace that adds character to the space. Both bedrooms are brightened by multiple windows, ensuring ample natural light throughout. This property is ideal for investors or homebuyers seeking to create value through renovation in a desirable location. Please note that this property is being sold via informal tender; interested parties should schedule viewings as advertised and submit their offers in writing by December 7th. Given its potential and location benefits, this cottage represents not just a home but an investment opportunity waiting to be realised.

Investment Analysis

(CM9 area)

Below Market Value

This property is priced -19.2% below area average per sq ft

-19.2%
Potential saving
This Property
£318/sq ft
Area Average
£393/sq ft
Avg Rent (weekly)
£360
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£258,680
10% above area average per sq ft
Potential ROI
+12.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CM9)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -2.2%
5 year growth: 13.0%
Investment Disclaimer: Analysis based on CM9 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.

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Location

The Street, SALCOTT
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