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Woodfield Drive, West Mersea, Colchester, Essex, CO5

East of England

£325,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1107 sqft

Description

Set within a tranquil cul-de-sac in West Mersea, this three-bedroom detached bungalow presents an excellent opportunity for those looking to invest in a property with significant potential for renovation and personalization. With no onward chain, the transition into this home can be seamless for prospective buyers. The layout includes three spacious bedrooms, a family bathroom alongside a separate W.C., and a generous lounge area featuring a traditional fireplace that provides both charm and warmth. The lounge extends outdoors through patio doors, connecting living spaces to the rear garden for effortless entertaining. The separate kitchen is functional but awaits modern updates to enhance its utility for contemporary living. Outdoor space includes a single garage and a large driveway, ensuring ample parking and storage solutions. Positioned close to local amenities, schools, and transport links, this bungalow strikes an appealing balance between peace and accessibility—ideal for families or anyone seeking a coastal lifestyle with the added benefit of renovation potential.

Investment Analysis

(CO5 area)

Below Market Value

This property is priced -22.0% below area average per sq ft

-22.0%
Potential saving
This Property
£294/sq ft
Area Average
£376/sq ft
Avg Rent (weekly)
£272
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£458,221
10% above area average per sq ft
Potential ROI
+25.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (CO5)

Area prices are stable by -1.7% over the last 12 months
3 year growth: -2.6%
5 year growth: +11.4%
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

Woodfield Drive, West Mersea, Colchester, Essex, CO5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,172
Based on a loan of £243,750 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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