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Meadow Way, Abberton, CO5

East of England

£300,000
Listed on 04/03/2026

Property Details

Bedrooms
2
Type
Detached house
Area
643 sqft

Description

Nestled in the attractive village of Abberton, this two-bedroom detached bungalow offers a promising opportunity for those looking to invest in property with significant renovation potential. The dwelling requires extensive updating throughout, providing a blank canvas for buyers eager to modernise and possibly expand (subject to planning permissions). This bungalow holds strong possibilities for transforming it into a comfortable long-term home in a desirable semi-rural environment. The interior layout includes a welcoming entrance that leads into a generous living room, which serves as the heart of the home. The kitchen is functional yet could be reimagined as an inviting kitchen/diner, enhancing the property's flow. Both bedrooms are spacious and versatile, easily adaptable to meet various lifestyle needs, while a family bathroom completes the internal configuration. Outside, the property features a garage, offering both secure parking and additional storage solutions. The surrounding outdoor space presents opportunities for landscaping and improvement tailored to individual tastes. Located in the well-regarded village of Abberton, residents enjoy scenic countryside views and proximity to Abberton Reservoir for leisure activities like walking and wildlife observation. Despite its tranquil setting, this property maintains easy access to Colchester city centre's amenities and mainline rail connections. This detached bungalow stands as an excellent investment for buyers seeking to create their ideal living space within a sought-after village locale.

Investment Analysis

(CO5 area)

Above Market Value

This property is priced +24.3% above area average per sq ft

+24.3%
This Property
£467/sq ft
Area Average
£375/sq ft
Avg Rent (weekly)
£284
Avg Yield
3.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£265,520
10% above area average per sq ft
Potential ROI
-26.2%
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
24%
Properties sold annually

Local Market Trend (CO5)

Area prices are stable by +0.4% over the last 12 months
3 year growth: -0.7%
5 year growth: +11.6%
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

Meadow Way, Abberton, 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
£1,082
Based on a loan of £225,000 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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