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Richard Avenue, Brightlingsea

East of England

£250,000
Listed on 14/03/2026

Property Details

Bedrooms
2
Type
Detached house

Description

Nestled in a desirable location in Brightlingsea, this two-bedroom detached chalet bungalow on Richard Avenue presents an excellent opportunity for those looking to invest in a property with considerable potential. Just a short stroll away from the town centre and picturesque waterfront, the home features a lounge, separate dining room, and a spacious kitchen/breakfast room. The ground floor accommodates a double bedroom and shower room, while the master bedroom is situated on the upper floor, enhancing privacy. Outside, you’ll find a private rear garden and a driveway offering off-road parking for at least two vehicles. While the property requires modernisation, this aspect allows for customization to suit individual preferences and styles. This is an ideal project for investors or homeowners who wish to create their perfect dwelling in one of Brightlingsea's sought-after areas.

Investment Analysis

(CO7 area)
Area Average
£353/sq ft
Avg Rent (weekly)
£310
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (CO7)

Area prices are falling by -5.0% over the last 12 months
3 year growth: -8.9%
5 year growth: +7.1%
Investment Disclaimer: Analysis based on CO7 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

Richard Avenue, Brightlingsea
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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
£902
Based on a loan of £187,500 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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