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Oakfield Drive, Straight Road, Boxted, Colchester, CO4

East of England

£475,000
Listed on 15/04/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
950 sqft

Description

This detached bungalow, known as Little Blakes, presents an intriguing opportunity for renovation and potential expansion. Nestled at the end of a private drive in the tranquil village of Boxted, this property is well-maintained and offers scenic views over surrounding farmland from its spacious grounds measuring 0.19 acres. With a total living space of 950 square feet, the bungalow includes two double bedrooms, each featuring their own en-suite facilities, alongside a dual-aspect sitting room that boasts a closed fireplace and a kitchen equipped with French doors leading to the garden. Additional functional spaces include a utility room and a separate WC. The central placement of the bungalow on the plot allows for various outdoor areas and includes a brick-built double garage with further storage above and a shed. The groundwork is laid for expansion; prior planning permissions for extensions have been granted in similar cases, making this an ideal candidate for adding a third bedroom and additional living space (subject to planning approval). Located just outside the picturesque Dedham Vale Area of Outstanding Natural Beauty yet conveniently close to Colchester, residents can enjoy both seclusion and accessibility with transport links nearby.

Investment Analysis

(CO4 area)

Above Market Value

This property is priced +47.9% above area average per sq ft

+47.9%
This Property
£500/sq ft
Area Average
£338/sq ft
Avg Rent (weekly)
£335
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£353,315
10% above area average per sq ft
Potential ROI
-32.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (CO4)

Area prices are rising by +2.5% over the last 12 months
3 year growth: +1.7%
5 year growth: +8.6%
Investment Disclaimer: Analysis based on CO4 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

Oakfield Drive, Straight Road, Boxted, Colchester, CO4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,682
Based on a loan of £356,250 over 30 years at 3.91% 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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