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Parkwood Avenue, Wivenhoe, Colchester, CO7 - Image 1
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Parkwood Avenue, Wivenhoe, Colchester, CO7

East of England

£500,000
Listed on 15/04/2026

Property Details

Bedrooms
3
Type
Detached

Description

Situated in the desirable Parkwood Avenue, this detached three-bedroom family residence presents a significant opportunity for renovation or expansion. The home is conveniently located near scenic woodland paths, local amenities, and public transport links. With a generous wraparound plot and ample driveway parking, the property is perfect for those looking to invest in an area with potential growth. The accommodation spans two floors and includes three bedrooms, a first-floor shower room, a living room with patio access, a kitchen fitted with essential appliances, and a conservatory that enhances the living space. The rear garden offers privacy with a patio area and lawn, while side access leads to the front. This property is being sold without any onward chain, presenting an ideal chance for buyers to add their personal touch or extend (subject to planning permissions).

Investment Analysis

(CO7 area)
Area Average
£351/sq ft
Avg Rent (weekly)
£305
Avg Yield
4.0%

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
39
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (CO7)

Area prices are falling by -5.7% over the last 12 months
3 year growth: -9.3%
5 year growth: +6.1%
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

Parkwood Avenue, Wivenhoe, Colchester, CO7
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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
£1,771
Based on a loan of £375,000 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.

Stamp Duty Calculator

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