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Woodfield Drive, MERSEA

East of England

£375,000
Listed on 22/01/2026

Property Details

Bedrooms
2
Type
Detached house
Area
959 sqft

Description

This detached bungalow presents a promising opportunity for renovation, ideally suited for those looking to infuse modern touches into a well-structured home. Featuring two double bedrooms, including one with built-in wardrobes, the property offers a spacious L-shaped lounge measuring 21ft6 x 15 at its widest points. Sliding doors connect the lounge to a conservatory which leads directly to a private west-facing garden, ensuring ample natural light throughout the day. The kitchen provides space for essential appliances and includes an adjoining utility-like conservatory. A modern shower room adds convenience, while exterior features include a single garage and driveway accommodating two vehicles. Located in a quiet cul-de-sac, this property is only half a mile from local amenities and close to recreational spots popular among sailing enthusiasts on Mersea Island. This home promises significant investment potential, appealing to buyers willing to undertake thoughtful updates.

Investment Analysis

(CO5 area)

Above Market Value

This property is priced +3.9% above area average per sq ft

+3.9%
This Property
£391/sq ft
Area Average
£376/sq ft
Avg Rent (weekly)
£272
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£396,959
10% above area average per sq ft
Potential ROI
-3.2%
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
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, MERSEA
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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
£1,352
Based on a loan of £281,250 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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