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Ford Lane, Alresford, CO7

East of England

£650,000

Listed on 29/04/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
2289 sqft

Description

This appealing three-bedroom semi-detached property, complete with a self-contained one-bedroom annexe, presents an excellent opportunity for those looking to invest in a versatile home. Situated on a spacious plot of around one-third of an acre, the property has undergone significant improvements by its current owners and is now ready for new occupants who may wish to further enhance its potential. The entrance hall of the home invites you in with its welcoming atmosphere, leading to a well-proportioned living room that provides a comfortable space for relaxation. Adjacent, the separate dining room is ideal for entertaining family or friends. The heart of this residence is the modern kitchen equipped with contemporary units, complemented by a utility room and boot room that add practicality and ample storage. Upstairs, you will find three generously sized bedrooms finished to a high standard alongside a modern family bathroom. A notable feature is the detached annexe which opens up various possibilities; its ground floor can serve as an office or gym, while upstairs offers additional bedroom and bathroom facilities - perfect for guests or as potential rental income (subject to necessary planning permissions). The outdoor space includes a substantial garden, recently updated and bordered by new fencing, ensuring privacy while providing ample room for families or gatherings. There’s also potential for expansion if desired (subject to planning). Parking is plentiful with a large driveway available. Additionally, the property benefits from an efficient shared biomass heating system that reduces monthly utility costs significantly. Located in a tranquil semi-rural area with direct access to scenic walking paths near the Colne Estuary, this property remains conveniently close to Colchester and Wivenhoe. Quick access to rail links to London Liverpool Street and major roads adds appeal for commuters seeking both countryside living and easy connectivity.

Investment Analysis

(CO7 area)

Below Market Value

This property is priced -19.3% below area average per sq ft

-19.3%
Potential saving
This Property
£284/sq ft
Area Average
£352/sq ft
Avg Rent (weekly)
£323
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£886,301
10% above area average per sq ft
Potential ROI
+21.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (CO7)

Area prices are falling by -4.9% over the last 12 months
3 year growth: -8.0%
5 year growth: +5.5%
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

Ford Lane, Alresford, CO7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,319
Based on a loan of £487,500 over 30 years at 3.97% 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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