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Colchester Road, Dedham, Colchester, CO7 - Image 1
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Colchester Road, Dedham, Colchester, CO7

East of England

£900,000

Listed on 05/06/2026

Property details

Bedrooms
2
Type
Detached Bungalow
Area
1142 sqft

Description

Reynbank presents a unique opportunity for those looking to develop a bespoke residence in a serene setting, offered chain-free and available for the first time in decades. This property is set within expansive grounds of 1.38 acres (0.56 hectares) and boasts an elevated position that provides pleasant views over its 120-meter rear garden. The site is bordered by mature trees, features a copse, and includes a pond, all enhancing the picturesque landscape leading into the Blackbrook valley. The existing dwelling spans 1142 square feet and can be configured as either two or three bedrooms. While the interior decor reflects an era of design that may not appeal to everyone's taste, it remains well-maintained and fully livable, making it an ideal candidate for updates or renovations. Additionally, there is a detached single garage along with generous parking space at the front. The true potential lies in the opportunity to apply for planning permission to replace the current structure with a modern two-storey home, given the size of neighboring properties and local precedents suggesting such developments could be feasible. The new construction would benefit from ample frontage and scenic views across its own grounds. Located just half a mile from Dedham village centre yet insulated from the summer crowds along the riverside, this property offers tranquility without sacrificing convenience. The charming village features essential amenities including a Co-op store, various pubs, restaurants, and notable architecture. Proximity to Colchester (about five miles) and Manningtree’s mainline station (approximately three miles) enhances accessibility to London in around 60 minutes. Connected to mains water and electricity with an oil-fired central heating system and private sewerage, Reynbank falls under Council Tax Band F with Colchester City Council.

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Investment analysis

(CO7 area)

Above Market Value

This property is priced +124.5% above area average per sq ft

+124.5%
This Property
£788/sq ft
Area Average
£351/sq ft
Avg Rent (weekly)
£330
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Target Value
£440,926
10% above area average per sq ft
Potential ROI
-55.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (CO7)

Area prices are falling by -3.9% over the last 12 months
3 year growth: -6.7%
5 year growth: +6.7%
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

Colchester Road, Dedham, Colchester, CO7
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£3,400
Based on a loan of £675,000 over 30 years at 4.45% 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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