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Paddock Way, Wivenhoe, Colchester, CO7 - Image 1
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Paddock Way, Wivenhoe, Colchester, CO7

East of England

£225,000

Listed on 10/06/2026

Property Details

Bedrooms
2
Type
Detached Bungalow

Description

This two-bedroom property, located at the end of a quiet cul-de-sac, presents a significant opportunity for cash buyers interested in renovation projects. While currently in need of updating, the home's layout includes a living room, kitchen, two bedrooms, and a shower room. The outdoor space features both front and rear gardens along with a garage and driveway parking. Situated conveniently close to local amenities such as shops, bus routes, pubs, and the train station, this home is just a short distance from Wivenhoe's scenic waterfront and historic quayside. This setting offers immense potential for value enhancement through thoughtful renovations.

Investment Analysis

(CO7 area)
Area Average
£351/sq ft
Avg Rent (weekly)
£330
Avg Yield
4.2%

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
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

Paddock Way, Wivenhoe, 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
£850
Based on a loan of £168,750 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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