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DEVELOPMENT LAND - Clacton Road, Weeley Heath, Essex - Image 1
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DEVELOPMENT LAND - Clacton Road, Weeley Heath, Essex

East of England

£1,750,000

Listed on 18/06/2026

Property Details

Bedrooms
N/A
Type
Plot

Description

Situated in the desirable rural village of Weeley Heath, this development plot presents a rare opportunity with approved planning permission for the construction of seven high-end detached family homes, complete with double garages. The proposed project includes four spacious four-bedroom homes and three five-bedroom residences, catering to modern family needs. Conveniently located just under a mile from Weeley's mainline railway station, future homeowners can enjoy direct access to London Liverpool Street. Additionally, the coastal attractions of Frinton-on-Sea and Clacton-on-Sea are both within a five-mile radius, while the historic city of Colchester lies just ten miles away. With ample square footage planned for each home—ranging from 2,696 to 2,812 square feet—this venture holds significant investment potential in an area poised for growth.

Investment Analysis

(CO16 area)
Area Average
£309/sq ft
Avg Rent (weekly)
£279
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£800,000 - £1,200,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (CO16)

Area prices are falling by -2.7% over the last 12 months
3 year growth: -10.1%
5 year growth: -2.0%
Investment Disclaimer: Analysis based on CO16 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

DEVELOPMENT LAND - Clacton Road, Weeley Heath, Essex
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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
£6,611
Based on a loan of £1,312,500 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

This calculation uses non-residential (land/commercial) tax rates.

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