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Colne Springs, Ridgewell, Halstead

East of England

£365,000

Listed on 03/10/2026

The listing

Property details

Bedrooms
3
Type
Detached
Area
1151 sqft

Description

Nestled in a desirable cul-de-sac within the charming village of Ridgewell, this appealing detached family home presents an excellent opportunity for renovation and expansion. Boasting approximately 1,151 square feet of living space spread across two levels, the ground floor features a welcoming dining room, a spacious lounge, a separate kitchen, and a convenient downstairs shower room. A bright conservatory enhances the living area, providing a seamless connection to the garden. On the upper floor, you will find three generously sized double bedrooms, complemented by a family bathroom and a separate WC. The flexible layout is ideal for modern family living, while the ample outdoor space offers significant potential for enhancements and extensions, subject to obtaining the necessary planning permissions. Externally, the property includes a garage and a substantial plot, perfect for outdoor activities and gardening enthusiasts. Located in this established residential setting, Ridgewell is surrounded by picturesque countryside and offers a peaceful lifestyle. The village itself features local amenities such as schools, churches, and recreational facilities. This property represents a fantastic chance to acquire a three-bedroom detached home with considerable future potential in a sought-after rural location.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

51out of 100
Grade DWeak opportunity

Confidence: MEDIUM

This detached three-bedroom home in Ridgewell presents a solid opportunity for buyers looking to invest in a property with potential. With a guide price of £365,000, the £317/sq ft asking price is appealingly below the local average of £334/sq ft, positioning this home as a reasonable entry point in a sought-after rural village.

The property is well-located within a quiet cul-de-sac and offers a good-sized plot, which opens the door for extensions or enhancements, subject to planning permissions. While the interiors are dated and require updating, including the living areas and bedrooms, the existing good condition of the kitchen and garden adds value. However, it's worth noting that the all-in costs, including renovation, appear tight against local benchmarks, which may limit margin potential. Overall, this home offers a canvas for those interested in creating their dream space while benefiting from a desirable location.

Key opportunities

  • Scope for extension or enhancement of the existing accommodation, subject to planning permissions.
  • Good-sized garden and garage add outdoor value.
  • Opportunity to update the interiors to modern standards.

Key risks

  • Tight margin potential based on all-in costs versus local benchmarks.

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Map

Location

Colne Springs, Ridgewell, Halstead
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,379
Based on a loan of £273,750 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.

Tax

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Indicative tax based on the asking price and the options you select.

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