
East of England
£550,000
Listed on 26/09/2026
Listed on 26/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This detached bungalow offers a spacious, usable canvas in a sought-after West Mersea setting, with the beach and waterfront close by. The interiors look clean but dated, so the light £5,000–£15,000 project is mainly about refreshing décor and flooring and putting a personal stamp on the generous living spaces. The sizeable garden, garage and driveway add to the appeal, while the substantial plot offers scope to explore further changes, subject to planning permission.
At £550,000, the asking price works out at £347/sq ft, 6.3% below the local average—a positive starting point for a project. The calculated all-in figure using the renovation midpoint is £560,000, against an implied local-average value of £587,293, leaving a 4.9% margin before stamp duty and fees; that is a relatively modest cushion, so the overall opportunity is promising rather than a clear-cut bargain.
None recorded.
Sign up to see the refurb profile, below-market value, yields, and local market trends for this and every other property that has them.
Sign up freeAlready have an account? Sign in
Create an alert and we'll notify you when similar renovation opportunities are listed.
Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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
Indicative tax based on the asking price and the options you select.
Services
Explore services to help you with this property purchase.
Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.
Nearby
Other listings you may want to compare.