
East of England
£415,000
Listed on 25/10/2026
Listed on 25/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This detached bungalow offers a useful canvas in a sought-after West Mersea location: the interiors are dated but appear usable, and the visible exterior is broadly intact. Redecoration and flooring updates are the lighter starting points, with the older kitchen and bathroom offering optional scope to modernise. The 27ft sunroom, garage, driveway and wrap-around corner plot add flexibility, while any extension, redevelopment or garage conversion would depend on permissions and feasibility.
At £415,000, the asking price is slightly below the local average per square foot, which is a positive for value. The overall opportunity is still weak: the estimated £7,000–£15,000 of works puts the midpoint purchase-plus-renovation figure just above the implied current local average, before fees or stamp duty. The plot and scope are the main attractions, rather than an obvious margin at today’s price.
None recorded.
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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.
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