Wade Reach, Walton on the Naze, Essex, CO14
East of England
£225,000Guide Price
Listed on 03/11/2026
Listed on 03/11/2026
The listing
Property details
Bedrooms
2Type
BungalowArea
971 sqftFeatures
- Garage
Description
This chain-free detached two-bedroom bungalow in Walton-on-the-Naze is offered through the Modern Method of Auction. The listing describes it as requiring updating and modernisation, making it a potential project for a buyer prepared to assess and carry out improvement works. It also has a garage and is situated in the seaside town of Walton-on-the-Naze.
The sale is subject to a 56-day reservation period. Buyers should review the Buyer Information Pack and be aware that a non-refundable reservation fee of 4.5% of the purchase price, subject to a minimum of £6,600 including VAT, is payable in addition to the purchase price. The listing advises buyers considering a mortgage to inspect the property and discuss it with their lender before bidding.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
77out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £225,000, this detached two-bedroom bungalow is priced at £232/sqf, around 26% below the local average—a strong entry point for a buyer looking to create value. It is chain free, has a garage and sits in a sought-after Walton-on-the-Naze location.
The work looks light: worn carpets and dated decoration show in several rooms, while the kitchen and garden offer scope for a straightforward refresh. The exterior views show no obvious major roof or structural issue. The listing uses the Modern Method of Auction; bidding can take the hammer above the guide, so the eventual price may not stay this cheap.
Key opportunities
- Refresh the dated finishes with new flooring and redecoration across the living room and bedrooms.
- Update the photographed kitchen, including addressing the unfinished-looking area beneath the sink.
- Tidy the paved and lawn areas to make better use of the rear garden; the garage adds useful practicality.
Key risks
None recorded.
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Transport
Nearest stations
Walton-on-the-Naze Rail Station
0.5 miles
Train · Walton-on-the-Naze
Frinton-on-Sea Rail Station
1.1 miles
Train · Frinton-on-Sea
Kirby Cross Rail Station
1.9 miles
Train · Kirby Cross
Thorpe-le-Soken Rail Station
4.1 miles
Train · Thorpe-le-Soken
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£919
Based on a loan of £168,750 over 30 years at 5.13% 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
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
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