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Station Road, Alresford, Colchester CO7 - Image 1
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Station Road, Alresford, Colchester CO7

East of England

£355,000
Listed on 15/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1387 sqft

Description

This spacious three-bedroom detached bungalow presents an exciting opportunity for renovation and potential expansion. Conveniently located just a short stroll from local shops and the train station, this property stands back from the road in a private gated setting. While the interior requires updating, it boasts a generous kitchen/diner with a pantry, a bright lounge featuring patio doors that open to the garden, and a conservatory offering views of the mature rear garden. Each of the three double bedrooms is well-proportioned, accompanied by a family bathroom and an inviting hallway. The south-westerly facing garden is perfect for enjoying afternoon sunshine. With ample off-road parking and additional secure storage options for vehicles like boats or caravans, this property offers significant potential for those looking to create their ideal home or invest in a promising project within a prime village location. The property comes with no onward chain, allowing for a straightforward purchasing process.

Investment Analysis

(CO7 area)

Below Market Value

This property is priced -27.1% below area average per sq ft

-27.1%
Potential saving
This Property
£256/sq ft
Area Average
£351/sq ft
Avg Rent (weekly)
£300
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£535,597
10% above area average per sq ft
Potential ROI
+32.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (CO7)

Area prices are falling by +2.6% over the last 12 months
3 year growth: -4.7%
5 year growth: 11.7%
Investment Disclaimer: Analysis based on CO7 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

Station Road, Alresford, Colchester CO7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,300
Based on a loan of £266,250 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE