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Woodfield Drive, West Mersea, Colchester, Essex CO5 - Image 1
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Woodfield Drive, West Mersea, Colchester, Essex CO5 - Image 3

Woodfield Drive, West Mersea, Colchester, Essex CO5

East of England

£325,000
Listed on 13/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1107 sqft

Description

This three-bedroom detached bungalow is situated in a serene cul-de-sac in West Mersea, presenting an excellent chance for those looking to invest in a property with substantial renovation potential. With no onward chain, it enables a seamless transition for new owners. The home features three spacious bedrooms, ideal for accommodating family members or guests. A family bathroom and separate W.C. enhance the practicality of the layout, while the generous lounge, highlighted by a charming fireplace, offers a cozy gathering space that receives ample natural light through patio doors leading to the rear garden. The separate kitchen awaits modernisation, providing an opportunity to tailor it to personal tastes and contemporary standards. Outdoors, there's a single garage and a large driveway that ensures parking convenience and additional storage solutions. This bungalow's location in a quiet area allows for privacy yet keeps residents within easy reach of local amenities, schools, and transport links—making it an attractive proposition for families and downsizers alike who seek comfort along the coast.

Investment Analysis

(CO5 area)

Below Market Value

This property is priced -21.5% below area average per sq ft

-21.5%
Potential saving
This Property
£294/sq ft
Area Average
£374/sq ft
Avg Rent (weekly)
£282
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£455,542
10% above area average per sq ft
Potential ROI
+24.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CO5)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -1.1%
5 year growth: 13.9%
Investment Disclaimer: Analysis based on CO5 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

Woodfield Drive, West Mersea, Colchester, Essex CO5
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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
£1,191
Based on a loan of £243,750 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