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Paddock Way, Wivenhoe, Colchester CO7 - Image 1
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Paddock Way, Wivenhoe, Colchester CO7

East of England

£225,000

Listed on 15/06/2026

Property Details

Bedrooms
2
Type
Detached Bungalow

Description

This two-bedroom residence, situated at the end of a quiet cul-de-sac, presents a unique opportunity for cash buyers seeking a renovation project. The property's layout includes a living room, kitchen, two bedrooms, and a shower room, all of which require modernisation. Outside, there is a garage and driveway parking alongside front and rear gardens. Its prime location allows easy access to local amenities such as shops, bus services, pubs, and the train station. Additionally, it is in close proximity to Wivenhoe's scenic waterfront and historic quayside. This property holds significant potential for investors looking to enhance its value through thoughtful renovations.

Investment Analysis

(CO7 area)
Area Average
£351/sq ft
Avg Rent (weekly)
£330
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (CO7)

Area prices are falling by -3.9% over the last 12 months
3 year growth: -6.7%
5 year growth: +6.7%
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

Paddock Way, Wivenhoe, Colchester CO7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£850
Based on a loan of £168,750 over 30 years at 4.45% 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.

Stamp Duty Calculator

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