4 Bed Detached House, Single Let, Colchester, CO5 9SR, £475,000

17 Watermill Road, Colchester, Essex, CO5 9SR - 6 months ago

Sold STC
BTL
101 m²
+17 photos

ValuationOvervalued

Sold Prices£360K - £750K
Sold Prices/m²£2.5K/m² - £5.4K/m²

 

 

Square Metres

101.40 m²
Price/m²£4.7K/m²

Value Estimate

£353,721

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£118,750

Stamp Duty & Legal Fees

£26,700

Total Cash In

£145,450

 

 

Cash Out

 

Rent Range

£795 - £2,250

Rent Estimate

£950

Running Costs/mo

£1,694

Cashflow/mo

£-744

Cashflow/yr

£-8,932

Gross Yield

2%

Local Sold Prices

25 sold prices from £360K to £750K, average is £475K. £2.5K/m² to £5.4K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£407K04/210.03 mi25, Watermill Road, Feering, Colchester, Essex CO5 9SR4
£450K11/200.07 mi24, Millers Mead, Feering, Colchester, Essex CO5 9SS4
£485K06/230.07 mi6, Millers Mead, Feering, Colchester, Essex CO5 9SS4
£360K12/200.14 mi7, Packe Close, Feering, Colchester, Essex CO5 9LP4
£390K06/210.2 mi11, Sherwood Way, Feering, Colchester, Essex CO5 9LJ4
£380K02/210.2 mi30, Sherwood Way, Feering, Colchester, Essex CO5 9LJ4
£415K03/210.2 mi1, Hunt Close, Feering, Colchester, Essex CO5 9LN4
£515K04/210.27 miSoccavo, Coggeshall Road, Feering, Colchester, Essex CO5 9QR4
£430K08/210.27 mi7, Driffield Close, Feering, Colchester, Essex CO5 9LH4
£645K01/230.3 mi5, Greenways, Feering, Colchester, Essex CO5 9LZ4
£700K03/210.3 mi6, Greenways, Feering, Colchester, Essex CO5 9LZ4
£552.5K04/210.33 miConnemara, Inworth Road, Feering, Colchester, Essex CO5 9SE4
£485K11/220.33 mi21, Marshall Close, Feering, Colchester, Essex CO5 9LQ4
£530K11/200.34 miChale Cottage, Inworth Road, Feering, Colchester, Essex CO5 9SE4
£495K01/210.6 mi3, Bittern Close, Kelvedon, Colchester, Essex CO5 9PQ4
£750K11/200.63 miKerami, Coggeshall Road, Kelvedon, Colchester, Essex CO5 9NX4
£500K11/200.63 mi12, Heron Road, Kelvedon, Colchester, Essex CO5 9NE4
£735K03/210.7 miHighview House, Coggeshall Road, Kelvedon, Colchester, Essex CO5 9PE4
£440K07/210.76 mi11, Gadwall Reach, Kelvedon, Colchester, Essex CO5 9PR4
£475K05/230.79 mi16, Teal Way, Kelvedon, Colchester, Essex CO5 9PP4
£370K01/210.79 mi10, Teal Way, Kelvedon, Colchester, Essex CO5 9PP4
£400K05/210.87 mi5, Widgeon Place, Kelvedon, Colchester, Essex CO5 9LS4
£450K10/210.95 mi41, Riverside Way, Kelvedon, Colchester, Essex CO5 9LX4
£496.5K06/210.95 mi63, Riverside Way, Kelvedon, Colchester, Essex CO5 9LX4
£470K05/230.95 mi77, Riverside Way, Kelvedon, Colchester, Essex CO5 9LX4

Local Rents

43 rents from £795/mo to £2.3K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,09512/240.33 miThe Residences, Inworth Road, Feering1
£1,29512/240.33 miThe Residences, Inworth, Feering2
£1,49512/240.33 miThe Residences, Inworth Road, Feering2
£1,60012/240.35 miBarnfield, Feering, Essex4
£99903/240.62 mi-2
£1,50008/240.67 mi-2
£1,50012/240.68 miOrchard Road, Kelvedon, CO53
£79512/240.96 miHigh Street, Kelvedon, Essex1
£1,60007/241.03 mi-4
£1,27512/241.08 miHigh Street, Kelvedon, Colchester, CO53
£1,25012/241.08 miHigh Street, Kelvedon, COLCHESTER3
£1,35012/241.21 miEasterford, Kelvedon3
£1,70012/241.92 miMinikin Close, Coggeshall3
£1,70012/241.92 miMinikin Close, Coggeshall3
£1,70012/241.94 miMinikin Close, Coggeshall3
£1,70012/241.94 miMinikin Close, Coggeshall3
£1,20012/241.96 miMinikin Close, Colchester2
£2,25012/241.97 miMinikin Close, Coggeshall4
£1,10012/241.99 miBarn View, Coggeshall2
£1,70012/242 miMinikin Close, Coggeshall3
£1,70012/242.02 miThimble street, Coggeshall, colchester3
£1,70012/242.02 miThimble street, Coggeshall, colchester3
£85001/242.07 mi-2
£1,00012/242.13 miAlbert Place, Coggeshall, CO62
£80012/242.13 miDoubleday Corner, Coggeshall2
£1,12512/242.15 miWest Street, Coggeshall2
£79512/242.15 miWest Street, Coggeshall1
£1,60012/242.16 miChurch Street, Coggeshall, CO63
£90012/242.17 mi-1
£95009/242.17 mi-1
£97511/242.17 mi-2
£2,25012/242.19 miStoneham Street, Coggeshall, Colchester, Essex, CO63
£2,25012/242.19 miStoneham Street, Coggeshall3
£1,60012/242.21 miChurch Green, Coggeshall, COLCHESTER3
£2,00012/242.25 miHeathland Avenue, Tiptree4
£1,00012/242.32 miBeards Terrace, Coggeshall2
£1,40012/242.35 miEasthorpe Green, Marks Tey, Colchester, Essex, CO63
£2,20012/242.36 miThompson Gardens, Coggeshall, Colchester, Essex, CO64
£1,75001/242.39 mi-3
£1,80003/252.39 mi-3
£1,25012/242.42 miArnold Villas, Tiptree3
£79508/242.42 mi-1
£1,00012/242.42 miKeys available for immediate viewing2

Local Area Statistics

Population in CO5

28,204

Population in Colchester

214,734

Town centre distance

7.92 miles away

Nearest school

0.10 miles away

Nearest train station

0.53 miles away

 

 

Rental growth (12m)

+2%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Listed for £475,000

October 17, 2024

Sold for £249,500

2012

Sold for £249,995

2005

Sold for £235,000

2003

Sold for £111,500

1997

Floor Plans

Description

Welcome to this charming four-bedroom detached house on Watermill Road, Feering, a perfect blend of modern comfort and classic appeal.
Nestled in a peaceful and sought-after location, this home offers ample space for family living with the added luxury of off-road parking for 2-3 vehicles, in addition to a spacious garage.

As you step inside, you're greeted by a warm and inviting entrance hall that leads to a generously sized living room, ideal for relaxing with family or entertaining guests. The heart of the home is the modern kitchen, equipped with high-quality appliances and plenty of storage, making it a joy for any culinary enthusiast. Adjacent to the kitchen is a bright and airy dining area, perfect for enjoying meals with views of the well-maintained garden.

Upstairs, the property boasts four well-proportioned bedrooms, ensuring everyone has their own space. The master bedroom is a true retreat, complete with a stylish ensuite, providing a private sanctuary for relaxation. The additional three bedrooms are served by a contemporary family bathroom, thoughtfully designed with modern fixtures and finishes.

Outside, the property continues to impress. The garden offers a lovely outdoor space for children to play, gardening, or al fresco dining. The convenience of off-road parking for 2-3 vehicles and the added benefit of a garage provide both practicality and peace of mind.

Located in the picturesque village of Feering, this home enjoys the best of both worlds – a tranquil setting with easy access to local amenities, schools, and excellent transport links. Whether you're a growing family or looking for a spacious home in a desirable location, this property on Watermill Road is sure to tick all the boxes.

Feering is nestled in the heart of the Essex countryside, offering a peaceful, scenic environment. The village is surrounded by green fields, woodlands, and charming footpaths, making it an ideal location for those who enjoy nature, walking, and outdoor activities.
Feering has a tight-knit community with a welcoming atmosphere. The village hosts various events and activities throughout the year, such as fairs, local markets, and community gatherings, fostering a strong sense of belonging and connection among residents.
Despite its rural setting, Feering is well-connected. It is close to the A12, providing easy access to Colchester, Chelmsford, and London. The nearby Kelvedon railway station offers regular train services to London Liverpool Street, making it a great option for commuters who work in the city but prefer to live in a more tranquil environment.
Feering and the surrounding areas have several well-regarded schools, making it an appealing choice for families. The village has its own primary school, and there are excellent secondary schools in nearby towns, ensuring that children receive a high standard of education.
Feering offers a high quality of life, with its combination of natural beauty, low crime rates, and a friendly community. The village is ideal for those seeking a quieter, slower-paced lifestyle without sacrificing access to essential services and conveniences.
The village itself has essential amenities such as local shops, a post office, a village hall, and traditional pubs. Nearby Kelvedon and Colchester provide more extensive facilities, ensuring that everything you need is within easy reach.

Agent Details

The Agency UK, Covering Nationwide

020 3910 6171

Next Steps?

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