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Maraschino Crescent, Colchester

East of England

£255,000
Listed on 11/09/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom end-terrace house presents a valuable opportunity for buyers seeking a renovation project in a tranquil cul-de-sac. While it currently requires updating, the property offers substantial potential to create a modern family home. The ground floor features an entrance porch leading into a generous sitting room and a kitchen/dining area equipped with essential appliances, along with a lean-to that offers additional utility space. On the first floor, you'll find two well-proportioned double bedrooms, a smaller single bedroom, and a bathroom featuring a shower over the bath. The rear garden is fully enclosed and extends approximately 30 feet, making it suitable for family gatherings or landscaping projects. A garage and driveway are conveniently located just meters from the property. This home comes with no onward chain, allowing for a smoother transition for those ready to invest in its renewal.

Investment Analysis

(CO2 area)
Area Average
£318/sq ft
Avg Rent (weekly)
£283
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
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 (CO2)

Area prices are stable by +0.8% over the last 12 months
3 year growth: 4.2%
5 year growth: 22.6%
Investment Disclaimer: Analysis based on CO2 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

Maraschino Crescent, Colchester
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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
£934
Based on a loan of £191,250 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