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Wheatsheaf Court Kendall Road, COLCHESTER CO1 - Image 1
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Wheatsheaf Court Kendall Road, COLCHESTER CO1

East of England

£90,000
Listed on 31/03/2026

Property Details

Bedrooms
2
Type
Flat
Area
484 sqft

Description

Presenting a two-bedroom top-floor apartment in the heart of Colchester, this leasehold property spans 483 SQFT and offers significant renovation potential for investors and developers. The flat is currently vacant and requires modernisation, making it an excellent opportunity for those looking to create a desirable living space or a profitable buy-to-let investment. It features electric heating, communal entrances, and allocated undercover parking, adding to its appeal. Located just 1.7 miles from Colchester railway station, it benefits from access to local amenities while providing a chance for value enhancement through careful refurbishment. With a long lease term remaining, this property beckons creative transformation.

Investment Analysis

(CO1 area)

Below Market Value

This property is priced -39.4% below area average per sq ft

-39.4%
Potential saving
This Property
£186/sq ft
Area Average
£307/sq ft
Avg Rent (weekly)
£251
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£163,500
10% above area average per sq ft
Potential ROI
+42.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (CO1)

Area prices are rising by +2.2% over the last 12 months
3 year growth: -5.5%
5 year growth: +11.0%
Investment Disclaimer: Analysis based on CO1 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

Wheatsheaf Court Kendall Road, COLCHESTER CO1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£319
Based on a loan of £67,500 over 30 years at 3.91% 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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