Worst House on the Street Logo
Pondfield Road, Colchester, Essex, CO4 - Image 1
Pondfield Road, Colchester, Essex, CO4 - Image 2
Pondfield Road, Colchester, Essex, CO4 - Image 3
Pondfield Road, Colchester, Essex, CO4 - Image 4
Pondfield Road, Colchester, Essex, CO4 - Image 5
Pondfield Road, Colchester, Essex, CO4 - Image 6
Pondfield Road, Colchester, Essex, CO4 - Image 7
Pondfield Road, Colchester, Essex, CO4 - Image 8
Pondfield Road, Colchester, Essex, CO4 - Image 9

Pondfield Road, Colchester, Essex, CO4

East of England

£650,000

Listed on 17/07/2026

Property details

Bedrooms
1
Type
Detached House

Description

This property presents a unique investment opportunity, featuring six self-contained two-bedroom maisonettes housed within a well-structured building. Each unit offers ample living space, including two bedrooms, a living area, kitchen, and bathroom facilities. While the property currently requires substantial modernization, this also means there is considerable potential for value enhancement through refurbishment. By upgrading the building and improving the communal gardens, investors can significantly boost rental yields and increase overall capital value. Located in a well-connected area with easy access to local amenities and transport links, this multi-unit freehold represents an attractive prospect for developers looking to implement effective asset management strategies. Viewings are strongly encouraged to truly appreciate the scope of potential this investment holds.

Investment analysis

(CO4 area)
Area Average
£338/sq ft
Avg Rent (weekly)
£323
Avg Yield
5.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (CO4)

Area prices are rising by +3.7% over the last 12 months
3 year growth: +1.3%
5 year growth: +8.2%
Investment Disclaimer: Analysis based on CO4 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

Pondfield Road, Colchester, Essex, CO4
Loading map...

Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,456
Based on a loan of £487,500 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.