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London Road, Lexden, Colchester, CO3 - Image 1
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London Road, Lexden, Colchester, CO3

East of England

£250,000
Listed on 29/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached house presents a valuable renovation opportunity in the popular Lexden area of Colchester. Its location boasts convenient access to local amenities, schools, and transport links, making it ideal for families or investors looking to capitalize on the area's desirability. The property requires light refurbishment throughout and features an entrance hall that leads into a lounge with a charming bay window and fireplace. The lounge transitions into a dining area with patio doors that open onto the rear garden, enhancing indoor-outdoor living. The kitchen is equipped with basic units and some integrated appliances, though modernisation may be beneficial for optimal functionality. Upstairs, you will find three well-proportioned bedrooms alongside a shower room. Outside, the property offers off-road parking at the front and a private rear garden primarily laid to lawn, creating potential for outdoor enhancements. Given its solid structure and appealing layout, this home holds significant transformation potential for those looking to invest.

Investment Analysis

(CO3 area)
Area Average
£358/sq ft
Avg Rent (weekly)
£286
Avg Yield
4.2%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
66%
Properties sold annually

Local Market Trend (CO3)

Area prices are rising by +2.5% over the last 12 months
3 year growth: +2.5%
5 year growth: +16.9%
Investment Disclaimer: Analysis based on CO3 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

London Road, Lexden, Colchester, CO3
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£902
Based on a loan of £187,500 over 30 years at 4.06% 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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