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Land to the Rear of 64 & 66 Blackheath, Facing Nightingale Court, Colchester, Essex, CO2 - Image 1
Land to the Rear of 64 & 66 Blackheath, Facing Nightingale Court, Colchester, Essex, CO2 - Image 2
Land to the Rear of 64 & 66 Blackheath, Facing Nightingale Court, Colchester, Essex, CO2 - Image 3

Land to the Rear of 64 & 66 Blackheath, Facing Nightingale Court, Colchester, Essex, CO2

East of England

£250,000
Listed on 09/07/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property offers a unique residential development opportunity on approximately 0.33 acres (0.13 Ha) in an area with lapsed planning consent for the construction of two pairs of semi-detached two-bedroom houses. The site is currently overgrown, featuring various shrubs and trees, including a protected oak tree, providing a blank canvas for redevelopment. The location benefits from easy access to local amenities in Blackheath, such as shops and supermarkets, while also being well-connected to the city centre and major road networks including the A12. This parcel of land, which formerly comprised part of residential gardens, is surrounded by established homes and open countryside, creating a desirable setting for future development. Investors should explore the potential for reapplying for planning consent or considering alternative projects on this site adjacent to Nightingale Court.

Investment Analysis

(CO2 area)
Area Average
£319/sq ft
Avg Rent (weekly)
£276
Avg Yield
5.3%

Renovation Potential

Medium 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
43
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (CO2)

Area prices are stable by -1.7% over the last 12 months
3 year growth: +0.2%
5 year growth: +16.9%
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

Land to the Rear of 64 & 66 Blackheath, Facing Nightingale Court, Colchester, Essex, CO2
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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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