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Cambridge Road, Lexden, Colchester, Essex, CO3 - Image 1
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Cambridge Road, Lexden, Colchester, Essex, CO3 - Image 3
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Cambridge Road, Lexden, Colchester, Essex, CO3

East of England

£595,000
Listed on 18/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1400 sqft

Description

This four-bedroom detached family home, situated in a central location in Lexden, offers significant refurbishment opportunities for those looking to invest. The property boasts a generous plot with a south-facing garden, providing ample natural light and outdoor space. Upon entering, you are greeted by a porch leading into spacious living areas, including a sizable living room and an adjacent dining room that can easily accommodate family gatherings or entertaining guests. The kitchen offers a functional layout with the potential for modern upgrades, making it an ideal spot for culinary enthusiasts. A study provides additional flexibility for remote work or personal projects. The first floor features four bedrooms, all of which present the possibility for customization to suit personal tastes or family needs. The master bedroom includes an ensuite bathroom, while the remaining bedrooms share access to a well-sized family bathroom. Outside, the large garden is both secluded and walled, creating a private oasis perfect for relaxation or outdoor activities. A paved patio area enhances its usability for al fresco dining, and the established mature trees add character and charm. Additional features include off-street parking and a double garage, offering convenience and ample storage options. With no onward chain, this property not only presents a comfortable family home but also serves as an excellent investment opportunity, allowing for renovations that could significantly increase its value in this desirable community.

Investment Analysis

(CO3 area)

Above Market Value

This property is priced +17.7% above area average per sq ft

+17.7%
This Property
£425/sq ft
Area Average
£361/sq ft
Avg Rent (weekly)
£294
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£556,248
10% above area average per sq ft
Potential ROI
-12.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (CO3)

Area prices are stable by +1.0% over the last 12 months
3 year growth: 2.6%
5 year growth: 18.6%
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

Cambridge Road, Lexden, Colchester, Essex, CO3
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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
£2,180
Based on a loan of £446,250 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