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Bromley Road, Colchester, CO4

East of England

£265,000
Listed on 28/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1145 sqft

Description

Situated within the desirable Parsons Heath neighborhood, this three-bedroom semi-detached property presents a spacious layout and generous outdoor area, perfect for families or investors looking to make their mark. With convenient access to local schools, shops, and transport links, the home is ideally positioned for modern living. The property features a bright entrance hall leading to a large living room bathed in natural light, providing ample space for relaxation and social gatherings. The rear kitchen includes both wall and base units along with integrated appliances and opens directly to the garden, promoting seamless indoor-outdoor flow—a real asset for entertaining. Upstairs, you will find three well-sized bedrooms with potential for reconfiguration or modern design updates. Although functional, the family bathroom could be revitalized to reflect current trends. Outside, enjoy off-street parking with a private driveway and garage, alongside an easy-care garden that could be transformed into a vibrant outdoor space. This property offers great investment potential through modernization efforts that would enhance its appeal in this sought-after location.

Investment Analysis

(CO4 area)

Below Market Value

This property is priced -30.7% below area average per sq ft

-30.7%
Potential saving
This Property
£231/sq ft
Area Average
£334/sq ft
Avg Rent (weekly)
£326
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£420,862
10% above area average per sq ft
Potential ROI
+45.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
47%
Properties sold annually

Local Market Trend (CO4)

Area prices are rising by +4.5% over the last 12 months
3 year growth: +3.9%
5 year growth: +12.9%
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

Bromley Road, Colchester, CO4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£956
Based on a loan of £198,750 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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