Worst House on the Street Logo
Greystones Close, Colchester - Image 1
Greystones Close, Colchester - Image 2
Greystones Close, Colchester - Image 3
Greystones Close, Colchester - Image 4
Greystones Close, Colchester - Image 5
Greystones Close, Colchester - Image 6
Greystones Close, Colchester - Image 7
Greystones Close, Colchester - Image 8
Greystones Close, Colchester - Image 9
Greystones Close, Colchester - Image 10
Greystones Close, Colchester - Image 11

Greystones Close, Colchester

East of England

£450,000
Listed on 08/01/2026

Property Details

Bedrooms
4
Type
Detached house

Description

This spacious detached home is nestled in a quiet cul-de-sac, offering a functional layout that presents ample opportunities for renovation and enhancement. The property features four bedrooms and four reception rooms, providing versatility for various living arrangements or potential conversion into more modern open-plan spaces. The kitchen is ideally situated between the living areas, making it a focal point for both daily life and entertaining. With a bit of updating, this area could become an inviting hub. On the ground floor, there are multiple flexible spaces including a reception room that can serve as an office or playroom, along with a utility room and conveniently located WC. The dining room leads into a bright conservatory that overlooks the garden—this area could be optimized to create a stunning indoor-outdoor connection with some investment. Upstairs houses three additional bedrooms alongside shared bathroom facilities. There’s potential to modernize these areas further to meet contemporary standards or family needs. The garden offers privacy with its lawned area and patio space perfect for outdoor gatherings, while several storage sheds provide functionality that could be enhanced with some design changes. Located in the desirable Prettygate area of Colchester, this property is surrounded by local amenities and schools, making it suitable for families or investors looking to enhance its value through renovations.

Investment Analysis

(CO3 area)
Area Average
£361/sq ft
Avg Rent (weekly)
£290
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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
44%
Properties sold annually

Local Market Trend (CO3)

Area prices are rising by +2.3% over the last 12 months
3 year growth: 3.2%
5 year growth: 17.7%
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

Greystones Close, Colchester
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,648
Based on a loan of £337,500 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE