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Inglis Road, Lexden. Colchester

East of England

£695,000
Listed on 28/12/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This four-bedroom extended detached chalet presents a promising opportunity for renovation and investment in one of Colchester's sought-after locations. Built in the 1930s, the property features spacious accommodation with a blend of character elements that can be preserved or enhanced. The welcoming entrance leads to two bay-fronted reception rooms that boast charming features and flexibility for various uses such as a dining area or home office. In addition, there are two more versatile receptions that can serve as further living space or guest accommodations. The kitchen/breakfast room is ample, with storage potential and direct access to the garden, making it ideal for future improvements or modernisation. A converted garage offers additional possibilities for enhancement or repurposing. The first floor includes three sizeable double bedrooms and a smaller fourth room suitable for various configurations, all complemented by a modernised four-piece bathroom suite. While the home does require certain updates, it stands as an excellent investment opportunity, especially given its proximity to local amenities and schools. Offered chain-free and set on an elevated corner plot, this property is positioned well for those looking to add value through thoughtful renovations.

Investment Analysis

(CO3 area)
Area Average
£358/sq ft
Avg Rent (weekly)
£274
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (CO3)

Area prices are stable by +0.8% over the last 12 months
3 year growth: +0.4%
5 year growth: +15.1%
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

Inglis Road, Lexden. Colchester
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,507
Based on a loan of £521,250 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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