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Acacia Avenue, Colchester, CO4

East of England

£290,000
Listed on 24/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

Situated in the desirable Greenstead area of Colchester, this three-bedroom semi-detached property presents a valuable opportunity for renovation and investment. It occupies an expansive plot featuring a substantial rear garden and a versatile brick-built outbuilding equipped with power and a WC, making it an excellent candidate for various uses such as a home office or potential annex (subject to planning permission). The property's entrance hall leads to a well-lit lounge, perfect for relaxing or hosting guests. The rear of the home showcases a spacious kitchen/diner that spans the width of the house, complete with ample storage and workspace. Direct access to the sizeable rear garden enhances its family-friendly appeal. On the first floor, you will find three adequately-sized bedrooms—two doubles and a single—ideal for families or those seeking space for an office or nursery. The layout allows for creative renovations that suit individual preferences while enhancing living space. Outside, there is convenient driveway parking for two cars and an impressive garden area, ripe for extending opportunities (contingent on planning approval). This property is strategically located close to public transport links to Colchester city centre, A12 access, and Hythe Train Station—all facilitating easy commutes to London. Additionally, several reputable schools are within walking distance, making it attractive for families. The proximity to the University of Essex adds vibrancy and potential rental appeal. With local amenities including shops, cafes, parks, and leisure options nearby, this home offers significant scope for improvement that can ultimately enhance value—making it suitable for families or investors alike.

Investment Analysis

(CO4 area)
Area Average
£334/sq ft
Avg Rent (weekly)
£326
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
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

Acacia Avenue, 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
£1,046
Based on a loan of £217,500 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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