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Eastwood Drive, Highwoods, Colchester, Essex, CO4 - Image 1
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Eastwood Drive, Highwoods, Colchester, Essex, CO4

East of England

£400,000
Listed on 29/10/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This detached four-bedroom home, located in the sought-after area of Highwoods, represents a significant opportunity for those looking to invest or renovate. With three reception rooms and a conservatory, it offers ample space that can be tailored to fit modern family needs. While the property requires complete modernization, this presents a unique chance to create a personalized living space that reflects your vision. The home features an adaptable layout, including a welcoming entrance porch leading into a hallway with convenient access to various areas such as a study, lounge, and separate dining room. The kitchen is accompanied by a utility room, providing practical functionality. Upstairs, you’ll find four well-proportioned bedrooms; the master includes an en suite bathroom, while the remaining bedrooms share a family bathroom. Outside, the property boasts off-street parking courtesy of a private driveway and a detached double garage. The rear garden is enclosed and private—an ideal blank slate for landscaping or outdoor entertaining. Situated within the desirable Gilberd School catchment area and close to local amenities—including shops, public transport links to Colchester City Centre, and easy access to major roadways like the A12—this location is particularly attractive for families. The nearby Highwoods Country Park adds another layer of appeal for outdoor enthusiasts. Currently offered with no onward chain and available for immediate viewing, this property’s potential for renovation makes it an exceptional find in one of Colchester’s favored neighborhoods. Whether you're looking to develop your dream home or make an investment in an area known for its strong rental demand and community resources, this opportunity should not be overlooked.

Investment Analysis

(CO4 area)
Area Average
£338/sq ft
Avg Rent (weekly)
£324
Avg Yield
5.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
56
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (CO4)

Area prices are rising by +4.5% over the last 12 months
3 year growth: 3.6%
5 year growth: 11.4%
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

Eastwood Drive, Highwoods, Colchester, Essex, CO4
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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
£1,465
Based on a loan of £300,000 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