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17/18 East Street, Colchester, Essex CO1 2TR - Image 1
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17/18 East Street, Colchester, Essex CO1 2TR

East of England

£100,000
Listed on 11/11/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This Grade II Listed property is situated on the eastern edge of the town center, presenting an excellent opportunity for renovation and investment. The building retains a significant amount of character and offers generous space, previously used as offices and an off-license, along with a flat above. While the property is in need of refurbishment, its substantial size and versatile layout suggest numerous possibilities for transformation, whether as residential units or commercial spaces, depending on planning approval. Additionally, it includes parking space—an asset that enhances its appeal. With vacant possession available upon sale, this property represents a compelling development opportunity in a location poised for growth. The competitive pricing structure also suggests that interest could be high among investors looking to capitalize on its potential. Overall, this property not only serves as a canvas for those ready to undertake a renovation project but also stands as a strategic investment in a developing area.

Investment Analysis

(CO1 area)
Area Average
£310/sq ft
Avg Rent (weekly)
£244
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (CO1)

Area prices are stable by +1.0% over the last 12 months
3 year growth: -5.7%
5 year growth: 15.4%
Investment Disclaimer: Analysis based on CO1 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

17/18 East Street, Colchester, Essex CO1 2TR
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£366
Based on a loan of £75,000 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