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Egret Crescent, Colchester

East of England

£325,000
Listed on 11/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1540 sqft

Description

This four-bedroom detached family residence in the Longridge area of Colchester presents a significant opportunity for those looking to invest in property renovation. The home, which comes with no onward chain, is strategically located with easy access to local amenities, schools, and public transport links to Colchester's city centre and the nearby University of Essex. The ground floor features a cloakroom, a spacious dual-aspect lounge, a separate dining room, and a kitchen that opens up into a conservatory. Upstairs, you’ll find four bedrooms, including two with en-suites and an additional shower room. Externally, the property boasts an enclosed rear garden as well as off-road parking and a garage. With its potential for modernization and improvement across all areas, this property is ideal for investors or homeowners looking to create their dream living space.

Investment Analysis

(CO4 area)

Below Market Value

This property is priced -37.6% below area average per sq ft

-37.6%
Potential saving
This Property
£211/sq ft
Area Average
£338/sq ft
Avg Rent (weekly)
£324
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£572,487
10% above area average per sq ft
Potential ROI
+56.8%
After renovation
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

Egret Crescent, Colchester
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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
£1,191
Based on a loan of £243,750 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