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King George Road, Colchester

East of England

£300,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1578 sqft

Description

This spacious semi-detached home features four bedrooms and is located within a mile of the city centre and Colchester's train station, providing convenient access to amenities and schools. The property presents a promising renovation opportunity, particularly for those looking to modernize and enhance its family living potential. Upon entering, you are greeted by an entrance hall leading to a sizable lounge with a charming bay window and log burner. The kitchen is generously sized yet in need of upgrading, flowing into a dining room bathed in natural light from skylights. A conservatory further extends the living space, making it ideal for family gatherings. The ground floor also includes a utility room and a fourth bedroom, alongside a bathroom that requires modernization. Upstairs, the first floor offers three more bedrooms—each with unique characteristics—and a shower room that could benefit from refurbishment. Outside, the property boasts off-street parking and a large rear garden enclosed by fencing, providing ample outdoor space ready for landscaping or extension possibilities. This home is being sold with no onward chain, making it an attractive option for investors or families eager to create their dream residence.

Investment Analysis

(CO2 area)

Below Market Value

This property is priced -40.2% below area average per sq ft

-40.2%
Potential saving
This Property
£190/sq ft
Area Average
£318/sq ft
Avg Rent (weekly)
£283
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£551,724
10% above area average per sq ft
Potential ROI
+62.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CO2)

Area prices are stable by +0.8% over the last 12 months
3 year growth: 4.2%
5 year growth: 22.6%
Investment Disclaimer: Analysis based on CO2 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

King George Road, 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
£1,099
Based on a loan of £225,000 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