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Athelstan Road, Colchester

East of England

£525,000
Listed on 04/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1514 sqft

Description

This three or four-bedroom detached family residence, on the market for the first time in over 46 years, offers an exciting investment opportunity. Situated in a sought-after area near Athelstan Road in Colchester, the property benefits from proximity to local schools and convenient transport links to London. This home boasts substantial space with flexible accommodation that can be tailored to your requirements. The large entrance hall welcomes you into a generous layout, featuring a living room with a bay window and fireplace, alongside a dining room and a kitchen ripe for modernization. The addition of a separate living/dining area with access to the expansive rear garden enhances its appeal for families or entertainers alike. Upstairs, you'll find two spacious double bedrooms along with a third smaller bedroom that could easily be reconfigured into a larger space. The family bathroom offers both practicality and potential for upgrades. Outside, the well-maintained gardens provide ample outdoor space with patios for leisure and entertaining, complemented by significant off-road parking options and garage access. This property is presented with no onward chain, making it an ideal canvas for those looking to invest in a home that can evolve over time while being situated in an appealing neighborhood.

Investment Analysis

(CO3 area)

Below Market Value

This property is priced -3.2% below area average per sq ft

-3.2%
Potential saving
This Property
£347/sq ft
Area Average
£358/sq ft
Avg Rent (weekly)
£286
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£596,546
10% above area average per sq ft
Potential ROI
+5.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
66%
Properties sold annually

Local Market Trend (CO3)

Area prices are rising by +2.5% over the last 12 months
3 year growth: +2.5%
5 year growth: +16.9%
Investment Disclaimer: Analysis based on CO3 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

Athelstan Road, Colchester
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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
£1,893
Based on a loan of £393,750 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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