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Colne Park Road, White Colne, Colchester, CO6 2PL - Image 1
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Colne Park Road, White Colne, Colchester, CO6 2PL

East of England

£240,000
Listed on 08/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
688 sqft

Description

This two-bedroom semi-detached home is situated in a picturesque area, boasting off-road parking and a sizable garden complete with an outbuilding. While the property is currently in need of extensive renovation, it presents an excellent chance for investors or buyers to enhance its value. With no onward chain, the home offers a blank canvas that can be tailored to your vision, potentially allowing for extensions pending the necessary planning approvals. The ground floor features a roomy lounge and a functional kitchen/dining space, while the upper level includes two generously-sized double bedrooms equipped with built-in storage and a family bathroom. This property is ripe for transformation into a modern living space.

Investment Analysis

(CO6 area)

Below Market Value

This property is priced -4.4% below area average per sq ft

-4.4%
Potential saving
This Property
£349/sq ft
Area Average
£365/sq ft
Avg Rent (weekly)
£314
Avg Yield
3.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£276,081
10% above area average per sq ft
Potential ROI
-8.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
38%
Properties sold annually

Local Market Trend (CO6)

Area prices are rising by +5.2% over the last 12 months
3 year growth: -2.5%
5 year growth: 4.8%
Investment Disclaimer: Analysis based on CO6 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

Colne Park Road, White Colne, Colchester, CO6 2PL
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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
£879
Based on a loan of £180,000 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