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Thracian Close, Colchester

East of England

£300,000
Listed on 22/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
853 sqft

Description

This three-bedroom detached house offers a blank canvas for buyers looking to undertake a comprehensive renovation. Located on the desirable Thracian Close in the Roman Site area, the property enjoys proximity to essential amenities, including reputable schools, shopping facilities, and efficient transport links. With no onward chain, this home is well-suited for those aiming for a swift move-in date. The layout features an entrance hall leading to a WC and a kitchen, while the expansive lounge/dining space includes a storage cupboard and sliding doors that open into a sunroom. This sunroom enhances connectivity with the garden through additional patio doors. Upstairs, you will find a landing with loft access and an airing cupboard complementing the three bedrooms – including one with built-in wardrobes – as well as a family bathroom. The enclosed rear garden presents both patio and lawn sections along with side access to the garage. At the front, off-road parking is available via a driveway with an up-and-over garage door. This property holds significant potential for buyers eager to invest time and resources into transforming it into their ideal family home within this popular South Colchester neighborhood.

Investment Analysis

(CO2 area)

Above Market Value

This property is priced +10.2% above area average per sq ft

+10.2%
This Property
£352/sq ft
Area Average
£319/sq ft
Avg Rent (weekly)
£275
Avg Yield
5.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£299,458
10% above area average per sq ft
Potential ROI
-21.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (CO2)

Area prices are falling by -2.8% over the last 12 months
3 year growth: +0.9%
5 year growth: +17.5%
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

Thracian Close, 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
£1,082
Based on a loan of £225,000 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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