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King George Road, Colchester

East of England

£255,000
Listed on 18/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1578 sqft

Description

This four-bedroom semi-detached family home presents a significant opportunity for renovation and enhancement. Located within one mile of Colchester city centre and the train station, it benefits from close proximity to local amenities, schools, and Abbey Fields. The property is currently in need of modernisation, making it an ideal candidate for those looking to invest in a project that can substantially increase its value. The accommodation includes a spacious lounge with a log burner and a generous kitchen that leads into the dining room, which features skylights and access to the conservatory. A utility room adds practicality to the layout, while four bedrooms offer ample space for family living. The existing bathrooms require updating, as well as various other areas throughout the home. The outdoor space comprises a sizeable garden enclosed by panel fencing, alongside off-street parking and garage facilities. Without onward chain complications, this home awaits your vision to transform it into a contemporary haven.

Investment Analysis

(CO2 area)

Below Market Value

This property is priced -49.4% below area average per sq ft

-49.4%
Potential saving
This Property
£162/sq ft
Area Average
£319/sq ft
Avg Rent (weekly)
£275
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£553,981
10% above area average per sq ft
Potential ROI
+87.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

King George 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
£920
Based on a loan of £191,250 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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