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Gosbecks Road, COLCHESTER

East of England

£315,000
Listed on 22/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This property presents a significant investment opportunity featuring an existing semi-detached house in need of comprehensive refurbishment, situated on an expansive plot. The current residence comprises three bedrooms and multiple living spaces, but it requires substantial modernisation to reach its potential. Additionally, the land benefits from full planning permission for the construction of a new two-storey detached dwelling, allowing for further development options to increase the property's value. Located conveniently near local shopping and public transport links, this site offers not only residential comfort but also potential for additional revenue through new build opportunities. With full vacant possession, you can embark on renovations immediately and take advantage of the planning approval for further development.

Investment Analysis

(CO2 area)
Area Average
£319/sq ft
Avg Rent (weekly)
£275
Avg Yield
5.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
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

Gosbecks 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
£1,136
Based on a loan of £236,250 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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