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East Hill, Colchester

East of England

£700,000
Listed on 28/02/2026

Property Details

Bedrooms
5
Type
Detached house
Area
2317 sqft

Description

This charming former rectory, built circa 1870, is set on approximately 0.32 acres behind private gates in Colchester, presenting a unique opportunity for renovation enthusiasts or investors. Spanning over three floors and offering over 2,000 square feet of living space, the property features three sizable reception rooms, a separate kitchen and utility area, alongside four double bedrooms and one single. With its substantial layout and period character, this home invites transformation into a modern family residence while retaining its historic charm. Upon entering, you're greeted by a welcoming hall that leads to the spacious ground floor areas. The front of the house showcases a bright reception room accompanied by another generous sitting area. A lobby transitions to an expansive kitchen/breakfast room, complemented by a pantry and utility room—ideal for reimagining contemporary living spaces. A versatile third reception room adds potential for a dining area or home office based on your needs. The first floor hosts five well-sized bedrooms along with a bathroom. Additionally, the top floor features two large loft rooms and ample attic space that could be converted for various uses subject to necessary approvals. Outside, the property boasts a substantial rear garden primarily laid to lawn and bordered by mature trees that offer privacy—a blank canvas for landscaping ideas or outdoor entertaining. Situated close to Colchester town centre and local amenities such as shops and schools—this home is centrally located while being tucked away in a serene setting.

Investment Analysis

(CO1 area)

Below Market Value

This property is priced -1.0% below area average per sq ft

-1.0%
Potential saving
This Property
£302/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£240
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£777,608
10% above area average per sq ft
Potential ROI
-2.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (CO1)

Area prices are stable by +1.2% over the last 12 months
3 year growth: -7.9%
5 year growth: +12.5%
Investment Disclaimer: Analysis based on CO1 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

East Hill, 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
£2,525
Based on a loan of £525,000 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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