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69, Greenstead Road, Colchester, Essex CO1 2SY - Image 1
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69, Greenstead Road, Colchester, Essex CO1 2SY

East of England

£375,000
Listed on 05/03/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1285 sqft

Description

This property features a spacious four-bedroom detached Victorian house, set on an expansive plot of approximately 0.5 acres with significant development potential, subject to necessary planning permissions. The home boasts numerous original characteristics such as five fireplaces, leaded and stained glass windows, and decorative plasterwork, although it requires extensive renovation to restore it to its former glory. The roof has been recently replaced at the front, offering a solid starting point for further improvements. Additionally, the rear garden is notably large (approximately 215ft by 115ft), currently cleared but in need of considerable landscaping. The property is ideally located near Hythe Rail Station and close to Colchester’s amenities and the University of Essex, making it a compelling investment opportunity for both residential restoration and future development.

Investment Analysis

(CO1 area)

Below Market Value

This property is priced -4.3% below area average per sq ft

-4.3%
Potential saving
This Property
£292/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£240
Avg Yield
5.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£431,259
10% above area average per sq ft
Potential ROI
-17.9%
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

69, Greenstead Road, Colchester, Essex CO1 2SY
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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
£1,352
Based on a loan of £281,250 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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