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Adelaide Drive

East of England

£250,000
Listed on 06/03/2026

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom terraced house, located in the sought-after CO2 area of Colchester, presents a notable opportunity for potential homeowners and investors alike. While it has undergone some recent renovations—including a fresh coat of paint and exposed floorboards—it currently serves as a blank canvas for those looking to personalize their living space over time. The versatile layout is well-adapted to contemporary lifestyles, making it suitable for families or individuals seeking to infuse their own style into the property gradually. The home features WiFi-controlled electric heating, promoting efficient energy management and comfort. Outside, the private rear garden provides an inviting area for relaxation or entertaining, complemented by a garage that offers additional storage or secure parking. Strategically positioned off Mersea Road, this property is conveniently close to local amenities such as shops and eateries, with the bustling Colchester city centre just a short distance away, boasting varied shopping and dining options. Families will appreciate the proximity to reputable schools like Old Heath Community Primary School and The Thomas Lord Audley School. With good transport links via mainline rail services from Colchester Town railway station and easy access to major roads like the A12, commuting to London Liverpool Street and beyond is hassle-free. Previously rented out, this property holds solid investment prospects while offering a straightforward foundation for buyers keen on enhancing its value through thoughtful renovations.

Investment Analysis

(CO2 area)
Area Average
£319/sq ft
Avg Rent (weekly)
£276
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (CO2)

Area prices are stable by -1.7% over the last 12 months
3 year growth: +0.2%
5 year growth: +16.9%
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

Adelaide Drive
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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
£902
Based on a loan of £187,500 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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