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Alexandra Road, Colchester, Essex, CO3

East of England

£180,000
Listed on 13/03/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
701 sqft

Description

This three-bedroom Victorian terraced house presents a promising opportunity for those looking to invest in a refurbishment project. Situated to the south of Colchester, the property benefits from proximity to Abbey Fields and the bustling city centre, known for its diverse fabric of shops, restaurants, and bars. Internally, the home is ripe for renovation, requiring updates throughout its layout which includes two reception rooms, a kitchen with ground-floor bathroom facilities, and three bedrooms on the first floor—with bedroom three accessible through bedroom two. The courtyard-style rear garden offers potential for outdoor enhancements. This property is well-suited as a first-time buy or as an investment venture for those willing to undertake modernisation. An early viewing is encouraged to fully appreciate the scope available.

Investment Analysis

(CO3 area)

Below Market Value

This property is priced -28.3% below area average per sq ft

-28.3%
Potential saving
This Property
£257/sq ft
Area Average
£358/sq ft
Avg Rent (weekly)
£274
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£275,977
10% above area average per sq ft
Potential ROI
+25.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (CO3)

Area prices are stable by +0.8% over the last 12 months
3 year growth: +0.4%
5 year growth: +15.1%
Investment Disclaimer: Analysis based on CO3 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

Alexandra Road, Colchester, Essex, CO3
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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
£649
Based on a loan of £135,000 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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