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Acacia Avenue, Colchester, CO4

East of England

£290,000
Listed on 18/03/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

Located in the sought-after Greenstead district of Colchester, this spacious three-bedroom semi-detached residence presents significant potential for renovation and investment. Set upon a generously sized plot, the property features an expansive rear garden and a versatile brick-built outbuilding equipped with power and its own WC, providing opportunities for conversion into a home office, workshop, studio, or even a self-contained annex (subject to planning permissions). Inside, the home welcomes you with a roomy entrance hall that leads to a bright lounge at the front – an inviting space for relaxation or socializing. At the rear, the kitchen/diner stretches across the width of the house, offering ample room for family dining and direct access to the garden. It is fitted with a broad selection of wall and base units along with sufficient worktop space for all your culinary needs. The first floor comprises three well-sized bedrooms: two comfortable doubles and one single that could serve as a nursery or home office. The arrangement includes a family bathroom alongside a separate WC, catering effectively to daily living. Externally, driveway parking accommodates two vehicles comfortably while the extensive rear garden stands out as an excellent feature; ideal for families or those keen on extending their living space in the future. This property benefits from excellent transport links to Colchester city centre and easy access to major routes including the A12. It's also within walking distance of reputable primary and secondary schools, making it appealing for families. The proximity to local amenities such as shops and leisure facilities enhances its attractiveness for both homeowners and investors looking for rental opportunities in this vibrant area.

Investment Analysis

(CO4 area)
Area Average
£338/sq ft
Avg Rent (weekly)
£335
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (CO4)

Area prices are rising by +2.5% over the last 12 months
3 year growth: +1.7%
5 year growth: +8.6%
Investment Disclaimer: Analysis based on CO4 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

Acacia Avenue, Colchester, CO4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,027
Based on a loan of £217,500 over 30 years at 3.91% 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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