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Flat 15 Wheatsheaf Court, Kendall Road, Colchester, Essex, CO1 2BU - Image 1
Flat 15 Wheatsheaf Court, Kendall Road, Colchester, Essex, CO1 2BU - Image 2
Flat 15 Wheatsheaf Court, Kendall Road, Colchester, Essex, CO1 2BU - Image 3
Flat 15 Wheatsheaf Court, Kendall Road, Colchester, Essex, CO1 2BU - Image 4
Flat 15 Wheatsheaf Court, Kendall Road, Colchester, Essex, CO1 2BU - Image 5
Flat 15 Wheatsheaf Court, Kendall Road, Colchester, Essex, CO1 2BU - Image 6
Flat 15 Wheatsheaf Court, Kendall Road, Colchester, Essex, CO1 2BU - Image 7
Flat 15 Wheatsheaf Court, Kendall Road, Colchester, Essex, CO1 2BU - Image 8
Flat 15 Wheatsheaf Court, Kendall Road, Colchester, Essex, CO1 2BU - Image 9
Flat 15 Wheatsheaf Court, Kendall Road, Colchester, Essex, CO1 2BU - Image 10
Flat 15 Wheatsheaf Court, Kendall Road, Colchester, Essex, CO1 2BU - Image 11
Flat 15 Wheatsheaf Court, Kendall Road, Colchester, Essex, CO1 2BU - Image 12
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Flat 15 Wheatsheaf Court, Kendall Road, Colchester, Essex, CO1 2BU

East of England

£90,000
Listed on 29/03/2026

Property Details

Bedrooms
2
Type
Apartment
Area
484 sqft

Description

This top-floor, two-bedroom leasehold apartment in central Colchester presents an excellent opportunity for those looking to invest. Spanning approximately 483 sq ft, the property offers vacant possession and is primed for modernisation, making it an appealing prospect for investors and developers seeking to enhance its value significantly. With electric heating and allocated undercover parking, this space could be transformed into a desirable buy-to-let or resale asset once renovated. The property features a living room, kitchen, bathroom, and two bedrooms. Located just 1.7 miles from Colchester railway station, it benefits from an accessible position in a vibrant area. The lease runs for 125 years beginning on 29 September 1986 and the EPC rating stands at D, indicating potential energy improvements for future occupants.

Investment Analysis

(CO1 area)

Below Market Value

This property is priced -39.1% below area average per sq ft

-39.1%
Potential saving
This Property
£186/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£240
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£162,435
10% above area average per sq ft
Potential ROI
+41.2%
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

Flat 15 Wheatsheaf Court, Kendall Road, Colchester, Essex, CO1 2BU
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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
£325
Based on a loan of £67,500 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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