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Turner Road, Colchester, Essex, CO4 - Image 1
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Turner Road, Colchester, Essex, CO4

East of England

£250,000
Listed on 30/03/2026

Property Details

Bedrooms
2
Type
Bungalow

Description

This two-bedroom detached bungalow presents a promising opportunity for renovation and investment, located conveniently near Colchester Hospital and the city centre. The property features an enclosed entrance porch leading to a hallway that offers access to the loft space. The generously sized lounge benefits from dual aspect windows, while the kitchen is equipped with fitted worksurfaces, cupboards, and drawers, along with an inset one-and-a-half bowl sink. There is potential to modernize the space further or reconfigure it according to personal preferences. The layout includes two ample bedrooms and a bathroom fitted with essential amenities such as a panel bath, wash hand basin, and W.C. Externally, the bungalow sits on a prominent corner plot, boasting off-road parking alongside a driveway accessible depending on vehicle size, which leads to a garage. Surrounding the home are wraparound gardens primarily laid to lawn with a patio area—ideal for outdoor enhancements or landscaping projects. Positioned within easy reach of Colchester’s vibrant offerings including shops, restaurants, and recreational facilities, as well as efficient rail connections to London Liverpool Street station, this property could be transformed into an inviting home or rental investment with strategic renovations. With mains water, drainage, gas, and electricity services already connected for immediate use or upgrade potential, this property represents a solid groundwork for anyone looking to invest in real estate in the East of England.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £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

Turner Road, Colchester, Essex, 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
£885
Based on a loan of £187,500 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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