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Wavell Avenue, Colchester, Essex, CO2

East of England

£400,000
Listed on 09/04/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This three-bedroom semi-detached house is set on a mature plot of approximately 1/4 of an acre in a desirable residential area, offering excellent potential for renovation and expansion. The property requires updating to maximize its appeal and functionality. Upon entry, you are welcomed by a hallway that includes built-in storage and access to the upper floor. The generously-sized dining room features a bay window, while a separate sitting room boasts a fireplace and French doors that open into a rear lean-to, leading to the expansive garden. An inner hall with additional storage and a cloakroom provides extra convenience. The kitchen is equipped with essential work surfaces, cabinetry, and dual aspect windows allowing natural light. Upstairs, the landing leads to three bedrooms—one with built-in wardrobes—and a bathroom accompanied by a separate WC. Outside, the property offers an extensive garden measuring around 240ft in depth, surrounded by established plants and trees, creating an inviting outdoor space perfect for enhancement or extension. The driveway leads to an asbestos garage and adjoining work shed. Located on a quiet no-through road yet close to local amenities and city centre attractions, this home presents an ideal opportunity for investors or homeowners looking to create their dream residence.

Investment Analysis

(CO2 area)
Area Average
£320/sq ft
Avg Rent (weekly)
£282
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (CO2)

Area prices are falling by -5.5% over the last 12 months
3 year growth: -2.5%
5 year growth: +13.7%
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

Wavell Avenue, Colchester, Essex, CO2
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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
£1,417
Based on a loan of £300,000 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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