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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 semi-detached three-bedroom house is nestled on a mature plot of approximately a quarter of an acre in a sought-after residential road. While the property is currently in need of some updating and improvements, it presents an excellent opportunity for those looking to invest and enhance its appeal. The entrance hall welcomes you with built-in storage and leads to spacious living areas, including a front-facing dining room with a bay window and a separate sitting room featuring a fireplace and French doors that open to the rear lean-to, allowing for easy access to the garden. The kitchen contains essential fixtures, including cupboards and built-in storage, while the first floor accommodates three bedrooms—one with built-in wardrobes—and a bathroom alongside a separate WC. Outside, the expansive garden stretches approximately 240ft in depth, offering ample space for landscaping or expansion. Additionally, there is a driveway leading to an asbestos garage along with an adjoining work shed, providing potential for practical use or further development. Located within reach of local amenities and the city centre, this property is ideally positioned for those seeking both space and convenience.

Investment Analysis

(CO2 area)
Area Average
£313/sq ft
Avg Rent (weekly)
£283
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
36
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (CO2)

Area prices are falling by -3.0% over the last 12 months
3 year growth: -3.0%
5 year growth: +16.8%
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 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,511
Based on a loan of £300,000 over 30 years at 4.45% 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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