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Walsingham Road, Colchester, Essex

East of England

£295,000
Listed on 15/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1055 sqft

Description

This semi-detached three-bedroom home presents a unique opportunity for renovation enthusiasts or investors looking to breathe new life into a well-structured property. The inviting layout spans two floors, featuring a spacious lounge with an expansive bay window that floods the space with natural light, creating an ideal environment for relaxation. Adjacent to the lounge, the separate dining room enhances the home's entertaining potential and is conveniently connected to the functional kitchen, which includes a utility area for added convenience and storage. Upstairs, you will find two generously sized double bedrooms alongside a third single bedroom, suitable for various uses such as a nursery or home office. The main bedroom's bay window not only amplifies its character but also allows for an airy feel throughout. A shower room and separate WC on this level add practicality for family living. The rear garden is a blank canvas, providing scope for landscaping or gardening projects tailored to your vision. While cosmetic updating is required throughout the property, its solid foundation and excellent layout point toward significant potential for value enhancement over time. Situated in a desirable residential area to the south of Colchester, this property benefits from proximity to local schools rated highly by families, as well as amenities that cater to everyday needs. Commuters will appreciate swift access to Colchester Town and North stations, facilitating easy travel into London Liverpool Street. With shops and leisure facilities within reach, this location embodies convenience while maintaining community charm. With its clear renovation potential and strategic location, this home beckons those willing to invest effort into modernisation to create their perfect family residence or rental asset.

Investment Analysis

(CO2 area)

Below Market Value

This property is priced -12.6% below area average per sq ft

-12.6%
Potential saving
This Property
£280/sq ft
Area Average
£320/sq ft
Avg Rent (weekly)
£282
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£371,302
10% above area average per sq ft
Potential ROI
+16.0%
After renovation
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

Walsingham Road, Colchester, Essex
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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
£1,045
Based on a loan of £221,250 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.

Stamp Duty Calculator

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