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Canterbury Road, Colchester

East of England

£230,000
Listed on 22/04/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
729 sqft

Description

Positioned on the well-regarded Canterbury Road in Colchester's New Town area, this two-bedroom semi-detached property presents a solid opportunity for those looking to invest or add personal touches. It is ideally located close to local schools, essential amenities, and transportation links. The home is being sold with no onward chain, allowing for a straightforward acquisition process. The ground floor of the property features a spacious living room that flows into a separate dining room with direct access to the rear garden—an inviting space for gatherings or family activities. The galley-style kitchen at the back offers practical usability but also has potential for modern enhancements. On the first floor, you will find a small landing leading to two generously sized bedrooms. The principal bedroom is particularly large and connects to an expansive family bathroom that includes both a bath and overhead shower. The second double bedroom comes equipped with built-in storage solutions. Outside, the property benefits from an enclosed rear garden mainly laid to lawn, complemented by a patio area suitable for outdoor dining. There is side access leading to the front where on-street parking is available without permits, adding to the practicality of the location.

Investment Analysis

(CO2 area)

Below Market Value

This property is priced -1.4% below area average per sq ft

-1.4%
Potential saving
This Property
£316/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
£256,568
10% above area average per sq ft
Potential ROI
+0.6%
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

Canterbury Road, Colchester
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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
£815
Based on a loan of £172,500 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.

Stamp Duty Calculator

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