Worst House on the Street Logo
Chapel Street South, Colchester, Essex, CO2 - Image 1
Chapel Street South, Colchester, Essex, CO2 - Image 2
Chapel Street South, Colchester, Essex, CO2 - Image 3
Chapel Street South, Colchester, Essex, CO2 - Image 4
Chapel Street South, Colchester, Essex, CO2 - Image 5
Chapel Street South, Colchester, Essex, CO2 - Image 6
Chapel Street South, Colchester, Essex, CO2 - Image 7
Chapel Street South, Colchester, Essex, CO2 - Image 8
Chapel Street South, Colchester, Essex, CO2 - Image 9
Chapel Street South, Colchester, Essex, CO2 - Image 10
Chapel Street South, Colchester, Essex, CO2 - Image 11
Chapel Street South, Colchester, Essex, CO2 - Image 12
Chapel Street South, Colchester, Essex, CO2 - Image 13
Chapel Street South, Colchester, Essex, CO2 - Image 14
Chapel Street South, Colchester, Essex, CO2 - Image 15
Chapel Street South, Colchester, Essex, CO2 - Image 16
Chapel Street South, Colchester, Essex, CO2 - Image 17
Chapel Street South, Colchester, Essex, CO2 - Image 18
Chapel Street South, Colchester, Essex, CO2 - Image 19
Chapel Street South, Colchester, Essex, CO2 - Image 20
Chapel Street South, Colchester, Essex, CO2 - Image 21
Chapel Street South, Colchester, Essex, CO2 - Image 22
Chapel Street South, Colchester, Essex, CO2 - Image 23
Chapel Street South, Colchester, Essex, CO2 - Image 24
Chapel Street South, Colchester, Essex, CO2 - Image 25
Chapel Street South, Colchester, Essex, CO2 - Image 26
Chapel Street South, Colchester, Essex, CO2 - Image 27
Chapel Street South, Colchester, Essex, CO2 - Image 28

Chapel Street South, Colchester, Essex, CO2

East of England

£450,000
Listed on 06/05/2026

Property Details

Bedrooms
5
Type
House

Description

The New Inn is a currently operating public house located in a prime city center location, offering significant redevelopment potential. With the possibility for conversion to residential use pending planning consent, this property presents an exciting investment opportunity. Spanning two floors, it features ample space including multiple bar areas conducive for entertainment, along with essential ground floor facilities such as toilets. The first floor accommodates owner living quarters that includes a kitchen, living room, en suite bathroom, and three additional bedrooms; this layout could be reconfigured for residential purposes if permitted. The external area enhances the property's appeal with parking space, a beer garden, and a versatile outside pool room/function room that can support various functions or gatherings. Given its existing structure and facilities, The New Inn represents a promising project for those looking to invest in renovations or explore residential development in this vibrant area.

Investment Analysis

(CO2 area)
Area Average
£317/sq ft
Avg Rent (weekly)
£287
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
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
14%
Properties sold annually

Local Market Trend (CO2)

Area prices are falling by -4.9% over the last 12 months
3 year growth: -3.9%
5 year growth: +14.3%
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

Chapel Street South, Colchester, Essex, CO2
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,605
Based on a loan of £337,500 over 30 years at 3.97% 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates