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Church Lane, Colchester, CO3

East of England

£625,000

Listed on 02/06/2026

Property Details

Bedrooms
4
Type
Detached
Area
1685 sqft

Description

Nestled in the desirable Lexden area, this spacious four-bedroom detached residence offers a wealth of living space and significant renovation potential. Just a short stroll from the city centre of Colchester, residents benefit from easy access to a vibrant selection of restaurants, unique shops, and cultural venues, including the popular Mercury Theatre. The area's connectivity is further enhanced by quick routes to the A12, making it an appealing choice for commuters. Families will appreciate the proximity to several esteemed educational institutions, including renowned grammar schools and other quality options for all ages. Upon entering the home, you are greeted by a welcoming hallway that leads to a conveniently located downstairs bathroom and flows into the main living areas. The kitchen is generously sized with ample workspace and integrated appliances; however, it presents an opportunity for modernisation to create a stylish culinary hub. The highlight of the ground floor is undoubtedly the open-plan living area which boasts dual aspect windows and patio doors that invite light throughout the day. This versatile space can be easily configured to suit various lifestyles, whether that be family gatherings or entertaining guests. Additionally, there’s an adjoining adaptable room that could serve as a dining area or even a playroom. The upper level continues to impress with four spacious bedrooms that have been freshly painted and await personal touches from new owners. Three of these rooms accommodate double beds comfortably while an additional room makes an ideal single bedroom or home office. The bathrooms have seen recent renovations featuring modern fixtures—the en-suite has an elegant walk-in shower while the family bathroom includes contemporary fittings with a shower-bath combo. Outside, the south/west facing rear garden offers privacy bordered by mature greenery—a perfect spot for relaxation or social gatherings on the patio. With ample lawn space available for gardening enthusiasts or those looking to enhance landscaping features further, this property presents an exciting opportunity in one of Colchester’s most sought-after neighborhoods. With no onward chain and thoughtful upgrades already in place, this residence stands ready for its next chapter—transforming it into a stunning family home through personal vision.

Investment Analysis

(CO3 area)

Above Market Value

This property is priced +4.6% above area average per sq ft

+4.6%
This Property
£371/sq ft
Area Average
£355/sq ft
Avg Rent (weekly)
£270
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£657,158
10% above area average per sq ft
Potential ROI
-6.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (CO3)

Area prices are falling by -3.4% over the last 12 months
3 year growth: -2.6%
5 year growth: +9.0%
Investment Disclaimer: Analysis based on CO3 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

Church Lane, Colchester, CO3
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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
£2,361
Based on a loan of £468,750 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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