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Boxted Road, Mile End, Colchester, Essex, CO4

East of England

£475,000

Listed on 11/06/2026

Property Details

Bedrooms
3
Type
Detached Bungalow

Description

Situated on a spacious plot in Colchester, this three-bedroom detached bungalow presents a unique opportunity for buyers eager to invest in a property ripe for transformation. With an expansive layout including two sizeable reception rooms, the home offers versatile spaces perfect for modernization and customization. Each of the three bedrooms is designed for comfort, complemented by two bathrooms that enhance its practicality. One of the standout features of this property is its considerable outdoor space, which not only allows for potential landscaping and gardening but also suggests possibilities for extension, subject to necessary planning permissions. The bungalow includes a dedicated garage and provides ample off-road parking, making it both functional and convenient. This location is another significant advantage, offering excellent transport links with close proximity to the A12, Colchester North Station, and Colchester Hospital. Available for immediate viewing and with no onward chain, this property stands as a rare find in a desirable area—offering immense potential for those willing to undertake renovations and create their dream home.

Investment Analysis

(CO4 area)
Area Average
£338/sq ft
Avg Rent (weekly)
£326
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
50
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (CO4)

Area prices are stable by +1.9% over the last 12 months
3 year growth: +0.3%
5 year growth: +7.9%
Investment Disclaimer: Analysis based on CO4 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

Boxted Road, Mile End, Colchester, Essex, CO4
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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
£1,794
Based on a loan of £356,250 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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