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Prettygate Road, Colchester

East of England

£350,000

Listed on 22/06/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
963 sqft

Description

This three-bedroom detached bungalow is set on a substantial plot in the desirable Prettygate area of Colchester, presenting an attractive opportunity for those interested in renovation and expansion. The property is ripe for modernization, allowing potential homeowners the chance to tailor it to their specific needs and preferences. Additionally, the size of the plot offers possibilities for enhancement or extension, subject to obtaining the necessary planning approvals, making it a prime candidate for investors looking to capitalize on its potential. With no onward chain, this home provides easy access to local amenities, reputable schools, frequent bus services, and excellent transport links. The interior features a welcoming entrance hall with built-in storage options leading into a generous living room that serves as an ideal reception area. The kitchen transitions into a spacious sunroom that not only adds valuable living space but also connects directly with the rear garden. The accommodation includes a well-sized principal bedroom with built-in storage, plus two additional single bedrooms also featuring fitted cupboards for efficient storage solutions. A family shower room rounds out the internal layout. Externally, the property boasts a good-sized enclosed garden complete with a patio area and primarily lawned space—perfect for families or gardening enthusiasts. Access to the garage is convenient through a door from the garden, while side access is provided by a gate for ease of movement around the property. To the front, ample off-road parking is available thanks to a large driveway and established front garden, along with garage access via an up-and-over door.

Investment Analysis

(CO3 area)

Above Market Value

This property is priced +2.5% above area average per sq ft

+2.5%
This Property
£363/sq ft
Area Average
£355/sq ft
Avg Rent (weekly)
£270
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£375,575
10% above area average per sq ft
Potential ROI
-6.1%
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

Prettygate Road, Colchester
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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
£1,322
Based on a loan of £262,500 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.

Stamp Duty Calculator

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