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Ipswich Road, Colchester, Essex, CO4 - Image 1
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Ipswich Road, Colchester, Essex, CO4

East of England

£350,000

Listed on 03/07/2026

Property details

Bedrooms
3
Type
Bungalow

Description

This three-bedroom detached chalet-style property presents a compelling renovation opportunity, positioned in the north of Colchester. Offered with no onward chain, it boasts potential for development subject to the necessary consents. The home features an entrance leading into a sitting room enriched by a bay window and exposed brickwork, along with stairs ascending to the first floor. An inner lobby connects to the kitchen, equipped with fitted units and access to a rear dining room that also has a brick fireplace (currently not in use). A ground-floor bedroom and bathroom are conveniently situated off the hallway. Upstairs, two spacious bedrooms benefit from eaves storage and dormer windows, enhancing their appeal. The property includes a generous enclosed garden predominantly laid to lawn, alongside off-road parking for multiple vehicles via a block-paved driveway. With its proximity to local schooling and essential amenities, this property offers significant potential for transformation into a modern family home.

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Investment analysis

(CO4 area)
Area Average
£338/sq ft
Avg Rent (weekly)
£323
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (CO4)

Area prices are rising by +3.7% over the last 12 months
3 year growth: +1.3%
5 year growth: +8.2%
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

Ipswich Road, Colchester, Essex, CO4
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Mortgage calculator

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£
£
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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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