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Saxon Close, Colchester, Essex, CO3

East of England

£325,000

Listed on 04/07/2026

Property details

Bedrooms
3
Type
Semi Detached

Description

Nestled in the desirable area of Prettygate, this extended semi-detached home presents an excellent opportunity for renovation and investment. With three spacious bedrooms and a well-proportioned living space, the property is ideally situated within easy reach of reputable schools and local amenities. Accessible through a double-glazed entrance, the home features a lounge with a fireplace connecting to a dining room that opens onto the garden via French doors. The kitchen, while functional, would benefit from modernisation alongside the existing shower room on the ground floor. On the first floor, all three bedrooms offer generous layouts with potential for enhancement; particularly, bedroom one could be transformed into an en-suite by utilizing the adjoining airing cupboard (subject to planning). Outside, the rear garden is mostly lawned with a patio area and includes a detached garage, while off-road parking is available at the front. This property requires substantial refurbishment throughout but holds significant potential for future value enhancement.

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Investment analysis

(CO3 area)
Area Average
£356/sq ft
Avg Rent (weekly)
£293
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (CO3)

Area prices are stable by -1.7% over the last 12 months
3 year growth: -1.7%
5 year growth: +9.5%
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

Saxon Close, Colchester, Essex, 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
£1,228
Based on a loan of £243,750 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.

Stamp duty calculator

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