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Plume Avenue, Colchester, CO3

East of England

£325,000

Listed on 07/07/2026

Property details

Bedrooms
2
Type
Bungalow

Description

Located in the sought-after Prettygate area of west Colchester, this detached bungalow presents a notable chance to create your perfect home. With a spacious plot and well-maintained rear garden, the property provides an ideal outdoor space for family gatherings or quiet evenings. Inside, the adaptable layout includes two bedrooms, a living room, and a sunroom/utility area that could benefit from modernisation or reconfiguration to better suit your needs. There is considerable potential for expansion with the possibility of adding a loft conversion (subject to planning permission), making this an attractive option for investors looking to enhance its value. The property also benefits from close proximity to local amenities, including shops, healthcare services, and excellent transport links to Colchester's town centre. This bungalow combines convenience with ample opportunity for those looking to invest in a property with great renovation potential.

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Investment analysis

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

Renovation Potential

Medium 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

Plume Avenue, 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
£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

Next Steps

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