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Nayland Road, Mile End, Colchester

East of England

£230,000

Listed on 08/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
768 sqft

Description

This two to three-bedroom terraced house offers a promising opportunity for those looking to invest or renovate. Located on the north side of Colchester, the property is conveniently close to local shops, amenities, and schools, with North Station just over a mile away for accessible links to London. The house boasts two reception rooms and three bedrooms, alongside a sizeable rear garden that presents further enhancement possibilities. While it requires some modernisation, the potential for improvement is substantial. With no onward chain, this property invites early viewing for those ready to transform it into a comfortable home.

Investment analysis

(CO4 area)

Below Market Value

This property is priced -11.4% below area average per sq ft

-11.4%
Potential saving
This Property
£299/sq ft
Area Average
£338/sq ft
Avg Rent (weekly)
£323
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£285,500
10% above area average per sq ft
Potential ROI
+5.7%
After renovation
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

Nayland Road, Mile End, 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
£869
Based on a loan of £172,500 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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