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11 East Street, Colchester, CO1 2TR

East of England

£90,000Guide Price

Listed on 09/07/2026

Property details

Bedrooms
3
Type
Terraced
Area
747 sqft

Description

This vacant freehold 3-bedroom terraced property presents a significant opportunity for those looking to invest in refurbishment and value enhancement. Requiring comprehensive modernization, it is an ideal project for investors or owner-occupiers eager to transform a well-sized home located in a convenient residential area. The ground floor consists of an entrance hallway, a spacious lounge, a fitted kitchen, and a shower room. Upstairs are three bedrooms that offer flexible accommodation options. The property's full potential is evident as it needs extensive improvement throughout, allowing future owners to personalize and significantly increase its value. Additionally, the rear courtyard garden provides an outdoor space with possibilities for further enhancement. Situated near Colchester city center, residents will benefit from nearby local amenities, including shops and schools, as well as excellent transportation links via Colchester's train stations and major roads to surrounding areas. This property is perfect for those looking to invest in a thriving location.

Investment analysis

(CO1 area)

Below Market Value

This property is priced -60.7% below area average per sq ft

-60.7%
Potential saving
This Property
£120/sq ft
Area Average
£307/sq ft
Avg Rent (weekly)
£251
Avg Yield
5.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£252,098
10% above area average per sq ft
Potential ROI
+80.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (CO1)

Area prices are stable by -0.6% over the last 12 months
3 year growth: -7.5%
5 year growth: +6.5%
Investment Disclaimer: Analysis based on CO1 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

11 East Street, Colchester, CO1 2TR
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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
£340
Based on a loan of £67,500 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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