Drury Road, Colchester, Essex, CO2
East of England
£330,000
Listed on 27/10/2026
Listed on 27/10/2026
The listing
Property details
Bedrooms
3Type
Semi DetachedArea
949 sqftFeatures
- Garage
- Garden
- Parking
Description
Offered with no onward chain, this three-bedroom semi-detached house has a bay-fronted lounge, a separate dining room and a kitchen with an adjoining utility room. The first floor provides three bedrooms, a bathroom and a separate WC. The accommodation would benefit from modernisation, offering scope to update the interiors to suit a new owner or investment plan.
Outside, the front driveway provides off-road parking and access to a garage. The enclosed rear garden is mainly lawned, with mature trees and hedging. The property is double-glazed and has an EPC rating to be confirmed.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
40out of 100
Grade ELow opportunity
Confidence: MEDIUM
This bay-fronted three-bedroom semi has useful bones for a medium-scale update: separate lounge and dining room, a driveway and garage, and an enclosed rear garden. The dated finishes across the photographed rooms give a buyer scope to refresh the interiors, while the overgrown garden offers a clear improvement project. No major structural failure is apparent in the supplied views, though the roof and concealed elements need inspection.
The price is the main constraint. At £330,000, it is around 11% above the local average per square foot, and adding a mid-to-substantial programme of works would leave the overall outlay stretched against local benchmarks for a home of this size. That comparison is with current local values, not a forecast of what the property might be worth after renovation.
Key opportunities
- Refresh the dated finishes across the living spaces and bedrooms to give the separate lounge and dining room a more cohesive feel.
- Update the basic kitchen and bathroom fittings as part of a medium-scale improvement programme.
- Clear and maintain the overgrown enclosed rear garden; the driveway and garage add useful practical appeal.
Key risks
- The asking price is already above the local £/sqf benchmark, so adding a mid-to-substantial works programme leaves the overall outlay stretched against local values for this floor area.
- The all-in picture is soft after allowing for the asking price and a non-cosmetic works programme — roughly 20% above what comparable floor area achieves locally in current condition; we have not assumed a post-renovation resale figure.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,247
Based on a loan of £247,500 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.
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