Monkwick Avenue, Colchester
East of England
£260,000
Listed on 25/08/2026
Listed on 25/08/2026
The listing
Property details
Bedrooms
3Type
Semi DetachedArea
768 sqftFeatures
- Parking
Description
Offered with no onward chain, this three-bedroom house in the Monkwick area of Colchester is described as requiring modernisation. The accommodation includes a lounge, kitchen, utility area and family bathroom, with three bedrooms upstairs. Off-road parking is available at the front.
Local shops, schools and other amenities are nearby, and bus services connect with Colchester and surrounding areas. Colchester Town and Colchester railway stations are also within reach. The property may suit buyers wishing to update the accommodation to their own requirements; services and measurements should be checked independently.
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 is a medium-scale project with a clear scope to refresh the dated kitchen and bathroom, update worn flooring and decoration, and bring the rear garden back into shape. The front off-road parking and three-bedroom layout are useful fundamentals, and no obvious major external defect is apparent in the photos, though the roof and fabric would need checking.
Even a workable headline price does not rescue the maths when the asking price is only one line of the budget; a mid-to-substantial works programme leaves limited headroom versus local benchmarks, leaving a gap of around 20% versus area norms for this sqft. The economics score captures that squeeze; finished resale value is outside our model.
Key opportunities
- Modernise the dated kitchen and bathroom to give the home a more current feel.
- Refresh the worn lounge flooring and marked or damaged wall finishes across the areas shown.
- Clear and maintain the rear garden, making better use of the outdoor space alongside the front parking.
Key risks
- The asking price is already above the local £/sqf average, and adding a mid-to-substantial works programme makes the overall economics difficult against local benchmarks 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. Finished value after works is not modelled here.
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Transport
Nearest stations
Colchester Town Rail Station
1.4 miles
Train · Colchester City Centre
Hythe (Essex) Rail Station
1.6 miles
Train · The Hythe
Wivenhoe Rail Station
2.2 miles
Train · Wivenhoe
Colchester Rail Station
2.4 miles
Train · Colchester
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£1,062
Based on a loan of £195,000 over 30 years at 5.13% 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
Pricing
Price history
-3.7% since listed
£260,000£10,000(-3.7%)
10/10/2026£270,000Initial listing
25/08/2026Services
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