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East of England
£400,000
Listed on 08/09/2026
Listed on 08/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This four-bedroom detached house on Maldon Road in Colchester represents a compelling opportunity for buyers looking to make their mark through renovation. With an asking price of £400,000, it comes in at £320/sqf, which is notably below the local average of £356/sqf. This pricing offers a chance to secure a property with significant potential for value creation.
The home requires modernisation throughout, but this offers buyers the canvas to tailor the space to their own tastes. The spacious layout, complemented by a large garden and an impressive workshop, provides ample scope for transformation. Whether you're envisioning a contemporary family home or a vibrant entertaining space, the possibilities are plentiful. With off-road parking and the flexibility of four bedrooms, this property is well-suited for families or those in need of a home office. For those ready to take on a project, this listing is a noteworthy find in the current market.
None recorded.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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
Indicative tax based on the asking price and the options you select.
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