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Plume Avenue, Colchester CO3 - Image 1
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Plume Avenue, Colchester CO3

East of England

£325,000
Listed on 15/04/2026

Property Details

Bedrooms
2
Type
Bungalow

Description

Located in the sought-after Prettygate neighborhood of west Colchester, this appealing detached bungalow presents an excellent opportunity for renovation and investment. Known for its proximity to essential amenities, including a doctor's surgery, dentist, and local shops, the area is well-served by bus routes to the town centre and nearby Tollgate Centre, making daily commutes convenient. The property benefits from a substantial plot featuring a well-kept rear garden that serves as a tranquil oasis ideal for relaxation or hosting gatherings. Internally, the adaptable layout accommodates various living arrangements, and there is notable potential for expansion—such as a loft conversion—subject to obtaining planning permission. This bungalow stands out with its combination of location, outdoor space, and future enhancement possibilities.

Investment Analysis

(CO3 area)
Area Average
£356/sq ft
Avg Rent (weekly)
£266
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (CO3)

Area prices are falling by -3.6% over the last 12 months
3 year growth: -2.6%
5 year growth: +9.8%
Investment Disclaimer: Analysis based on CO3 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

Plume Avenue, Colchester CO3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,151
Based on a loan of £243,750 over 30 years at 3.91% 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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