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69, Greenstead Road, Colchester, Essex CO1 - Image 1
69, Greenstead Road, Colchester, Essex CO1 - Image 2
69, Greenstead Road, Colchester, Essex CO1 - Image 3

69, Greenstead Road, Colchester, Essex CO1

East of England

£390,000Guide Price

Listed on 09/06/2026

Property details

Bedrooms
4
Type
Land

Description

This four-bedroom detached house is set on a generous plot of approximately 0.5 acres with significant development potential, pending the necessary planning permissions. Originally built in the early 1900s, the property features various original elements that could be restored or highlighted during renovations. The layout includes an entrance hall, kitchen, lounge, dining room, and four bedrooms on the first floor alongside a bathroom. With its large land footprint spread across seven separate titles, this offers a rare investment opportunity in a location just half a mile from Hythe Rail Station and close to Colchester town centre and the University of Essex campus. Ideal for buyers looking to execute extensive renovations or explore development options.

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Investment analysis

(CO1 area)
Area Average
£307/sq ft
Avg Rent (weekly)
£251
Avg Yield
5.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
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

69, Greenstead Road, Colchester, Essex CO1
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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
£1,473
Based on a loan of £292,500 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

This calculation uses non-residential (land/commercial) tax rates.

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