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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

£390,000
Listed on 01/04/2026

Property Details

Bedrooms
4
Type
Land

Description

This four-bedroom detached property, occupying an extensive plot of approximately 0.5 acres, presents a compelling investment opportunity with potential for development, pending the necessary planning consents. Built in the early 1900s from traditional brick and mortar, the house boasts numerous original features that can be restored or enhanced during renovation. The property is in need of comprehensive refurbishment to fully realize its value and charm. With seven separate land titles included, this rare find offers significant space for both personal use or further development in a highly sought-after area. Conveniently located just half a mile from Hythe Rail Station and close to Colchester town center and the University of Essex campus, this property combines practicality with great future potential.

Investment Analysis

(CO1 area)
Area Average
£307/sq ft
Avg Rent (weekly)
£251
Avg Yield
5.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (CO1)

Area prices are rising by +2.2% over the last 12 months
3 year growth: -5.5%
5 year growth: +11.0%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,381
Based on a loan of £292,500 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.

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