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Maldon Road, Colchester, Essex CO3

East of England

£285,000

Listed on 15/06/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This established two/three bedroom house presents a promising opportunity for renovation, ideally situated near local schools and the city centre. The property offers spacious living areas, including a front-facing sitting room with a bay window and a separate dining room featuring a charming redbrick fireplace. The generous kitchen/breakfast room is equipped with essential fixtures but would benefit from modern updates. Upstairs, you will find two well-sized double bedrooms along with a versatile third room that could function as an office or nursery. The family bathroom requires modernization but retains functional elements. The outdoor space includes a lawned front garden bordered by hedgerows and a substantial rear garden measuring approximately 60' deep, which is partially lawned and features established greenery along with side access. This property’s location is enhanced by its proximity to various shopping and leisure amenities, making it an attractive investment for those looking to create their ideal home while enhancing property value through thoughtful renovations.

Investment Analysis

(CO3 area)
Area Average
£355/sq ft
Avg Rent (weekly)
£270
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
35
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (CO3)

Area prices are falling by -3.4% over the last 12 months
3 year growth: -2.6%
5 year growth: +9.0%
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

Maldon Road, Colchester, Essex CO3
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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
£1,077
Based on a loan of £213,750 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

Price History

-5.0% since listed
£285,000£15,000(-5.0%)
15/06/2026
Current price
£300,000Initial listing
09/04/2026

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