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Walsingham Road, Colchester, Essex CO2

East of England

£280,000

Listed on 26/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1055 sqft

Description

This three-bedroom semi-detached house presents a promising opportunity for buyers with an eye for renovation and value enhancement. The property features a traditional layout over two levels, ideal for those looking to invest in a home that requires modernization. On the ground floor, the spacious lounge at the front welcomes ample natural light through its large bay window, creating a bright ambiance. Adjacent to this is a separate dining room, perfect for family gatherings or entertaining guests, connecting conveniently to the kitchen. The kitchen includes a practical utility area with direct access to the rear garden, which offers potential for landscaping and personal customization. Moving upstairs, the property comprises two double bedrooms and a single bedroom suitable for various uses such as a study or nursery. The main bedroom also boasts another bay window, enhancing both light and space. A shower room along with a separate WC completes the first floor, catering to the needs of families effectively. The exterior features a private rear garden that awaits your creative touch, making it ideal for gardening enthusiasts or families looking to enhance their outdoor space. While cosmetic updates are needed throughout the property, it offers solid structural integrity and generous proportions that can be transformed into a welcoming family home or lucrative investment. Located within a well-established residential area south of Colchester, this home benefits from strong demand due to its proximity to reputable schools, local amenities, and convenient commuter links via road and rail into London. The city center is easily accessible offering diverse shopping options and leisure facilities alongside picturesque parks and historic attractions.

Investment Analysis

(CO2 area)

Below Market Value

This property is priced -15.2% below area average per sq ft

-15.2%
Potential saving
This Property
£265/sq ft
Area Average
£313/sq ft
Avg Rent (weekly)
£283
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£363,295
10% above area average per sq ft
Potential ROI
+17.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (CO2)

Area prices are falling by -3.0% over the last 12 months
3 year growth: -3.0%
5 year growth: +16.8%
Investment Disclaimer: Analysis based on CO2 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

Walsingham Road, Colchester, Essex CO2
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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
£1,058
Based on a loan of £210,000 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

-5.1% since listed
£280,000£9,000(-3.1%)
21/05/2026
Current price
£289,000£6,000(-2.0%)
02/05/2026
£295,000Initial listing
17/04/2026

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