2 Bed Terraced House, Single Let, Colchester, CO1 2TR, £190,000

East Street, Colchester, CO1 2TR - 6 months ago

Sold STC
BTL
ROI: 2%
~57 m²
+12 photos

ValuationFair Value

Sold Prices£131K - £365K
Sold Prices/m²£2.1K/m² - £5.4K/m²

 

 

Square Metres

~56.53 m²
Price/m²£3.4K/m²

Value Estimate

£193,392

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£10,700

Total Cash In

£58,200

 

 

Cash Out

 

Rent Range

£775 - £2,850

Rent Estimate

£906

Running Costs/mo

£795

Cashflow/mo

£111

Cashflow/yr

£1,333

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £131K to £365K, average is £218.5K. £2.1K/m² to £5.4K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£342K08/220.03 mi17a, East Street, Colchester, Essex CO1 2TR2
£207.5K03/230.1 mi27, Ipswich Road, Colchester, Essex CO1 2YG2
£230K07/230.11 mi68, Ipswich Road, Colchester, Essex CO1 2YE2
£143K07/230.12 mi4, East Bay, Colchester, Essex CO1 2UG2
£150K02/230.15 mi35, Brook Street, Colchester, Essex CO1 2UT2
£162.5K10/200.15 mi14, Brook Street, Colchester, Essex CO1 2UT2
£150K03/210.15 mi22, Brook Street, Colchester, Essex CO1 2UT2
£145K01/210.15 mi26, Brook Street, Colchester, Essex CO1 2UT2
£212.5K07/210.18 mi28, Harwich Road, Colchester, Essex CO4 3BN2
£260K10/220.2 mi22, Greenstead Road, Colchester, Essex CO1 2TA2
£250K01/230.23 mi42, Harwich Road, Colchester, Essex CO4 3BW2
£230K01/230.23 mi52, Harwich Road, Colchester, Essex CO4 3BW2
£253K02/230.23 mi36, Harwich Road, Colchester, Essex CO4 3BW2
£190K03/210.24 mi37, East Hill, Colchester, Essex CO1 2QX2
£252K11/220.28 mi85, Greenstead Road, Colchester, Essex CO1 2SY2
£205K03/210.28 mi46a, Greenstead Road, Colchester, Essex CO1 2TB2
£173K05/210.28 mi42, Greenstead Road, Colchester, Essex CO1 2TB2
£170K03/210.28 mi40, Greenstead Road, Colchester, Essex CO1 2TB2
£220K03/210.3 mi42, St Augustine Mews, Colchester, Essex CO1 2PF2
£225K02/230.32 mi11, Simons Lane, Colchester, Essex CO1 2LH2
£239K12/200.33 mi47, St Andrews Gardens, Colchester, Essex CO4 3EQ2
£217K06/230.33 mi52, Greenstead Road, Colchester, Essex CO1 2SU2
£264K04/230.33 mi63, Ipswich Road, Colchester, Essex CO4 0EQ2
£195K02/210.36 mi185, Greenstead Road, Colchester, Essex CO1 2SP2
£245K02/230.36 mi104, Morant Road, Colchester, Essex CO1 2JD2
£147K12/200.37 mi104, Magdalen Street, Colchester, Essex CO1 2LA2
£210K07/230.37 mi120, Magdalen Street, Colchester, Essex CO1 2LF2
£155K07/210.37 mi125, Magdalen Street, Colchester, Essex CO1 2LF2
£131K04/230.37 mi115, Magdalen Street, Colchester, Essex CO1 2LF2
£199K11/210.38 mi10, Wimpole Road, Colchester, Essex CO1 2BX2
£240K04/230.39 mi3, Cannon Street, Colchester, Essex CO1 2DU2
£302.5K11/210.41 mi17, Hythe Hill, Colchester, Essex CO1 2NB2
£161K04/210.41 mi12, Connaught Close, Colchester, Essex CO1 2GJ2
£190K08/210.41 mi61, Kendall Road, Colchester, Essex CO1 2BU2
£365K01/210.42 mi36, Roman Road, Colchester, Essex CO1 1UP2
£223.5K01/210.42 mi9, Timber Hill, Colchester, Essex CO1 2PW2
£181K05/210.42 mi20, Artillery Street, Colchester, Essex CO1 2JL2
£180K07/210.43 mi61, Victor Road, Colchester, Essex CO1 2LX2
£240K03/220.43 mi17, Castle Road, Colchester, Essex CO1 1UW2
£273K12/220.44 mi33, Kendall Road, Colchester, Essex CO1 2BS2
£220K11/220.44 mi51, New Park Street, Colchester, Essex CO1 2NA2
£285K03/230.44 mi96, Haddon Park, Colchester, Essex CO1 2GX2
£212K02/210.44 mi52, Haddon Park, Colchester, Essex CO1 2GX2
£280K05/230.44 mi46, Haddon Park, Colchester, Essex CO1 2GX2
£238K05/210.44 mi102, Haddon Park, Colchester, Essex CO1 2GX2
£195K01/210.45 mi23, Port Lane, Colchester, Essex CO1 2JF2
£180K01/210.45 mi3, Port Lane, Colchester, Essex CO1 2JF2
£265K02/220.45 mi318, Cowdray Avenue, Colchester, Essex CO1 1YA2
£240K06/210.45 mi63, Castle Road, Colchester, Essex CO1 1UN2
£220K03/210.47 mi13, Haddon Park, Colchester, Essex CO1 2GY2

Local Rents

50 rents from £775/mo to £2.9K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,00003/240.02 miEast Street, Colchester2
£95003/240.02 miGrays Cottages, Colchester2
£95003/240.02 miGrays Cottages, Colchester2
£1,00003/240.03 miEast Street, Colchester2
£1,35003/240.05 miThe Mill Apartments, East Street, Colchester, Essex, CO12
£1,35005/240.05 miThe Mill Apartments, East Street, Colchester, Essex, CO12
£1,15003/240.07 miGrosvenor Place, Colchester2
£1,15004/240.07 miGrosvenor Place, Colchester2
£1,00003/240.09 miThe Coach House, East Street, CO12
£1,00003/240.09 miIpswich Road, Colchester, Essex, CO12
£1,10005/240.11 miIpswich Road, COLCHESTER2
£82510/230.11 miEast Street, Colchester, Essex, CO12
£85003/240.12 miOld Coach House, Old Coach Road, Colchester2
£1,15003/240.12 miRouse Way, Colchester, Essex, CO12
£96004/240.15 miBrook Street, Colchester, CO12
£96004/240.15 mi-2
£1,05004/250.15 mi-2
£1,00005/240.15 miBrook Street, COLCHESTER2
£1,10004/240.16 mi-2
£1,10003/240.16 miEast Hill, Colchester Town2
£90003/240.19 miBrook Street,Colchester2
£1,20002/250.23 mi-2
£1,25005/240.24 miSmythies Avenue, Colchester, CO12
£1,20012/240.24 miSt Andrews Gardens, Colchester2
£95012/240.24 miSt. Andrews Court, Colchester2
£1,15004/240.26 miOld Rectory Drive, Brook Street, Colchester, CO12
£95003/240.26 miEast Hill, Colchester, CO12
£95004/240.26 miEast Hill, Colchester, CO12
£1,10003/240.28 miSaw Mill Road, Colchester, Essex, CO12
£1,04503/240.32 miSimons Lane, Colchester2
£1,10005/240.33 miGrantham Court, Colchester2
£1,05003/240.33 miGeorge Williams Way,Colchester,CO12
£1,25005/240.33 mi-2
£1,25005/240.33 miGreenstead Road, Colchester, CO12
£1,00003/250.33 mi-2
£1,05001/250.34 mi-2
£77501/240.35 mi-2
£95004/240.36 miMagdalen Street, Colchester, Essex2
£98501/250.36 mi-2
£1,20003/250.36 mi-2
£1,00005/240.36 miBarrack Street, Colchester2
£2,85003/240.36 mi-2
£1,17501/240.37 mi-2
£1,17502/250.37 mi-2
£1,00003/240.37 miGeorge Williams Way, Colchester2
£1,00004/240.37 miGeorge Williams Way, Colchester2
£1,20004/240.37 miCentral Colchester2
£1,05005/240.38 miBarrack Street, Colchester2
£1,10004/240.38 miSt. Leonards Road, Colchester, Essex, CO12
£1,10003/240.38 miVictoria Place, Colchester,CO1 2DZ2

Local Area Statistics

Population in CO1

15,333

Population in Colchester

214,734

Town centre distance

1.24 miles away

Nearest school

0.20 miles away

Nearest train station

0.56 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+32%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Price changed to £190,000

March 8, 2025

Price changed to £210,000

January 2, 2025

Listed for £220,000

October 25, 2024

Floor Plans

Description

  • Located in a desirable area within walking distance of local schools, historic sites, and Colchester's city centre +
  • Close proximity to Colchester Town Station, providing direct rail access to London Liverpool Street—perfect for commuters +
  • Charming two-bedroom end-of-terrace property combining period features with modern comforts +
  • Ideal for first-time buyers, small families, or those seeking a convenient and character-filled home +
  • Spacious lounge diner with original beams, creating a cozy and inviting atmosphere for relaxation and entertaining +
  • Modern kitchen with generous countertop and storage space, perfect for home cooking and dining +
  • Ground-floor shower room equipped with a walk-in shower, wash basin, and WC for convenience +
  • Principal bedroom includes a built-in cupboard and a dressing area with a picturesque galleried bay window +
  • Additional double bedroom with flexible use as a guest room, family room, or home office +
  • Low-maintenance, courtyard-style rear garden with a gate leading to an off-road parking area +

Guide Price £190,000 - £210,000

Grade II Listed Building.

Nestled in a sought-after location within walking distance of local schools, The Old Siege House, Castle Park, Colchester City Centre, and Colchester Town Station—with direct rail links to London Liverpool Street—this delightful two-bedroom end-of-terrace property combines period charm with modern comforts. Ideal for commuters, first-time buyers, or small families alike, it offers both convenience and character in equal measure.

Step into a spacious lounge diner adorned with original beams, offering a welcoming and cozy ambiance for both relaxation and entertaining. The modern kitchen boasts ample countertop and storage space, making it a practical yet stylish area for any home chef. Completing the ground floor is a convenient shower room with a walk-in shower, wash basin, and WC, and access through the back door to the charming rear garden.

The landing leads to the principal bedroom, which features a built-in cupboard and a quaint dressing area with a galleried bay window overlooking the garden. A second double bedroom, also complete with a built-in cupboard, offers flexible space for guests, family, or a home office.

The courtyard-style rear garden is fully paved for easy maintenance, with a gate leading to the off-road parking area.

This home offers a perfect blend of historic charm and modern amenities, promising a comfortable lifestyle in a prime Colchester location.

Agent Details

Oakheart Property, Colchester

01206 586163

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪