2 Bed Semi-Detached House, Single Let, Colchester, CO2 7RG, £130,000





ValuationUndervalued
Sold Prices | £160K - £310K |
Sold Prices/m² | £2K/m² - £6K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £1.9K/m² |
Value Estimate | £162,500£162,500 |
BMV | 25% |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £32,500£32,500 |
Stamp Duty & Legal Fees | £7,800£7,800 |
Total Cash In | £40,300£40,300 |
| |
Cash Out | |
Rent Range | £775 - £3,000£775 - £3,000 |
Rent Estimate | £996 |
Running Costs/mo | £625£625 |
Cashflow/mo | £371£371 |
Cashflow/yr | £4,447£4,447 |
ROI | 11%11% |
Gross Yield | 9%9% |
Local Sold Prices
50 sold prices from £160K to £310K, average is £215K. £2K/m² to £6K/m², average is £3.1K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£250K | 03/23 | 0.07 mi | Llamedos, King George Road, Colchester, Essex CO2 7PE | £4,310 | 58 | 2 | Detached House | |
£290K | 05/23 | 0.11 mi | 13, Claudius Road, Colchester, Essex CO2 7RR | - | - | 2 | Semi-Detached House | |
£220K | 05/21 | 0.11 mi | 21, Campion Road, Colchester, Essex CO2 7RT | £2,933 | 75 | 2 | Semi-Detached House | |
£202.5K | 04/21 | 0.12 mi | 69, Pownall Crescent, Colchester, Essex CO2 7RF | £3,266 | 62 | 2 | Terraced House | |
£310K | 08/23 | 0.13 mi | 8, Midland Close, Colchester, Essex CO2 7RS | £5,962 | 52 | 2 | Semi-Detached House | |
£267.5K | 02/23 | 0.14 mi | 78, Pownall Crescent, Colchester, Essex CO2 7RF | - | - | 2 | Terraced House | |
£205K | 03/21 | 0.15 mi | 18, Canterbury Road, Colchester, Essex CO2 7RU | £3,254 | 63 | 2 | Terraced House | |
£235K | 12/22 | 0.16 mi | 9, Lisle Road, Colchester, Essex CO2 7SB | £3,416 | 69 | 2 | Terraced House | |
£174K | 03/21 | 0.16 mi | 14, Lisle Road, Colchester, Essex CO2 7SB | £2,719 | 64 | 2 | Semi-Detached House | |
£235K | 03/23 | 0.16 mi | 41, Lisle Road, Colchester, Essex CO2 7SB | £2,962 | 79 | 2 | Terraced House | |
£215K | 05/23 | 0.16 mi | 38, Lisle Road, Colchester, Essex CO2 7SB | £2,719 | 79 | 2 | Terraced House | |
£175K | 03/21 | 0.18 mi | 20, Barrington Road, Colchester, Essex CO2 7RP | £2,431 | 72 | 2 | Semi-Detached House | |
£175K | 03/21 | 0.18 mi | 20, Barrington Road, Colchester, Essex CO2 7RP | £2,431 | 72 | 2 | Semi-Detached House | |
£175K | 02/21 | 0.18 mi | 3, Barrington Road, Colchester, Essex CO2 7RP | £2,692 | 65 | 2 | Semi-Detached House | |
£210K | 12/20 | 0.18 mi | 16, Berechurch Road, Colchester, Essex CO2 7QB | £3,621 | 58 | 2 | Terraced House | |
£222.5K | 11/20 | 0.22 mi | 4, Hyderabad Close, Colchester, Essex CO2 7FZ | £3,771 | 59 | 2 | Semi-Detached House | |
£247.5K | 01/21 | 0.22 mi | 9, Hyderabad Close, Colchester, Essex CO2 7FZ | £3,173 | 78 | 2 | Semi-Detached House | |
£210K | 05/23 | 0.23 mi | 97, Lisle Road, Colchester, Essex CO2 7SA | £3,134 | 67 | 2 | Terraced House | |
£200K | 07/21 | 0.23 mi | 98, Lisle Road, Colchester, Essex CO2 7SA | £2,660 | 75 | 2 | Terraced House | |
£172.5K | 04/21 | 0.23 mi | 101, Lisle Road, Colchester, Essex CO2 7SA | £2,575 | 67 | 2 | Terraced House | |
£215K | 03/21 | 0.23 mi | 2a, Cavalier Grove, Colchester, Essex CO2 7SF | £3,162 | 68 | 2 | Semi-Detached House | |
£212.5K | 01/21 | 0.25 mi | 27, Albion Grove, Colchester, Essex CO2 7RZ | £2,500 | 85 | 2 | Semi-Detached House | |
£243K | 01/23 | 0.27 mi | 98, Winchester Road, Colchester, Essex CO2 7LN | £3,738 | 65 | 2 | Terraced House | |
£260K | 03/23 | 0.27 mi | 67, Winchester Road, Colchester, Essex CO2 7LN | - | - | 2 | Semi-Detached House | |
£230K | 01/23 | 0.29 mi | 128, Canterbury Road, Colchester, Essex CO2 7RY | £3,686 | 62 | 2 | Terraced House | |
£175K | 04/21 | 0.3 mi | 131, Canterbury Road, Colchester, Essex CO2 7RY | £2,785 | 63 | 2 | Terraced House | |
£216K | 05/21 | 0.31 mi | 70, Bourne Road, Colchester, Essex CO2 7LP | £3,273 | 66 | 2 | Terraced House | |
£193K | 02/21 | 0.31 mi | 110, Bourne Road, Colchester, Essex CO2 7LP | £2,951 | 65 | 2 | Terraced House | |
£176K | 06/21 | 0.31 mi | 77, Bourne Road, Colchester, Essex CO2 7LP | £2,646 | 67 | 2 | Semi-Detached House | |
£305K | 01/23 | 0.32 mi | 6, Meeanee Mews, Colchester, Essex CO2 7GU | £3,961 | 77 | 2 | Terraced House | |
£220K | 06/21 | 0.33 mi | 28, Lucas Road, Colchester, Essex CO2 7ER | £3,667 | 60 | 2 | Terraced House | |
£202K | 03/23 | 0.33 mi | 5, Winchester Road, Colchester, Essex CO2 7LH | £3,108 | 65 | 2 | Terraced House | |
£240K | 08/23 | 0.33 mi | 32, Winchester Road, Colchester, Essex CO2 7LH | £3,478 | 69 | 2 | Terraced House | |
£205K | 03/21 | 0.33 mi | 35, Winchester Road, Colchester, Essex CO2 7LH | £2,808 | 73 | 2 | Terraced House | |
£245K | 06/23 | 0.33 mi | 38, Winchester Road, Colchester, Essex CO2 7LH | £3,624 | 68 | 2 | Terraced House | |
£230K | 10/21 | 0.35 mi | 31, Bourne Road, Colchester, Essex CO2 7LT | £3,382 | 68 | 2 | Terraced House | |
£220K | 10/22 | 0.36 mi | 123, Military Road, Colchester, Essex CO1 2AT | £3,260 | 67 | 2 | Semi-Detached House | |
£160K | 04/21 | 0.37 mi | 131, Military Road, Colchester, Essex CO1 2AT | £1,952 | 82 | 2 | Terraced House | |
£220K | 03/23 | 0.37 mi | 8, Lucas Road, Colchester, Essex CO2 7ER | £2,472 | 89 | 2 | Terraced House | |
£205K | 03/21 | 0.37 mi | 24, Mill Street, Colchester, Essex CO1 2AH | £2,970 | 69 | 2 | Terraced House | |
£189K | 01/21 | 0.37 mi | 11, Mill Street, Colchester, Essex CO1 2AH | - | - | 2 | Terraced House | |
£195K | 08/21 | 0.38 mi | 31, Lucas Road, Colchester, Essex CO2 7EP | £3,000 | 65 | 2 | Terraced House | |
£180K | 07/21 | 0.38 mi | 46, Granville Road, Colchester, Essex CO1 2EE | £3,000 | 60 | 2 | Semi-Detached House | |
£196K | 12/20 | 0.38 mi | 40, Granville Road, Colchester, Essex CO1 2EE | £3,598 | 54 | 2 | Terraced House | |
£220K | 06/23 | 0.38 mi | 44, Granville Road, Colchester, Essex CO1 2EE | £3,170 | 69 | 2 | Terraced House | |
£220K | 03/23 | 0.38 mi | 4, Granville Road, Colchester, Essex CO1 2EE | £3,056 | 72 | 2 | Detached House | |
£220K | 03/23 | 0.38 mi | 30, Granville Road, Colchester, Essex CO1 2EE | - | - | 2 | Terraced House | |
£220K | 04/21 | 0.39 mi | 53, Granville Road, Colchester, Essex CO1 2ED | £2,857 | 77 | 2 | Semi-Detached House | |
£203K | 05/21 | 0.4 mi | 1, Fairfax Mews, Colchester, Essex CO2 7EW | - | - | 2 | Terraced House | |
£183K | 05/21 | 0.4 mi | 29, Fairfax Road, Colchester, Essex CO2 7EW | £3,000 | 61 | 2 | Terraced House |
Local Rents
50 rents from £775/mo to £3K/mo, average is £1.1K/mo.
Rent | Date | Distance | Address | Beds | Type | |
£1,000 | 12/24 | 0.06 mi | - | 2 | Flat | |
£1,000 | 12/24 | 0.06 mi | Abbey Court, Colchester | 2 | Flat | |
£1,050 | 12/24 | 0.16 mi | - | 2 | Terraced House | |
£1,100 | 12/24 | 0.16 mi | Lisle Road, Colchester, CO2 | 2 | Terraced House | |
£1,150 | 03/25 | 0.23 mi | - | 2 | Flat | |
£1,150 | 12/24 | 0.23 mi | Steed Crescent, Colchester | 2 | Flat | |
£1,100 | 12/24 | 0.25 mi | Albion Grove, Colchester, Essex, CO2 | 2 | Terraced House | |
£1,150 | 12/24 | 0.27 mi | Winchester Road, Colchester | 2 | Flat | |
£1,200 | 12/24 | 0.28 mi | Central Colchester | 2 | Flat | |
£1,300 | 12/24 | 0.28 mi | Meeanee Mews, Colchester, Essex, CO2 | 2 | Flat | |
£1,200 | 12/24 | 0.29 mi | Parade Square, Colchester, Essex, CO2 | 2 | Terraced House | |
£1,100 | 12/24 | 0.3 mi | Parade Square, Colchester, CO2 | 2 | Flat | |
£1,100 | 12/24 | 0.32 mi | - | 2 | Terraced House | |
£1,195 | 12/24 | 0.32 mi | Myrtle Grove, Colchester CO2 | 2 | Terraced House | |
£1,250 | 01/25 | 0.33 mi | - | 2 | Terraced House | |
£1,200 | 04/25 | 0.33 mi | - | 2 | Terraced House | |
£1,200 | 05/24 | 0.35 mi | Military Road, COLCHESTER | 2 | House | |
£3,000 | 04/24 | 0.35 mi | - | 2 | Terraced House | |
£3,000 | 05/24 | 0.35 mi | - | 2 | Terraced House | |
£2,800 | 03/25 | 0.35 mi | - | 2 | Terraced House | |
£1,200 | 01/24 | 0.35 mi | - | 2 | Terraced House | |
£1,350 | 02/25 | 0.36 mi | - | 2 | Terraced House | |
£1,260 | 01/25 | 0.36 mi | - | 2 | Semi-Detached House | |
£1,200 | 12/24 | 0.38 mi | Brookside Close, Colchester, Essex, CO2 | 2 | Detached House | |
£1,300 | 12/24 | 0.38 mi | - | 2 | Flat | |
£1,050 | 12/24 | 0.38 mi | Pearce Court, Colchester | 2 | Flat | |
£1,250 | 04/25 | 0.39 mi | - | 2 | Flat | |
£950 | 12/24 | 0.4 mi | Fairfax Road, COLCHESTER | 2 | Flat | |
£1,200 | 12/24 | 0.4 mi | Fairfax Mews, Colchester | 2 | Terraced House | |
£1,175 | 01/25 | 0.41 mi | - | 2 | Terraced House | |
£1,400 | 03/25 | 0.41 mi | - | 2 | Terraced House | |
£950 | 12/24 | 0.43 mi | - | 2 | Semi-Detached House | |
£1,000 | 04/25 | 0.43 mi | - | 2 | Terraced House | |
£900 | 03/24 | 0.44 mi | Winnock Road, Colchester | 2 | Flat | |
£975 | 04/24 | 0.44 mi | Winnock Road, Colchester | 2 | Terraced House | |
£1,200 | 03/24 | 0.44 mi | James Street, Colchester, Essex, CO1 | 2 | Terraced House | |
£1,295 | 12/24 | 0.44 mi | Londinium Road, Colchester, Essex, CO2 | 2 | Flat | |
£1,150 | 01/25 | 0.44 mi | - | 2 | Terraced House | |
£1,125 | 12/24 | 0.44 mi | - | 2 | Semi-Detached House | |
£1,100 | 03/24 | 0.45 mi | New Town Road, New Town, Colchester, CO1 | 2 | Flat | |
£1,050 | 12/24 | 0.45 mi | - | 2 | Flat | |
£1,150 | 04/25 | 0.46 mi | - | 2 | Semi-Detached House | |
£1,200 | 12/24 | 0.46 mi | Londinium Road, Colchester | 2 | Flat | |
£895 | 05/24 | 0.47 mi | Kendall Road, Colchester | 2 | Flat | |
£995 | 01/25 | 0.48 mi | - | 2 | Terraced House | |
£1,050 | 04/24 | 0.49 mi | Kendall Road, Colchester, Essex, CO1 | 2 | Terraced House | |
£775 | 12/24 | 0.5 mi | 8a The Willows, Colchester | 2 | Flat | |
£1,200 | 05/24 | 0.5 mi | Morant Road, Colchester, CO1 | 2 | Terraced House | |
£1,900 | 04/25 | 0.51 mi | - | 2 | Flat | |
£1,050 | 04/25 | 0.51 mi | - | 2 | Flat |
Local Area Statistics
Population in CO2 | 33,44033,440 |
Population in Colchester | 214,734214,734 |
Town centre distance | 1.03 miles away1.03 miles away |
Nearest school | 0.20 miles away0.20 miles away |
Nearest train station | 0.55 miles away0.55 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +63%+63% |
Sales demand | Balanced marketBalanced market |
Capital growth (5yrs) | +27%+27% |
Property History
Listed for £130,000
March 25, 2025
Floor Plans

Description
- Sale by Modern Auction (T&Cs apply) +
- Subject to an undisclosed Reserve Price +
- Buyers fees apply +
- Semi Detached House Close To Station & City Centre +
- Kitchen & Lounge/Diner +
- Ground Floor Bathroom +
- Two First Floor Bedrooms +
- Parking For One Car +
SUMMARY
OFFERED WITH NO ONWARD CHAIN, this older style two bedroom house is situated on the south side of Colchester off Mersea Road, around 0.6 miles from St Botolphs train station and the city centre. There are further local amenities and schools nearby.
DESCRIPTION
This property could provide an ideal first time purchase or investment opportunity and is offered with no ongoing chain. Ground floor accommodation comprises kitchen, dual aspect lounge, hallway and shower room. The first floor offers two good size bedrooms. Externally there is off road parking for one car.
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Entrance Door To:
Kitchen
Range of white base and eye level units, work surfaces, inset sink and drainer unit with mixer tap, single oven and four ring gas hob with extractor over, under counter fridge and freezer, dishwasher, radiator, laminate flooring, vaillant combi boiler, double glazed window to side, spotlights, door to:
Lounge 18' max x 9' 1" max ( 5.49m max x 2.77m max )
Laminate flooring, radiator, electric fireplace, double glazed window to front, double glazed window to side, spotlights, door to:
Inner Hall
Radiator, utility cupboard, space and plumbing for washing machine and tumble dryer, stairs to first floor, door to:
Shower Room
Modern white three piece suite comprising shower cubicle, vanity wash hand basin and low level w.c., heated towel rail, spotlights, vinyl flooring.
First Floor Accommodation
Landing
Double glazed window to front, doors to:
Bedroom One 12' 1" x 9' 1" ( 3.68m x 2.77m )
Double glazed window to side, radiator.
Bedroom Two 11' x 6' 1" max ( 3.35m x 1.85m max )
Double glazed window to side, single wardrobe, radiator, carpet.
Outside
There is parking for one car and a communal outside space.
DIRECTIONS
Refer to map
1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
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