# 2 bedroom terraced house for sale (CO3 9EA)

## Property Details

| Key | Value |
|-----|-------|
| Address | 36 FIRSTORE DRIVE, COLCHESTER, ESSEX CO3 9EA |
| Price | £210,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Last sold | £212,500 Aug 2016 |

## Description

**General** **information** **** This spacious and well-presented mid-terraced house is situated in the sought after district of Lexden to the West of Colchester.  The property is in good decorative order throughout and has double glazing and gas fired central heating.  The accommodation comprises of;

An entrance door into the entrance hall which has a storage cupboard and open archway into the lounge, measuring 16ft 8 x 12ft 7.  There is a window to the front aspect, two radiators and a spiral staircase to the first floor, as well as a door that leads into the kitchen/diner.  The kitchen has a large storage cupboard, a window overlooking the rear garden and a range of eye and base level units with fitted roll-top work surfaces and a stainless steel sink drainer and mixer tap.  There is also an electric oven with gas hob and extractor above and space and plumbing for a washing machine, tumble dryer and fridge-freezer.  To the first floor, the landing provides access to the two double bedrooms and the family bathroom.  Bedroom one has a window to the front, two fitted wardrobes and a radiator whilst bedroom two has a window to the rear, two fitted wardrobes and a large airing cupboard.  The family bathroom which has recently been re-fitted has an obscured window to the side, a panelled bath with shower above, a vanity sink with cupboards underneath, low level W.C and a heated towel rail.  As mentioned, the property is presented to a good standard throughout and internal viewing is strongly recommended.   

**Porch** ****  

**Lounge** **16' 8" x 12' 7" (5.08m x 3.84m)**  

**Kitchen** **12' 7" x 9' 4" (3.84m x 2.84m)**  

**Landing** ****  

**Bedroom** **one** **12' 7" x 9' 2" (3.84m x 2.79m)**  

**Bedroom** **two** **10' 8" x 9' 5" (3.25m x 2.87m)**  

**Bathroom** **7' 8" x 4' 6" (2.34m x 1.37m)**  

**Single** **garage** ****  

**The** **outside** **** To the font of the property there is a small garden area and a walk way leading to the front door.  The low maintenance rear garden measures approximately 40ft and is fully enclosed by wooden panel fencing and has a patio area and a pedestrian access gate to the rear.  There is a summer house to remain which has power and lighting connected.  From the rear gate there is a passageway that leads around to the garage which is in the middle of a block of three.  

**Where?** **** The property is situated in the sought after Lexden area, to the West of Colchester town centre.  Located within highly regarded school catchment areas, the property is also within easy reach of good local amenities and excellent transport links are close by.  

**Important** **information** **** Council Tax Band - B

Services - We understand that mains water, drainage, gas and electricity are connected to the property.

Tenure - Freehold

EPC rating - 66/D 

## Property Photos

- ![Photo](/listings/photos/58078304/315587)
- ![Photo](/listings/photos/58078304/315598)
- ![Photo](/listings/photos/58078304/315603)
- ![Photo](/listings/photos/58078304/315607)
- ![Photo](/listings/photos/58078304/315610)
- ![Photo](/listings/photos/58078304/315613)
- ![Photo](/listings/photos/58078304/315615)

## Floorplans

- ![Floorplan 1](/listings/photos/58078304/315618) - Floorplan 1

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 36 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA | £212,500 | 31/08/2016 | Terraced |
| 36 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA | £135,000 | 26/08/2009 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] 9 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA | £310,000 | 05/07/2024 | Detached |
| [Same street] 31 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA | £350,000 | 26/02/2024 | Semi-detached |
| [Same street] 47 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA | £375,000 | 27/07/2023 | Detached |
| [Same street] 13 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA | £226,000 | 06/04/2023 | Terraced |
| [Same street] 15 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA | £241,000 | 12/12/2022 | Terraced |
| [Same street] 14 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA | £495,000 | 26/10/2022 | Detached |
| [Same street] 45 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA | £375,000 | 19/08/2022 | Detached |
| 78 HALSTEAD ROAD, COLCHESTER, ESSEX, CO3 9AF | £365,000 | 21/07/2022 | Terraced |
| [Same street] 44 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA | £383,000 | 17/06/2022 | Detached |
| 123 LONDON ROAD, COLCHESTER, ESSEX, CO3 9AW | £257,500 | 02/03/2022 | Terraced |
| 65 LONDON ROAD, COLCHESTER, ESSEX, CO3 9AL | £235,000 | 15/11/2021 | Terraced |
| [Same street] 41 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA | £390,000 | 26/10/2021 | Detached |
| 32 HALSTEAD ROAD, COLCHESTER, ESSEX, CO3 9AE | £275,000 | 29/09/2021 | Terraced |
| [Same street] 18 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA | £295,000 | 20/07/2021 | Detached |
| [Same street] 52 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA | £210,000 | 25/06/2021 | Detached |

**Street average:** £331,818 (11 sales)
**Area average:** £283,125 (4 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £282,286 (14 Terraced, CO3, 2024–2026)
- **Deviation:** -25.6%

## Rental Range

*ONS Price Index of Private Rents (Colchester). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,095/mo
- **Realistic:** £1,217/mo
- **Optimistic:** £1,339/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Colchester (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £793/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Terraced House, London Road, CO3 | £1,300/mo | 2 | 0.13 miles | OpenRent |

**Average rent: £1,300/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.62% (weak for cashflow)
- **Max investor price (0.8%):** £162,500
- **Target investor price (1%):** £130,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,300/mo).*

- **Gross yield:** 7.4%
- **Cost-to-rent:** 13.5×
- **Monthly cashflow:** £318/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 6.3%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 7%
- **10y growth:** 1.2%

## House Price Index (HM Land Registry)

*Official index for Colchester; Terraced series; as of March 2026.*

- **1y growth (index):** 1.3%
- **5y growth (index):** 15.9%
- **10y growth (index):** 38.8%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)