# 2 bedroom bungalow for sale (CO3 9EA)

## Property Details

| Key | Value |
|-----|-------|
| Address | 13 FIRSTORE DRIVE, COLCHESTER, ESSEX CO3 9EA |
| Price | £230,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | TBC |
| Last sold | £226,000 Apr 2023 |

## Description

**GUIDE PRICE £230,000-£250,000**

Palmer & Partners are delighted to present to the market this two bedroom semi-detached bungalow, situated in the highly sought after area of Lexden, conveniently close to a range of local schools, shops and amenities including Tollgates Stane Retail Park and with good access to the A12.

Internally, the accommodation comprises of an entrance porch, a good sized kitchen, a spacious lounge area, two good sized bedrooms and a main family bathroom. 

The accommodation is further enhanced by a generously sized, fully enclosed rear garden along with a block paved front garden, garage and driveway to the front of the property providing off road parking. EPC E.

## Property Photos

- ![Picture No. 04](/listings/photos/127464827/315453) - Picture No. 04
- ![Picture No. 07](/listings/photos/127464827/315455) - Picture No. 07
- ![Picture No. 12](/listings/photos/127464827/315456) - Picture No. 12
- ![Picture No. 11](/listings/photos/127464827/315457) - Picture No. 11
- ![Picture No. 16](/listings/photos/127464827/315458) - Picture No. 16
- ![Picture No. 17](/listings/photos/127464827/315459) - Picture No. 17
- ![Picture No. 13](/listings/photos/127464827/315461) - Picture No. 13
- ![Picture No. 14](/listings/photos/127464827/315462) - Picture No. 14
- ![Picture No. 15](/listings/photos/127464827/315463) - Picture No. 15
- ![Picture No. 01](/listings/photos/127464827/315465) - Picture No. 01
- ![Picture No. 02](/listings/photos/127464827/315466) - Picture No. 02
- ![Picture No. 05](/listings/photos/127464827/315467) - Picture No. 05
- ![Picture No. 03](/listings/photos/127464827/315468) - Picture No. 03
- ![Picture No. 06](/listings/photos/127464827/315469) - Picture No. 06
- ![Picture No. 08](/listings/photos/127464827/315470) - Picture No. 08

## Floorplans

- ![Floorplan](/listings/photos/127464827/315471) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/127464827/315472) - EPC Rating Graph

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #12864378
- **Address:** 13 Firstore Drive, COLCHESTER, CO3 9EA
- **Certificate Issued:** 02/04/2018
- **Work Completed:** 19/02/2018
- **Items:** 6 window(s)

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 13 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA | £226,000 | 06/04/2023 | Terraced |
| 13 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA | £215,000 | 10/05/2021 | 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 |
| 91 LONDON ROAD, COLCHESTER, ESSEX, CO3 9AN | £465,000 | 01/06/2023 | Detached |
| 5 TUSSET MEWS, COLCHESTER, ESSEX, CO3 9EB | £395,000 | 19/12/2022 | Detached |
| [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 |
| 36 HALSTEAD ROAD, COLCHESTER, ESSEX, CO3 9AE | £435,000 | 26/08/2022 | Detached |
| [Same street] 45 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA | £375,000 | 19/08/2022 | Detached |
| 2 BEAVER CLOSE, COLCHESTER, ESSEX, CO3 9DZ | £475,000 | 03/08/2022 | Detached |
| [Same street] 44 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA | £383,000 | 17/06/2022 | Detached |
| 4 BRIAN CADMAN GARDENS, COLCHESTER, ESSEX, CO3 9FJ | £715,000 | 10/06/2022 | Detached |
| 7 TUSSET MEWS, COLCHESTER, ESSEX, CO3 9EB | £390,000 | 15/12/2021 | Detached |
| 2 BRIAN CADMAN GARDENS, COLCHESTER, ESSEX, CO3 9FJ | £550,000 | 10/11/2021 | Detached |
| [Same street] 41 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA | £390,000 | 26/10/2021 | Detached |
| [Same street] 18 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA | £295,000 | 20/07/2021 | Detached |
| 49 LONDON ROAD, COLCHESTER, ESSEX, CO3 9AJ | £650,000 | 30/06/2021 | Detached |
| 11 MELLOR CHASE, COLCHESTER, ESSEX, CO3 9BN | £320,000 | 30/06/2021 | Detached |
| [Same street] 52 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA | £210,000 | 25/06/2021 | Detached |

**Street average:** £342,400 (10 sales)
**Area average:** £488,333 (9 sales)

## Price vs local average

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

- **Local average:** £471,273 (53 Detached, CO3, 2024–2026)
- **Deviation:** -51.2%

## 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 | 0.17 miles | OpenRent |

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

## 1% Rule

- **Rent ratio:** 0.57% (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:** 6.8%
- **Cost-to-rent:** 14.7×
- **Monthly cashflow:** £239/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4.3%

*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:** 5.3%
- **10y growth:** 22.2%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** 1.7%
- **5y growth (index):** 15.1%
- **10y growth (index):** 35%

## 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)