# 2 bedroom detached bungalow for sale (CO3 9EA) ## Property Details | Key | Value | |-----|-------| | Address | 11 FIRSTORE DRIVE, COLCHESTER, ESSEX CO3 9EA | | Price | £170,000 | | Bedrooms | 2 | | Construction age | England and Wales: 1983-1990 | | Floor area | 51 m² | | Last sold | £170,000 Oct 2014 | ## EPC Rating & Upgrade Cost - **Current rating:** D - **Potential rating:** B - **Expiry date:** 04/07/2031 - **Est. upgrade cost to C:** £14,520 ### Recommendations - W2 (£4,000 - £6,000) - E (£20) - N (£4,000 - £6,000) - U (£3,500 - £5,500) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0370-2695-4030-2609-8771) ## Description This modern two-bedroomed detached bungalow is situated in a cul-de-sac in the popular area of Lexden on the west side of Colchester. It is within easy walking distance of local shops and amenities, is well serviced by bus routes, and is convenient for the A12 (affording easy access to London and the M25, as well as to Constable country and the coasts of the north-east Essex and Suffolk). Colchester North station is only five minutes' drive away. The bathroom was completely renewed recently and has under-floor heating. The kitchen has also been renovated, and an extension bay added to the 17'6" x 10'4" lounge to take full advantage of the south-facing aspect. The two bedrooms are a good size, and the master bedroom is fully fitted throughout and offers ample storage. The secluded south-facing garden is terraced, landscaped and well stocked, but has been designed to require minimal maintenance and is suitable for busy people as well as those with more time. The garden provides secondary access to the garage. Additional parking space is available to the side and front. The property has been occupied by its present owners since it was built. It is bright and sunny in summer, and warm and comfortable in winter. It has always been well maintained, and was redecorated throughout ready for sale. This loved and immaculately presented home is offered at a very competitive price for a quick sale. Entrance hallway with access to loft. Lounge 17'6 x 10'4 plus glazed extension bay. Kitchen 8'5 x 7'0. Gas hob and double oven. Airing cupboard and hot water heater. Modernised recently. Bedroom One 10'5 x 10'2. Fully fitted throughout and offering ample storage. Bedroom Two 10'5 x 7'0. Bathroom completely renewed recently. Under-floor heating. Back porch giving access to well-stocked but low-maintenance garden, and to garage. Garage and off-street parking. ## Property Photos - ![Photo](/listings/photos/44933812/315639) - ![Photo](/listings/photos/44933812/315644) - ![Photo](/listings/photos/44933812/315650) - ![Photo](/listings/photos/44933812/315653) - ![Photo](/listings/photos/44933812/315656) - ![Photo](/listings/photos/44933812/315657) - ![Photo](/listings/photos/44933812/315661) - ![Photo](/listings/photos/44933812/315668) - ![Photo](/listings/photos/44933812/315672) - ![Photo](/listings/photos/44933812/315673) - ![Photo](/listings/photos/44933812/315674) - ![Photo](/listings/photos/44933812/315676) - ![Photo](/listings/photos/44933812/315681) - ![Photo](/listings/photos/44933812/315687) - ![Photo](/listings/photos/44933812/315691) - ![Photo](/listings/photos/44933812/315699) - ![Photo](/listings/photos/44933812/315705) - ![Photo](/listings/photos/44933812/315708) - ![Photo](/listings/photos/44933812/315713) ## Floorplans - ![Floorplan 1](/listings/photos/44933812/315715) - Floorplan 1 ## FENSA Certificates This property has 1 FENSA certificate(s) on record. ### FENSA Certificate #2522786 - **Address:** 11 Firstore Drive, COLCHESTER, CO3 9EA - **Certificate Issued:** 07/03/2005 - **Work Completed:** 08/02/2005 - **Items:** 4 window(s) ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 11 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA | £170,000 | 31/10/2014 | Detached | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 9 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA | £310,000 | 05/07/2024 | Detached | | 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 | | 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 | | 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 | | 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 | | 41 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA | £390,000 | 26/10/2021 | Detached | | 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 | | 52 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA | £210,000 | 25/06/2021 | Detached | **Area average:** £425,176 (17 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £471,273 (53 Detached, CO3, 2024–2026) - **Deviation:** -63.9% ## 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 | 0.21 miles | OpenRent | **Average rent: £1,300/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.76% (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:** 9.2% - **Cost-to-rent:** 10.9× - **Monthly cashflow:** £476/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 11.6% *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).* ## Price per Square Metre - **£/m²:** £3,333/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 4.1% - **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)