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£250,000
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2 bed flat for sale Lexden Road, Colchester, CO3 3RA

2 beds 1 bath Flat
Tenure: ask agent

Added today

About this property

A beautifully presented two-bedroom first-floor apartment situated in the highly sought-after Lexden area of Colchester. Both bright and spacious, the property features a generous lounge/dining room, modern fitted kitchen with integrated appliances, two double bedrooms and a contemporary bathroom. Further benefits include gas central heating, a share of freehold, allocated parking, visitor parking and attractive communal gardens.

Key features

  • Beautifully presented two-bedroom first-floor apartment
  • Contemporary finish throughout
  • Situated in the highly sought-after Lexden location
  • Share of freehold ownership
  • Modern fitted kitchen with integrated appliances
  • Allocated parking space plus additional visitor parking
  • Beautifully maintained communal gardens

Floorplan

Price guide

This home
£322 / sq ft
Area average (sold)
£366 / sq ft
Price per area, sold homes nearby
Lowest
This home
Highest

£322 per sq ft, below the middle of recent sales in CO3 (£273–£457, 10th–90th percentile, 1,007 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 1,007 homes sold in CO3 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in CO3 →

Location

Lexden Road, Colchester, CO3 3RA

Council tax
Band D (Approx £2,283/year)

Mortgage and stamp duty

Property price £250,000
£125k £375k
Deposit10% £25,000
£0 £250k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £225,000 mortgage. Most lenders would want a household income of about £50,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in CO3 3RA. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
Flat 5, Beech Tree Lodge, Lexden Road Flat / maisonetteOct 2022646 sq ft £372/sq ft£240,000
Flat 5, Beech Tree Lodge, Lexden Road Flat / maisonetteDec 2021646 sq ft £355/sq ft£229,000
Flat 1, Beech Tree Lodge, Lexden Road Flat / maisonetteSept 2019700 sq ft £357/sq ft£250,000
Flat 3, Beech Tree Lodge, Lexden Road Flat / maisonetteDec 2018829 sq ft £293/sq ft£242,500
Flat 5, Beech Tree Lodge, Lexden Road Flat / maisonetteNov 2018646 sq ft £316/sq ft£204,000
Flat 4, Beech Tree Lodge, Lexden Road Flat / maisonetteSept 2017840 sq ft £298/sq ft£250,000
Flat 5, Beech Tree Lodge, Lexden Road Flat / maisonetteDec 2016646 sq ft £302/sq ft£195,000
Flat 1, Beech Tree Lodge, Lexden Road Flat / maisonetteFeb 2013700 sq ft £314/sq ft£220,000

All sales on Lexden Road → All sold prices in Colchester →

Area insights

The neighbourhood around this property.

Marketed by
eXp UK, Olly Morgan
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