2-bedroom flat · CO2 9GB
For saleReduced £5k (−3%) on 9 OctListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price: £165,000 - £175,000 Located in the sought-after Salamanca Way development, this stylish two-bedroom apartment offers contemporary living within easy reach of Colchester’s vibrant town centre, local amenities, and excellent transport links.
The property features a welcoming hallway leading into a spacious open-plan living and dining area, filled with natural light from large windows and providing a versatile space for both relaxation and entertaining.
The separate modern kitchen is well-appointed with fitted units and integrated appliances, making it both practical and sleek. The apartment offers two well-proportioned bedrooms.
The main bedroom is generously sized and the second bedroom is perfect as a guest room, home office, or study space.
The standout bathroom has been fitted and styled to an excellent standard, featuring on-trend white tiling with contrasting black grout, a shower-over-bath with glass screen, contemporary basin, and heated towel rail, all complemented by fresh neutral décor and modern fixtures.
Additional features include secure entry, well-maintained communal areas, and excellent energy efficiency.
Perfect for first-time buyers, downsizers, or investors, this stylish property combines modern comfort with a convenient Colchester location. There is also one allocated parking space.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 22, Salamanca Way, Colchester
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