2-bedroom flat · CO3 3QD
Sold STCListed 183 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** GUIDE PRICE £250,000 - £260,000 ** This exceptional two-bedroom apartment at Brook Lodge offers modern living and superb convenience in Colchester.
Situated in a highly sought-after location, it is within comfortable walking distance of the vibrant city centre, providing easy access to shops, restaurants, and transport links.
The apartment features a bright dual aspect lounge/diner with stylish shutters and a modern fitted kitchen. Accommodation includes two well-proportioned bedrooms and a well-appointed bathroom.
Comfort is assured with gas central heating. Residents benefit from beautifully maintained communal gardens and a private seating area by the front door.
Practical amenities include a private garage and additional off-road parking. This apartment is an excellent choice for first-time buyers, those looking to downsize, or investors.
Early viewing is highly recommended.
Entrance Hallway Entrance door, cupboard and airing cupboard housing the boiler, radiator, doors leading off Kitchen 5'4" x 8'11" Double glazed window to front, modern fitted kitchen comprising matching wall and base level units with work surfaces over, inset stainless steel sink with drainer to side, mixer tap over and drainer to side, inset hob with extractor over, integrated oven, space for washing machine and fridge/freezer Lounge/Diner 18' x 11'11" Double glazed windows to side and rear with fitted shutters, radiators Master Bedroom 8'11" x 14'3" Double glazed window to rear, wardrobe, radiator Bedroom Two 8'10" x 8' Double glazed window to rear, radiator Bathroom 8'3" x 4'11" Double glazed window to front, panelled bath with shower over, close coupled WC, pedestal wash hand basin with taps over, radiator Outside of Property Small private space by the front door for table and chairs, well kept communal gardens, the property also benefits from a garage and off parking Agents note: Anti-Money Laundering (AML) Compliance As part of our commitment to meeting UK Anti-Money Laundering (AML) regulations, Harris + Wood are required by law to confirm the identity of all purchasers before a sale can proceed.
To make this process as straightforward as possible, we work with an independent verification service, Clearcheck, who conduct these checks on our behalf.
A small verification fee applies for each purchaser. These checks must be fully completed and verified before we are able to progress with your purchase.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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 Brook Lodge, 28 Lexden Road, Colchester, Essex, CO3
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