2-bedroom flat · CO2 8WL
For saleReduced £10k (−5.6%) on 2 JulListed 178 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Guide Price £180,000 - £190,000 ** Modern 2-Bed Ground Floor Apartment In Colchester With Parking ** guide price £180,000 - £190,000 ** This exceptional two-bedroom ground floor apartment offers a fantastic opportunity for first-time buyers, downsizers, or investors seeking a well-appointed home in Colchester.
Situated in a convenient location, the property benefits from easy access to a range of local amenities, including shops, schools, and transport links, making it an ideal choice for modern living.
Upon entering, you are greeted by a welcoming entrance hall. The heart of this home is undoubtedly the spacious sitting/dining room, a versatile area perfect for both relaxing and entertaining.
Large windows allow natural light to flood the space, creating a bright and airy atmosphere.
The contemporary kitchen is separate from the main living area and features a range of wall and base units, providing generous storage and worktop space.
The apartment boasts two well-proportioned bedrooms. The master bedroom benefits from its own private en suite shower room, offering convenience and a touch of luxury.
The second bedroom is equally comfortable and versatile. Complementing the en suite, there is a separate, modern family bathroom, fitted with a white three-piece suite.
Externally, the property benefits from an allocated parking space, a highly sought-after feature in this popular area. Early viewing is highly recommended.
Entrance Hallway Entrance door, airing cupboard, doors leading off Sitting/Dining room 11'1" x 18'7" Double glazed windows to side and rear, patio doors to rear, radiator, door to: Kitchen 11'1" x 6'9" Double glazed window to rear, fitted kitchen with matching wall and base level units with work surfaces over, inset sink with drainer to side and mixer tap over, four ring hob with extractor fan over, integrated oven, fridge/freezer, washing machine and dishwasher Bedroom 9'4" x 14'4" Double glazed window to side, radiator, door to: En Suite 5'1" x 5'2" Large corner shower, close coupled WC, wash hand basin with taps over, electric heater Bedroom 7'6" x 14'7" Double glazed window to side, radiator Bathroom 6'1" x 6'8" Panelled bath with shower over, pedestal wash hand basin with taps over, close coupled WC, electric heater Outside of Property One allocated parking space, patio doors lead out from the flat which enable use of outside space 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
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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 15 Rose Allen Avenue, Colchester, Essex
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