2-bedroom house · CO7 9JJ
Listing removedReduced £25k (−6.7%) on 20 JunListed 202 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Early viewings are strongly advised within this charming 2/3 cottage in lower Wivenhoe just minutes away from the mainline train station, picturesque waterfront and fantastic local shops/pubs.
Highlights of this character filled home include a spacious living room with an open inglenook fireplace, separate dining room, kitchen with stable door, utility, extended reception room / third bedroom with vaulted celling and ground floor bathroom.
On the first floor there is an impressive double main bedroom, good sized second bedroom. Outside the property boasts a lovely rear courtyard. Full inspections are highly recommended.
Entrance Hall Stairs to first floor, doors to Living Room 11' 10'' x 11' 0'' (3.60m x 3.35m) Sash window to front, feature brick fireplace with log burner, wooden flooring.
Dining Room 11' 10'' x 9' 6'' (3.60m x 2.89m) Sash window to rear overlooking the courtyard garden, wooden flooring, fireplace, understairs storage cupboard, door to Kitchen 11' 5'' x 7' 5'' (3.48m x 2.26m) Windows overlooking courtyard, stable door to side, tiled floor inset spot lights, fitted kitchen with a range of wall and base units, laminate worktops, inset sink, space for oven, fridge/freezer and slimline dish washer.
Utility Area Tiled floor, space for washing machine, wall mounted boiler, tiled flooring Reception Room/ Bedroom 3 14' 0'' x 10' 0'' (4.26m x 3.05m) French doors over looking the court yard garden, Velux window, radiator, Ground Floor Bathroom Inset spot lights, part tiled walls and tiled flooring, paneled bath with wall mounted shower low level WC, vanity wash hand basin, heated ladder towel rail Landing Doors leading to: Bedroom 1 11' 10'' x 11' 0'' (3.60m x 3.35m) Sash window to front, cast iron fireplace, storage cupboard, stripped wooden flooring Bedroom 2 11' 11'' x 9' 4'' (3.63m x 2.84m) Sash window to rear, painted wooden flooring, storage cupboard.
Rear Gated side access, paved court yard garden, . Presentation side access for the neighboring property.
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 21, Queens Road, Colchester
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