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See how verdicts work3-bedroom house · CO3 8BT
For saleListed 106 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern three bedroom town house on a popular development close to Stanway Secondary School and excellent shopping facilities. The property has parking and an enclosed garden.
A double glazed entrance door leads to an entrance lobby with stairs to the first floor and door leading to the open plan living room / kitchen.
The kitchen has a range of modern fitted units with cupboards and drawers under, built-in four ring gas hob, electric oven with extractor fan over, plumbing for washing machine, sink with mixer taps, breakfast bar and a double glazed window to the front.
The living area has double glazed French doors to the rear garden. The cloakroom comprises a wash hand basin and WC.
On the first floor are two good size bedrooms located to the front and rear and the family bathroom comprising a panel bath with shower over, wash hand basin with mixer taps, WC and a double glazed window to the side.
The stairs from the landing lead to the second floor principal bedroom which is a good size and has skylight windows.
Outside To the rear of the property is an enclosed garden which is mainly laid to lawn with a pathway and gated rear access leading to the parking space.
Location The property is situated on a popular modern development close to Stanway Secondary School and good primary schooling.
There are nearby shopping facilities at Tollgate and Stane Park retail parks. The A12 can be accessed London bound for the M25 and A120 for London Stansted Airport.
The nearby station at Marks Tey offers services to London's Liverpool Street.
Directions SatNav - postcode CO3 8BT Important Information Council Tax Band – C Services - We understand that mains water, gas, drainage and electricity are connected to the property.
Tenure - Freehold EPC rating – B Our ref - TOL260209
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
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FAQ
About 8, Allen Aldridge Grove, Colchester
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