3-bedroom semi-detached house · CO2 8QG
Sold STCReduced £10k (−3.3%) on 25 SepListed 45 days
Opportunity summary
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About
Palmer & Partners are pleased to offer for sale this three-bedroom semi-detached home, offered with no onward chain, situated on Mersea Road in a sought-after area to the south of Colchester city centre.
The property is ideally positioned within walking distance of a wide range of local amenities, including shops, convenience stores, takeaways, a local public house, nurseries and schools, making this an excellent location for families and those seeking convenient access to everyday facilities.
The accommodation begins with the living room, which features a box bay window to the front and an attractive feature fireplace.
An opening leads through to the dining room with stairs rising to the first floor with useful storage beneath.
The kitchen is fitted with a range of matching eye-level and low-level units, an integrated oven and grill, space for a fridge/freezer and tumble dryer, together with space and plumbing for a washing machine.
A ground floor bathroom completes the ground floor accommodation. To the first floor, the landing provides access to three bedrooms and a shower room.
Outside, the property benefits from a good-sized rear garden, commencing with a hardstanding area, with the remainder mainly laid to lawn and complemented by a garden shed.
To the front, there is driveway parking, while shared side access leads to a single garage with an up-and-over door and additional service door to the side.
Palmer & Partners strongly advise an early internal viewing to fully appreciate the accommodation on offer and avoid disappointment.
Living Room (3.5m x 4.22m) Dining Room (3.56m x 3.5m) Kitchen (4.57m x 2.41m) Ground Floor Bathroom Landing Bedroom (3.48m x 4.34m) Bedroom (3.53m x 2.72m) Shower Room Bedroom (2.67m x 2.44m)
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 220, Mersea Road, Essex
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