3-bedroom house · CO2 8UJ
Listing removedReduced £50 (−3.6%) on 21 AugListed 116 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Palmer and Partners are thrilled to offer this three bedroom family home to the Colchester lettings market.
This well presented home is located on the popular Australia estate in Blackheath which is close to local schools and provides easy access to Colchester City.
The property is end terrace and boasts an off road position with a greensward to the front of the property and vehicle access at the rear.
The accommodation comprises of an enclosed porch to the front with storage which leads to a part open plan Living room Diner reaching from the front of the property to the rear.
Also at the rear of the property is the kitchen with a new boiler and integrated electric hob. A door from the kitchen leads to a low maintenance garden.
The first floor of the property is accessible for the staircase in the living room and comprises of a Bathroom with shower over the bath.
Two large bedrooms at the front and rear respectively in addition to a smaller bedroom also at the front of the house. The property is marketed as unfurnished and is available Beginning of March
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 26, Rockhampton Walk, Essex
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