2-bedroom flat · CO2 9JX
For saleReduced £10k (−5%) on 8 SepListed 106 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £200,000 to £210,000.
Situated just off Earlswood Way, this immaculately presented two double bedroom third floor apartment represents an outstanding opportunity for first-time buyers or those seeking a stylish, move-in-ready home.
Exceptionally presented throughout, the apartment now offers prospective purchasers a true turnkey property finished to an excellent standard.
The accommodation begins with a welcoming entrance hall featuring both a coat cupboard and a useful storage cupboard housing the washing machine.
From here, the home opens into a bright and spacious open-plan living and dining area, perfectly designed for modern living and entertaining, with direct access onto a private terrace/balcony.
The contemporary kitchen flows seamlessly from the living space and is fitted with a range of modern units, providing both practicality and style.
There are two well-proportioned double bedrooms, alongside a modern three-piece bathroom suite finished in a clean, contemporary design.
Externally, the property benefits from a private decked terrace — an ideal spot for a bistro set and outdoor relaxation.
Further advantages include one allocated parking space, as well as communal bin and bike storage.
An ideal first purchase or investment opportunity, early viewings are highly recommended to fully appreciate the quality of accommodation on offer.
Lease Information: We have been advised that there is 194 years remaining on the lease, with a service charge of approximately £1855 per annum.
Kitchen 12' 4" x 6' 4" (3.76m x 1.93m) Living Room 16' 5" x 9' 3" (5.00m x 2.82m) Bedroom One 13' 1" x 10' 2" (3.99m x 3.10m) Bedroom Two 13' 2" x 8' 1" (4.01m x 2.46m) Private Terrace 11' 9" x 5' 2" (3.58m x 1.57m) Bathroom 6' 3" x 5' 6" (1.91m x 1.68m)
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
FAQ
About Raymouth House, Earlswood Way, Colchester
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