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See how verdicts work6-bedroom terraced house · CO3 4NJ
For saleListed 19 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***guide price £325,000 - £350,000*** investment only | fully licensed HMO Palmer & Partners are delighted to offer to the market this six-bedroom terraced house, offered with no onward chain and situated in the highly sought-after area of Prettygate.
The property is conveniently located close to a range of local shops, amenities and bus services, while also providing excellent access to Colchester City Centre, Colchester North Station and Marks Tey Station, with mainline rail links to London Liverpool Street.
Internally, the accommodation comprises an entrance hall, lounge, kitchen/dining room, utility room, six bedrooms, shower room and bathroom.
The property is further enhanced by a good-sized rear garden and a front driveway providing off-road parking for three vehicles.
The property is currently configured as a fully licensed HMO, making it an ideal investment opportunity.
Palmer & Partners strongly recommend an early internal viewing to fully appreciate the accommodation and investment potential on offer.
HMO Information A maximum of six people are permitted to live at the property.
The vendor has provided us with the rental amount for each room as follows: Bedroom 1: £560 pcm Bedroom 2: £560 pcm Bedroom 3: £520 pcm Bedroom 4: £560 pcm Bedroom 5: £370 pcm Bedroom 6: Vacant
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 58, The Commons, Prettygate, Essex
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