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See how verdicts work2-bedroom semi-detached house · CO7 0RE
For saleReduced £10k (−2.9%) on 8 OctListed 63 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**an exceptionally presented two bedroom semi-detached chalet house located on this popular development** A brilliant opportunity to acquire this heavily refurbished family home located just a few minutes walk to a well reputed secondary school and just a short walk/drive to the town centre, Marina, Lido and beach.
The present owners have owned the property for the last eight years and in that time have carried out a comprehensive range of improvements.
A main benefit is an ultra modern open plan kitchen/dining/living space with a recently installed fitted kitchen (new appliances and central Island) inset flush wood burner and French doors leading to the rear garden.
The first floor has an updated shower room and sympathetic decor and floor coverings have been added to all rooms.
The exterior has also benefitted from a make over with new windows and doors matching with complimenting panelling.
As agents we would highly recommend an internal inspection to appreciate the features on offer.
No chain Living/Kitchen/Dining Room (24' 7'' x 18' 4'' (7.49m x 5.58m)) Replacement entrance door, double glazed window to front & rear elevations, double glazed French doors to rear garden.
Stair flight to first floor landing, feature wood burner. Stainless steel single drainer sink unit with mixer tap and cupboards under.
Range of cupboards, drawers and units with adjacent work tops and wall mounted matching units. Concealed filter hood over a four ring induction hob with electric oven under.
Integrated Bosch dishwasher, space for washing machine and space for tumble dryer. Feature central island with matching work top and storage cupboards & drawers under.
Laminate flooring, two radiators. Cloakroom (4' 8'' x 2' 4'' (1.42m x 0.71m)) Recessed lighting, double glazed frosted window to side elevation.
Low level WC with concealed cistern and wash hand basin with mixer tap. Wood effect tiled flooring. First Floor Landing Access to loft space, double glazed window to side elevation.
Wooden flooring, radiator. Bedroom One (12' 7'' x 8' 8'' (3.83m x 2.64m)) Two double glazed windows to front elevation, fitted wall to wall cupboards. Wooden flooring, radiator.
Bedroom Two (9' 0'' x 8' 9'' (2.74m x 2.66m)) Double glazed window to rear elevation, wooden flooring, radiator.
Shower Room (8' 0'' x 5' 6'' (2.44m x 1.68m)) Recessed lighting, double glazed frosted window to rear elevation.
Low level WC with concealed cistern, over sized wash hand basin with vanity cupboards under and double shower cubicle with screen doors. Tiled walls and flooring, heated towel radiator.
Front Garden Open plan with block paved driveway and patterned concrete area for off road parking. Double wooden gates to side access. Rear Garden Large decked area, laid mainly to lawn.
Fencing, timber shed, outside water tap. Access to side via double wooden gates.
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 26, Fordwich Road, Colchester
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