2-bedroom flat · CO1 1DA
To rentReduced £100 (−9.1%) on 6 OctListed 30 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Palmer & Partners are very pleased to offer for let this well presented and impressive town centre penthouse apartment.
This property is on Colchester High Street opposite Fenwick’s and has all the amenities and benefits of Colchester's town centre on the doorstep.
Internally, this property offers a large entrance hallway, an impressive semi open-plan reception room with a modern kitchen and views across the rooftops of Colchester with a master bedroom with en-suite shower room, a second large double with ample storage and en-suite WC plus an additional main bathroom.
This property has just had a newly fitted bathroom and really is unique both in terms of location and feel. This property is offered unfurnished and is available from early November.
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 Flat 3, 15a, High Street, Essex
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