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See how verdicts work1-bedroom flat · CO4 5ZF
For saleReduced £20k (−15.4%) on 21 AugListed 221 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary A modern one-bedroom apartment on Colchester’s High Street offering generous open-plan living and instant access to shops, cafés, amenities, and excellent commuter links, perfect for anyone seeking a true city-centre lifestyle.
Description *guide price: £130,000 - £140,000* This well-presented top-floor one-bedroom apartment offers an excellent chance to secure a modern home in a highly convenient part of Colchester, and it is available with no onward chain.
It suits first-time buyers looking for an easy, low-maintenance start or investors seeking a reliable rental property in a strong location.
The apartment opens into a bright entrance hallway with built-in storage, leading to a spacious double bedroom and a contemporary bathroom fitted with a shower over the bath.
The open-plan living and kitchen area provides a comfortable and versatile space, complete with integrated appliances and plenty of natural light.
Outside, the property includes a private carport offering secure off-road parking.
The location is ideal for commuters, with Colchester North Station just a short walk away and direct trains to London Liverpool Street in under an hour.
Entrance Hall Bathroom 8' 3" x 8' 6" ( 2.51m x 2.59m ) Bedroom 8' 6" x 14' 7" ( 2.59m x 4.45m ) Kitchen / Living Room 12' 2" x 13' 10" ( 3.71m x 4.22m ) Lease details are currently being compiled.
For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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
FAQ
About 8, Wheelwright Place, Colchester
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