2-bedroom flat · CO4 5BP
To rentListed 30 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious and well-presented two-bedroom apartment situated in the popular Groves Close development, ideally positioned for Colchester North Station, Colchester Hospital and the city centre.
The property offers bright, generously proportioned accommodation throughout.
The large living room provides plenty of space for both lounge and dining furniture and benefits from excellent natural light.
The adjoining modern fitted kitchen features a good range of wall and base units, worktop space, providing a practical and well-equipped kitchen.
There are two well-proportioned double bedrooms, making the apartment suitable for a couple, small family or professional sharers.
The accommodation is completed by a modern family bathroom with a bath and shower over. Further benefits include a separate storage cupboard, providing useful additional storage within the apartment.
The location is particularly convenient for commuters and healthcare professionals, with Colchester North Station nearby, offering direct rail services to London Liverpool Street.
Colchester Hospital and Colchester city centre are also within easy reach, along with local shops, amenities and transport connections.
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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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 advisors 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 40, Groves Close, Colchester
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