1-bedroom flat · CO2 0AR
Sold STCReduced £15k (−9.1%) on 30 JunListed 449 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary A well presented apartment, well located for amenities and a short distance to the stunning Mersea Island, offered with no onward chain.
Description Offered to the market with no onward chain, this one bedroom first floor apartment offers exceptional features. This apartment is offered with a 25% share of freehold.
The property has also been fitted with solar panels, which to help to reduce energy bills, Boasting a welcoming entrance way, spacious lounge with large windows, modern bathroom, fitted kitchen and bedroom.
The property is presented in excellent order and would make an ideal first time buy or downsize.
Conveniently located for amenities, including a parade of shops nearby and a short journey to Colchester's historic city centre, offering a wider array of dining, retail and leisure facilities.
Including the magnificent Castle Park. The home is a short distance from the well renowned Mersea Island.
With a stunning beach and a rural setting, giving the property great diversity and unique feel.
Also within easy reach, the A12 corridor and mainline railway station make this an ideal option for the commuter. Please call Connells to arrange your viewing!
Entrance Hall Lounge 16' 3" max x 17' 10" max ( 4.95m max x 5.44m max ) Kitchen 5' 10" x 9' 11" ( 1.78m x 3.02m ) Bedroom 8' 7" x 13' 7" ( 2.62m x 4.14m ) Bathroom We currently hold lease details as displayed above, should you require 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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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 4, Blenheim, Blenheim Drive, Colchester
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