3-bedroom house · CO7 7HR
Listing removedReduced £15k (−2.8%) on 20 JunListed 191 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £540,000 to £550,000 - Occupying a delightful position with countryside aspect, a spacious three bedroom attached bungalow offering a tastefully presented interior in this highly regarded village.
Entrance door to entrance hall with doors leading off, large built in cloaks cupboard and further cupboard housing the gas boiler.
The good size sitting room has French doors opening onto the garden and double doors leading into the kitchen/diner providing wonderful entertaining and dining spaces.
The kitchen is fitted in a range of high quality with integrated appliances including fridge and freezer, dishwasher and washing machine.
There is a four ring hob and double oven and grill, fitted wall units, air conditioning unit and French doors opening onto the rear garden.
Bedroom one is a large double bedroom with built in wardrobe and en-suite shower room comprising tiled shower cubicle, wash hand basin, W.C and large mirror.
There are two additional well-proportioned bedrooms and a family bathroom with panel bath, wash hand basin, W.C, separate tiled shower cubicle and a large mirror.
Outside The property occupies a lovely position with shared access leading to the private driveway which leads to the attached garage - currently in use as a workshop with air conditioning units, insulated and boarded loft space, plumbing for a washing machine and door to the rear garden.
There is an electric charging point to the outside of the property. The rear garden is mainly lawned with paved terrace area, flower beds and provides an attractive countryside aspect.
Location The property occupies a lovely position in this highly regarded village and is close to local schooling and shopping facilities for day to day needs.
Colchester city centre is within comfortable driving distance with its excellent range of shopping and recreational facilities, wine bars, restaurants and Mercury theatre.
Directions Please use the postcode CO7 7HR for SatNav.
Important Information Council Tax Band - E Services - We understand that mains water, drainage, gas and electricity are connected to the property.
Tenure - Freehold EPC rating - B Ref - COL260272/gmb Agents note We are advised that no hgv's are to be left on the estate. We understand that there is an annual service charge of around £180.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 61, Meadow Close, Colchester
Explore nearby