2-bedroom flat · CO4 5ZJ
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Opportunity summary
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About
Guide Price £160,000 - £170,000 Occupying a desirable position within the popular Chapman Place development to the north of Colchester, this beautifully presented two-bedroom apartment offers stylish, low-maintenance living with a spacious open-plan layout and excellent access to local amenities, Colchester General Hospital, the A12 and Colchester North Station, making it an ideal purchase for first-time buyers, professionals, downsizers and investors alike.
Upon entering, you are welcomed by a generous entrance hall that provides access to all principal rooms and enhances the feeling of space throughout the apartment.
The true heart of the home is the impressive open-plan kitchen, dining and living area, measuring over 26ft in length.
Bathed in natural light, this superb room provides the perfect environment for modern living, whether relaxing after a long day, entertaining friends or enjoying family meals.
The contemporary kitchen offers ample worktop space and storage, seamlessly blending style and practicality.
The apartment features two well-proportioned bedrooms, both capable of accommodating double beds, making the property particularly appealing for professional sharers, young families or those seeking additional space for guests or home working.
The modern bathroom is finished with a clean and contemporary suite, complementing the high standard found throughout the property. Externally, the property benefits from one allocated parking space.
EPC Rating: B Disclaimer These particulars are for guidance only and do not form part of any offer or contract.
All measurements, images and floor plans are approximate and for illustrative purposes only. Services, appliances and systems have not been tested and no warranty is given as to their condition.
Buyers and tenants must rely on their own inspections, surveys and legal enquiries to verify all material information that is important to them.
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All relevant checks must be completed and verification confirmed before we can progress with the...
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Chapman Place, Colchester, CO4
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