2-bedroom maisonette · CO4 3RE
For saleListed 493 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** guide price £160,000 - £170,000 ** Currently tenanted until summer 2026 ** Located to the East of Colchester in the popular Greenstead area, this well-presented and generously proportioned two-bedroom first floor maisonette offers an excellent opportunity for buy-to-let investors.
Unlike many similar properties in the area, this maisonette has retained its original layout and has not been converted into three or four bedrooms, an excellent opportunity for investors to buy a property with a tenant already in occupancy.
The property features spacious and versatile living throughout, including a bright and airy lounge/diner, a separate fully fitted kitchen, two good-sized double bedrooms and a family bathroom.
To the rear, you'll find a private garden area, which with a little care could be perfect for relaxing or entertaining.
Set within easy reach of local amenities, the property is just a short distance from the University of Essex, Hythe Train Station, Colchester Town Centre, and local supermarkets such as Tesco and Aldi.
There are also a range of nearby primary and secondary schools, regular bus services, and access to open green spaces and walking routes. With the added advantage of no onward chain.
Please note that ground rent and service charges can vary over time.
Prospective purchasers are advised to verify the current costs and terms with their solicitor to ensure accuracy before proceeding with any purchase
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 72, Forest Road, Colchester
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