2-bedroom flat · CO7 9FF
For saleListed 236 days
Opportunity summary
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About
A rare opportunity to acquire a stunning, south-facing duplex penthouse apartment with a generous, triple-aspect living room, sunny balconies on two floors, superb main bedroom and outstanding views over the river and wet dock.
The property occupies a sought-after position overlooking the quayside of the River Colne, ideal for fantastic walks along the river, as well as the nearby railway station, local shopping and recreational facilities.
A communal entrance door leads to the communal entrance hall with stairflight to first floor.
The property's private front door opens into a spacious picture-gallery-type entrance hall with access to the second bedroom on the right, stairs to the second floor, utility cupboard housing the gas fired boiler and access to the cloakroom with a low level WC and wash basin.
The triple-aspect, south-facing sitting/dining room is the focal point of this delightful apartment with wonderful water views providing a tranquil living and entertaining space.
A glazed door leads onto the first-floor balcony providing a lovely outlook and seating area.
The kitchen has fitted work surfaces with cupboards and drawers under, hob, built-in double oven and grill, integrated fridge/freezer, integrated washing machine and inset one and a half bowl sink.
Bedroom two is a good sized double with walk-in wardrobe and en-suite shower room providing tiled shower cubicle, wash basin and low level WC.
On the second floor is the impressive main bedroom with enough space for an art studio and/or music room.
It has a walk-in wardrobe, triple aspect windows and glazed door to balcony with room for a sun lounger and a fantastic outlook.
The generous second-floor bathroom has a suite comprising panelled bath, wash basin, low level WC and tiled shower cubicle.
Outside There is a garage belonging to the property, with a parking space in front.
Location The property occupies a sought-after position overlooking the quayside of the River Colne, ideal for fantastic walks along the river, as well as the nearby railway station, local shopping and recreational facilities.
Colchester city centre is within comfortable driving distance with its excellent range of shopping and recreational facilities.
Directions Please use a Sat Nav with the postcode CO7 9FF Important Information Council Tax Band - D Services – We understand mains water, drainage, gas and electric are connected to the property.
Tenure - Leasehold EPC – B Our ref - COL240149 GMB Lease information Maintained on an original 120 year lease from 2009 Maintenance charge - £2,190 per annum Ground rent - £250 per annum Agent's note Pets are not allowed according to the lease, however many residents in the block do have cats and dogs
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.
Area
Agent & docs
FAQ
About Walter Radcliffe Road, Wivenhoe, Colchester, Essex, CO7
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