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See how verdicts work1-bedroom terraced house · CO7 9DL
Sold STCListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the heart of lower Wivenhoe, this one-bedroom terraced cottage presents an excellent opportunity for buyers seeking a property to modernise to their own taste.
The property is within walking distance of village amenities, including shops, pubs, bus services and railway station, which offers services to London Liverpool Street in approximately 75 minutes.
Wivenhoe's picturesque waterfront is also close by. Viewing is highly recommended.
The accommodation with approximate room sizes comprises:- SITTING ROOM 12' 0" x 9' 3" plus recess (3.66m x 2.82m) Via wooden entrance door.
Sash window to front, radiator, storage cupboard and exposed floorboards, cast iron gas fire with surround.
Note: The gas fire has not been tested by Elms Price and Co, and the sellers advise that it is capped off.
KITCHEN 13' 6" x 10' 1" (4.11m x 3.07m) Sash window to rear, stairs to first floor, and door to rear courtyard.
Fitted with base and eye level units, roll top work surfaces, inset four ring gas hob with oven beneath, and an inset stainless steel sink with mixer tap. Space is provided for domestic appliances.
Radiator and freestanding Aga, which is currently not connected. FIRST FLOOR LANDING With a cast iron Victorian fireplace and radiator.
BEDROOM 13' 6" x 10' 0" (4.11m x 3.05m) Sash window to rear with views towards St Mary's Church, exposed floorboards, cast iron Victorian fireplace, radiator and storage cupboard above the stairs.
BATHROOM Sash window to front. Fitted with a WC, bath and wash basin. Airing cupboard housing hot water tank and wall mounted gas boiler, together with a wall mounted Dimplex heater.
Note: The gas boiler has not been tested by Elms Price and Co. OUTSIDE The property has a rear courtyard with an outside water tap. A wooden hatch with steps provides access down to the cellar.
CELLAR Currently used for storage. ADDITIONAL INFORMATION Council tax band : A. Local authority : Colchester City Council. Energy rating : to be confirmed
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 Alma Street, Wivenhoe
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