4-bedroom house · CO3 4SH
Listing removedReduced £150 (−6.3%) on 29 JulListed 98 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 2973358. Property description front - outside Driveway providing parking for 3-4 cars, shrub borders, side gate leading to rear garden.
Entrance - Entrance door to porch with tiled flooring and window to side aspect, further door leading to hallway. Storage cupboard, oak flooring, cupboard understairs.
Door to Ground floor bathroom Fully tiled walls, low flush WC, pedestal wash hand basin, shower cubicle, window to side aspect. Bedroom five/study 10' x 7' 4" (3.05m x 2.24m) Window to side, radiator.
Lounge 17' 4" x 10' 3" (5.28m x 3.12m) Window to front aspect, radiator, featured gas fireplace with surround, oak flooring kitchen/diner 20' 0" x 14' 0" (6.1m x 4.27m) Two windows and door to rear aspect, window to side aspect, radiator.
Kitchen area with matching base and wall units, drawers beneath.Dining area separate by breakfast bar, space for large family dining table.
Electric double oven, electric hob, integral fridge freezer, dishwasher and washing machine. Splash tiling, one and a half sink drainer, granite work surfaces.
First Floor landing Access to loft space, radiator. Door to Bedroom one 14' 11" x 10' 5" (4.55m x 3.18m) Airing cupboard, window to front aspect, radiator.
Bedroom two 16' 8" x 9' 11" (5.08m x 3.02m) Built in wardrobes with desk area, radiator, window to rear aspect. Bedroom three 14' 8" x 9' 6" (4.47m x 2.9m) Radiator, window to rear aspect.
Bedroom four 9' 8" x 7' (2.95m x 2.13m) Window to front aspect, radiator, storage cupboard. Family bathroom Fully tiled floor and walls, heated towel rail, window to side aspect, inset spotlights.
Modern recently refitted bathroom suite comprising of panel bath, shower over with glass door, pedestal wash hand basin and low flush WC.
Rear garden Garden measuring around 20 m in length.Patio area leading to lawn with shrub borders, brick built storage shed and two further wooden sheds set to remain.
Summary & Exclusions: - Rent Amount: £2,400.00 per month (£553.85 per week) - Deposit / Bond: £2,769.23 - 4 Bedrooms - 2 Bathrooms - Property comes unfurnished - Available to move in from 12 August 2026 - Maximum number of tenants is 6 - Students welcome to enquire - Smokers considered - Bills not included - Property has parking - Property has garden access - Property has fireplace - EPC Rating: D If calling, please quote reference: 2973358 Fees: You will not be charged any admin fees.
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Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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
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FAQ
About Reaper Road, Colchester
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