3-bedroom terraced house · CO6 1QN
For saleReduced £45k (−9.1%) on 22 AugListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Philip James Estates are pleased to offer this property with no onward chain and viewing is highly recommended to appreciate the enhancements that the vendor has recently carried out.
The property consists of lounge, large kitchen diner and downstairs cloakroom all which have been remodelled and have been fitted with underfloor heating and luxury kitchen.
To the first floor there are three bedrooms and family bathroom. Large rear garden commencing with patio area and summer house at the rear. Off road parking for several cars.
Please call to arrange an early viewing Entrance Door Front door leading to :- Lounge (6.19 x 3.62 (20'3" x 11'10")) Two double glazed windows to the front aspect, underfloor heating, herringbone flooring, exposed beams.
Brick fireplace with open fire, built in storage cupboards.
Kitchen/Diner (8.19 x 3.62 (26'10" x 11'10")) Recently fitted luxury kitchen with granite worksurfaces, range of base and eye level units incorporating butler sink, double oven, microwave, hob and extractor Fridge freezer, washing machine and dishwasher and wine store all integral, exposed beams, Bi-fold doors to rear, Lantern skylight giving the area plenty of natural light.
Underfloor heating, herringbone flooring.
Double glazed window given side access, door to :- Downstairs Cloakroom Low Level WC, wash hand basin inset to vanity unit, heated towel rail, herring bone flooring.
Stairs And Landing Stairs raising from first floor from dining area, loft hatch, storage cupboard, doors to :- Bedroom One (3.64 x 3.54 (11'11" x 11'7")) Double glazed window to front aspect, radiator, exposed beam.
Bedroom Two (3.80 x 2.60 (12'5" x 8'6")) Double glazed window to rear aspect, radiator. Bedroom Three (2.73 x 2.53 (8'11" x 8'3")) Double glazed window to front aspect, feature radiator.
Bathroom Double glazed window to rear aspect, low level WC, pedestal wash hand basin, panel bath, feature radiator, part tiled walls to compliment Outside To the rear there is a large rear garden approx 100ft in length, summer house with power and light connected, garden commencing with large patio area with remaining laid mainly to lawn.
To the front there is off road parking for several cars.
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 91, Tilkey Road, Colchester
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