3-bedroom bungalow · CO3 4HW
For saleListed today
Opportunity summary
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About
GUIDE PRICE: £475,000 - £500,000. A beautifully extended and fully renovated three-bedroom detached bungalow, finished to a high standard throughout.
Located on Thompson Avenue, Colchester, CO3, this impressive detached bungalow has been thoughtfully extended and completely renovated by the current owners, creating a spacious and contemporary home with versatile accommodation.
The property offers a particularly impressive open-plan kitchen, living and dining room, measuring over 27ft in length and forming the main hub of the home.
The space provides plenty of room for both everyday living and entertaining, with a modern finish throughout.
The accommodation further comprises four well-proportioned bedrooms, including a generous principal bedroom, along with two modern bathrooms.
The layout provides excellent flexibility for families, guests or those requiring additional space for home working.
A welcoming entrance hallway provides access to the various rooms, while the property also benefits from a garage and off-road driveway parking to the front, providing useful parking and storage.
Externally, the property benefits from a rear garden, featuring a raised decking area ideal for outdoor seating and entertaining, with steps leading down to a further lower section of garden.
Having been extended and fully renovated by the current owners, this property offers the opportunity to acquire a turnkey three-bedroom detached bungalow, combining the convenience of single-storey living with generous and versatile accommodation.
EPC Rating: D Disclaimer These particulars are for guidance only and do not form part of any offer or contract.
All measurements, images and floor plans are approximate and for illustrative purposes only. Services, appliances and systems have not been tested and no warranty is given as to their condition.
Buyers and tenants must rely on their own inspections, surveys and legal enquiries to verify all material information that is important to them.
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Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Thompson Avenue, Colchester, CO3
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