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See how verdicts work3-bedroom semi-detached house · CO2 7SJ
For saleListed 179 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with no onward chain, this well-presented three-bedroom semi-detached home is located in the highly sought-after New Town area of Colchester.
The property offers excellent access to local amenities, Colchester City Centre, and Colchester Town Station, which provides direct rail links to London Liverpool Street.
Internally, the accommodation comprises an inviting entrance hallway, a ground floor cloakroom/WC, a spacious lounge with double doors opening onto the rear garden, a separate dining room, and a fitted kitchen complete with a built-in oven and hob.
To the first floor, there are three well-proportioned bedrooms, with the principal bedroom benefiting from an en-suite shower room, in addition to a modern family bathroom.
Externally, the rear garden is mainly laid to lawn with a patio area, fully enclosed by wooden panel fencing, ideal for outdoor entertaining and family use.
The property further benefits from a garage and one off-road parking space. Early internal viewing is highly recommended to avoid disappointment. EPC: Tbc.
Entrance Hall (1.85m x 1.93m) Lounge (3.29m x 5.15m) Dining Room (2.72m x 2.92m) WC Kitchen (4.77m x 2.87m) First Floor Landing Bedroom One (3.84m x 3.02m) En-Suite (1.97m x 1.36m) Bedroom Two (3.3m x 2.65m) Bedroom Three (2.3m x 2.2m) Bathroom (2.16m x 1.87m)
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
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FAQ
About 19, Steed Crescent, New Town, Essex
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