2-bedroom terraced house · CO3 3JG
For saleReduced £10k (−4%) on 14 OctListed 34 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Palmer & Partners are delighted to offer for sale this charming two-bedroom terraced home, ideally situated in the popular St Mary's area of Colchester.
The property is within easy walking distance of the historic city centre, together with the wide range of shops, cafés and restaurants found along Crouch Street.
For commuters, Colchester Town railway station and Colchester railway station are both readily accessible, providing mainline services to London Liverpool Street.
The area is also well served by a number of highly regarded schools, including Colchester Royal Grammar School and Colchester County High School for Girls.
Internally, the accommodation begins with a welcoming living room which leads through to a separate dining room.
The recently updated fitted kitchen offers a stylish and practical environment, featuring contemporary finishes and fittings.
The first floor comprises two well-proportioned bedrooms, complemented by a contemporary family bathroom featuring a bath and separate shower cubicle.
Externally, the property benefits from a low-maintenance courtyard-style garden, providing an ideal setting for outdoor seating and entertaining. To the front, on-street permit parking is available.
Palmer & Partners strongly recommend an early internal viewing to fully appreciate the accommodation, location and lifestyle this charming home has to offer and to avoid disappointment.
Living Room (3.68m x 3.56m) Dining Room (3.68m x 3.56m) Kitchen (3.07m x 2.06m) Landing Bedroom (3.66m x 3.56m) Bedroom (3.58m x 3.53m) Bathroom (3.07m x 2.13m)
Value & comps
No previous sales on record.
Returns
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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 13, Papillon Road, St. Marys, Essex
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