2-bedroom bungalow · CO4 9RP
Sold STCListed 24 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***guide price £200,000 - £220,000*** Offered for sale with no onward chain, Palmer & Partners are delighted to present this well-positioned two-bedroom semi-detached bungalow, situated in the popular Highwoods area to the north of Colchester.
The property is ideally located for easy access to a range of local shops and amenities, as well as the A12, A120, Colchester General Hospital and Colchester North Station.
Internally, the accommodation comprises an entrance hall, spacious lounge/diner, fitted kitchen, two good-sized bedrooms and a shower room.
The property has recently benefited from new carpets and has been freshly painted.
Externally, the property offers a generous rear garden, which is mainly laid to lawn and provides a good degree of outdoor space.
To the front, there is a driveway providing off-road parking leading to a large garage.
Palmer & Partners strongly advise an early internal viewing to fully appreciate the accommodation and avoid disappointment.
Entrance Hall Lounge/Diner (5.13m x 3.25m) Kitchen (2.62m x 1.98m) Main Bedroom (3.18m x 3.02m) Bedroom Two (2.77m x 2.29m) Shower Room (1.7m x 2.03m)
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 24, Sioux Close, Colchester
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