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See how verdicts work2-bedroom bungalow · CO3 4JG
For saleListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with No Onward Chain is this well proportioned two bedroom detached bungalow situated within the popular Poets Corner area of Colchester, having been a much loved family home for over 25 years.
Offering approximately 783 sq ft of accommodation, the property provides flexible living space, a garage, driveway and established rear garden.
The accommodation begins with an entrance hall leading through to a particularly spacious living and dining area, providing an excellent central space for both relaxing and entertaining.
The current layout offers a generous open feel, while also providing an exciting opportunity for the new owner to adapt the accommodation to suit their own requirements.
One of the key benefits is the flexibility of the current layout.
Subject to any necessary permissions, the existing living and dining arrangement could potentially be altered by creating a dividing wall from the hallway through the current dining area, providing a third bedroom while retaining a separate living space.
This makes the property particularly appealing to those looking for a bungalow that can evolve with their needs.
The separate kitchen has been updated in recent years and is well equipped with a range of fitted units.
The kitchen also benefits from a side door access via a ramp that leads out to the side access to the front and rear of the bungalow.
There is also a modern family bathroom, while both existing bedrooms are well proportioned. The principal bedroom benefits from its own en suite shower room, providing a useful additional facility.
Externally, the property enjoys an established rear garden with a large patio area and space previously used for a summer house and shed, with the existing bases remaining.
To the front, a widened driveway provides off road parking and leads to the garage, which benefits from power and lighting.
The property has been considerably improved during the current family's ownership, including a replacement kitchen, new boiler, replacement garage roof, UPVC fascias, soffits, gutters and downpipes, replacement fencing, bathroom improvements and new flooring.
Further improvements include updated lighting, external security lighting, cavity wall insulation and a loft ladder with lighting.
Having been in the same family for over 25 years, this is a property that has been well cared for and continually improved.
The combination of its detached position, flexible accommodation, garage and potential to create a third bedroom makes this a particularly versatile bungalow.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 3, Keats Road, Colchester
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