2-bedroom flat · CO4 9SG
To rentReduced £50 (−4.5%) on 2 OctListed 38 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located to the North of Colchester in Highwoods is this two-bedroom second floor flat with excellent access to the A12, Colchester Severalls Business Park and various other local amenities.
Ideal for both single professionals or couples.
The property is accessed via the communal hallway with stairs leading to the private flat door, this leads into the hallway, comprising of a large reception room, kitchen, two sizeable bedrooms and a separate bathroom suite.
Externally the property benefits from a parking space and access to a small area of outside gardens.
California Close is located on the popular Highwoods estate, Highwoods is known for its vast country park with woodland walks, lakes and beautiful views of Colchester.
The area is well positioned for its easy access to the A12 and the Severalls industrial estate.
There are many local amenities within walking distance including a large Tesco Extra, a doctors surgery and both primary and secondary schools.
Highwoods is well connected with regular buses to the town centre and the General Hospital which is approximately 1.5 miles from the property and around 1 mile past that is the main North Station with direct links to Ipswich, Norwich and London's Liverpool Street.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 59, California Close, Colchester
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