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See how verdicts work2-bedroom flat · CO4 5YT
For saleReduced £10k (−5.3%) on 6 OctListed 67 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beresfords are delighted to offer for sale this well-presented two double bedroom top floor apartment, situated within the highly sought-after North Colchester area.
Offered with no onward chain, the property represents an excellent opportunity for first-time buyers, professionals and investors alike, combining well-proportioned accommodation with a highly convenient location.
The accommodation comprises a welcoming entrance hall, a spacious lounge, a well-appointed kitchen, two double bedrooms, with the principal bedroom benefiting from a modern en-suite shower room, together with a further family bathroom.
The top-floor position provides a sense of privacy and the property is well suited to modern day living.
Externally, the property benefits from an allocated parking space and well-maintained communal areas, providing a pleasant setting for residents.
The location is a particular highlight, with Colchester North station approximately 0.4 miles away, offering direct rail services to London Liverpool Street in under an hour, making this an ideal choice for commuters.
A wide range of everyday amenities are also close by, including supermarkets, retail parks, cafés, restaurants, fitness facilities and healthcare services, whilst Colchester's historic city centre is easily accessible and provides an extensive selection of shopping, leisure and entertainment facilities.
For those travelling by road, there is excellent access to the A12, providing convenient connections towards Chelmsford, London, Ipswich and the wider Essex and Suffolk regions.
With its combination of two double bedrooms, en-suite facilities, allocated parking, excellent transport links and no onward chain, this attractive apartment is expected to appeal to a wide range of buyers.
Early viewing is highly recommended.
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 81, Propelair Way, Essex
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