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See how verdicts work1-bedroom flat · CO3 3AH
For saleListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Maldon Court, Maldon Road, Colchester, CO3 Retirement Apartment (Over 55's) Situated in a highly convenient position within Colchester's vibrant City Centre, this well-presented one bedroom retirement apartment offers comfortable, low-maintenance living within a secure and welcoming community for the over 55's.
Offering an excellent balance of independence and peace of mind, Maldon Court benefits from excellent communal facilities and optional assisted living services, making it an ideal choice for those looking to downsize without compromise.
Apartment Internally, the apartment is accessed via a welcoming entrance hall with two useful storage cupboards, providing excellent practicality.
The generous lounge/dining room enjoys an abundance of natural light and offers ample space for both relaxing and entertaining, whilst the separate contemporary fitted kitchen has been thoughtfully designed with a range of modern gloss units, complimentary work surfaces, tiled splashbacks, integrated oven, electric hob with extractor over, inset sink and further appliance space, creating a bright and functional cooking environment.
The spacious double bedroom benefits from a built-in wardrobe, providing excellent storage, whilst the modern shower room has been fitted with a contemporary white suite comprising a large walk-in shower with glazed screen, vanity wash hand basin with storage beneath, low-level WC, heated towel rail and easy-maintenance wall finishes, offering both style and practicality.
Residents of Maldon Court enjoy access to a comfortable communal residents' lounge, providing an excellent social space to meet neighbours, enjoy organised activities or simply relax with visitors, helping to create a genuine sense of community.
The development also benefits from lift access to all floors, secure entry systems and an emergency pull-cord assistance system throughout, with on-site warden support available if required (additional charges may apply), providing added reassurance for residents and their families.
Residents permit parking is available, subject to availability but encourage all interested parties to confirm this set up at an early stage with a block representative.
Location Perfectly positioned within the heart of Colchester City Centre, Maldon Court offers exceptional convenience with a wide range of everyday amenities all within easy walking distance.
Residents can enjoy nearby supermarkets, independent shops, cafés, restaurants and leisure facilities, together with doctors' surgeries, pharmacies and other essential healthcare services.
Excellent public transport links are close by, including regular bus services throughout Colchester and the surrounding villages, whilst Colchester's railway stations provide direct services to London Liverpool Street, making the location ideal for visiting family and friends.
Leasehold Information We understand this property is offered on a leasehold basis, 99 years from 1 January 1987 and approximately 59 years remaining.
A service charge of £3570.60 (£297.55p pcm approx.) is payable per annum and ground rent of £138.92p payable bi-annually.
We understand initial enquires are being made by our client to possibly extend the lease but advise all interested parties to confirm any leasehold queries and associated charges with their legal representative at an early stage of their conveyance to prevent any discrepancy.
Offered with no onward chain, an early viewing is highly recommended to fully appreciate everything this excellent retirement apartment has to offer.
Contact Michaels Property Consultants today to arrange your appointment.£ Living Room 17' 11" x 10' 1" (5.46m x 3.07m) Kitchen 9' 3" x 6' 0" (2.82m x 1.83m) Bedroom 9' 8" x 9' 4" (2.95m x 2.84m)
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
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FAQ
About Maldon Court, Maldon Road, Colchester
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