2-bedroom flat · CO6 2HH
To rentListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom first floor apartment located in the idyllic grounds of the Old Rectory within the popular village of Colne Engaine.
Accommodation with approximate room sizes:- A spiral staircase to the first floor provides access to the property.
ENTRANCE HALLWAY – BEDROOM ONE – 12’7 x 9’10 BEDROOM TWO – 11’5 x 6’1 KITCHEN/LIVING ROOM – 22’5 x 12’4 With built-in electric hob and oven with extractor fan over.
Integrated dishwasher and washing machine. Space for fridge/freezer. BATHROOM – Fitted with a matching white suite comprising bath, low level wc, double hand wash basin and walk-in shower cubicle.
OUTSIDE – A balcony offering space for alfresco dining, whilst enjoying the glorious views.
TERMS:- Rental initially at £1,200 per calendar month (exclusive of Council Tax and Electricity charges) with a deposit of £1,384.61 to be paid. Council Tax Band A.
WE REGRET NO SMOKING AND EXCELLENT REFERENCES WILL BE REQUIRED. Proof of ID and Residency will also be required. The Tenants will also be responsible for their own contents insurance.
HOLDING DEPOSIT:- One weeks rent - £276.92. This is to reserve a property.
Please note: this will be withheld if any relevant person (including a guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and/or Deed if Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).
SERVICES - We are advised by the Landlords that the property is connected to the mains electricity, water and drainage services. Water and drainage charges are included in the rent.
The Council Tax liability is shared with the adjoining flat as are the electricity charges.
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 Colne Engaine, Colchester, Essex, CO6
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