2-bedroom bungalow · CO5 7PH
For saleReduced £40k (−13.3%) on 8 JulListed 234 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the desirable village of Abberton, Colchester, this two bedroom detached bungalow presents an exciting opportunity for buyers seeking a property with scope for improvement and personalisation.
Requiring renovation throughout, the home offers excellent potential to modernise and extend (subject to the necessary planning permissions), creating a superb long-term residence in a sought-after semi-rural setting.
The accommodation currently comprises of a welcoming entrance area leading through to a spacious living room, providing a central focal point to the property.
The kitchen offers functional space with potential to redesign into a contemporary kitchen / diner, while both bedrooms are well-proportioned and adaptable to suit a variety of needs.
A family bathroom completes the internal layout. Externally, the property benefits from a garage, providing secure parking or additional storage space.
The plot offers surrounding outdoor space with clear potential for landscaping and enhancement, subject to individual preference.
Abberton is a highly regarded village location, well known for its countryside surroundings and proximity to Abberton Reservoir, offering scenic walks and wildlife.
Despite its peaceful setting, the property remains within convenient reach of Colchester city centre, local amenities, and mainline rail links.
Offering strong potential in a desirable village position, this detached bungalow represents an excellent opportunity for buyers looking to create a home tailored to their own specification.
Entrance Hall Living Room (10' 11" x 16' 5") Kitchen (11' 0" x 8' 2") Bedroom One (10' 11" x 12' 11") Bedroom Two (11' 0" x 9' 10") Bathroom (5' 5" x 7' 11")
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
FAQ
About 8, Meadow Way, Colchester
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