3-bedroom house · CO7 9QU
Listing removedListed 50 days
Opportunity summary
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About
***guide price £350,000 - £375,000*** Palmer & Partners are delighted to offer for sale, with no onward chain, this spacious three-bedroom link-detached family home, ideally located in the highly sought-after waterside town of Wivenhoe.
The property is conveniently situated close to a range of local amenities, including shops, pubs, and restaurants.
Wivenhoe also boasts excellent local schooling, and for commuters, the nearby railway station provides direct links via Colchester to London Liverpool Street.
Internally, the accommodation comprises an entrance hallway, a ground floor cloakroom, a well-appointed kitchen with a range of eye-level and base units, a fitted oven, an inset hob, and space for additional appliances.
There is also a bright and spacious living room and a versatile second reception room, giving access to the rear garden.
Upstairs, the property offers three generously sized bedrooms, two of which feature built-in wardrobes, along with a family bathroom.
Externally, the home enjoys a generous private rear garden, mainly laid to lawn with a hardstanding area suitable for a shed.
To the front, there is off-road parking for four vehicles via a driveway, which leads to a garage. Palmer & Partners would suggest an early internal viewing to avoid disappointment.
EPC: D Entrance Hall Cloakroom Kitchen (4.34m x 2.57m) Living Room (5.72m x 3.6m) Reception Room (5.72m x 2.29m) First Floor Landing Bedroom One (3.68m x 3.05m) Bedroom Two (3.07m x 2.62m) Bedroom Three (2.54m x 2.08m) Bathroom
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
Agent & docs
FAQ
About 49, Broome Grove, Colchester
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