2-bedroom bungalow · CO3 4HW
Sold STCListed 59 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE £280,000 - £300,000. An exceptional opportunity to acquire a charming two-bedroom bungalow situated in the desirable Thompson Avenue, Colchester.
This delightful property is offered for sale with the significant advantage of no onward chain, ensuring a smoother and potentially quicker transaction for prospective buyers.
Upon arrival, you are greeted by a well-maintained exterior, hinting at the care and attention bestowed upon this home.
The property benefits from a private driveway, providing convenient off-road parking, which leads to a practical garage, offering additional storage or secure parking options.
This combination of parking solutions is a valuable asset in any residential area. Step inside to discover a thoughtfully presented interior that has been well maintained throughout.
The layout is both practical and inviting, designed to maximise comfort and functionality.
The bungalow comprises two comfortable bedrooms, offering versatile accommodation suitable for individuals, couples, or those looking for a guest room or home office.
The single bathroom is conveniently located and serves the property's needs efficiently. One of the standout features of this bungalow is its good-sized garden.
This outdoor space provides a wonderful private sanctuary, perfect for relaxation, gardening enthusiasts, or entertaining guests during warmer months.
Whether you envision a vibrant floral display, a productive vegetable patch, or simply a tranquil area to unwind, this garden offers ample scope to create your ideal outdoor haven.
Thompson Avenue is a well-regarded location within Colchester, known for its residential appeal and convenient access to local amenities.
Residents can enjoy proximity to various shops, schools, and recreational facilities, making it an ideal setting for a balanced lifestyle.
Excellent transport links are also readily accessible, connecting you to Colchester town centre and beyond, ensuring ease of travel for commuters and those wishing to explore the wider area.
This bungalow represents a fantastic opportunity for those seeking a comfortable and manageable home in a sought-after location.
Its well-maintained condition, combined with the practical benefits of a driveway, garage, and a generous garden, makes it a highly attractive proposition.
The absence of an onward chain further enhances its appeal, providing a clear path to ownership. Early viewing is highly recommended to fully appreciate all that this delightful property has to offer.
Agents note: Anti-Money Laundering (AML) Compliance As part of our commitment to meeting UK Anti-Money Laundering (AML) regulations, Harris + Wood are required by law to confirm the identity of all purchasers before a sale can proceed.
To make this process as straightforward as possible, we work with an independent verification service, Clearcheck, who conduct these checks on our behalf.
A small verification fee applies for each purchaser. These checks must be fully completed and verified before we are able to progress with your purchase.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Thompson Avenue, Colchester, Essex, CO3
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