3-bedroom house · CO6 3NG
Listing removedListed 212 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price: £375,000 - £400,000. A spacious and well-presented three-bedroom semi-detached home, ideally situated on Lucas Avenue in the highly sought-after village of Fordham.
The property offers excellent access to well-regarded primary and secondary schools, Stane Retail Park, the A12, and Marks Tey Train Station with direct links to London Liverpool Street-making it perfect for families and commuters alike.
The property welcomes you via an entrance hall leading into a bright and comfortable living room, which flows seamlessly into a well-equipped open-plan kitchen and dining area.
The kitchen boasts an extensive range of cupboards and generous worktop space, ideal for modern family living and entertaining.
To the rear, a conservatory provides additional living space and enjoys views over the garden, with direct access outside.
From the kitchen, there is access into a versatile workshop and garage area, both benefiting from power and lighting.
The workshop also offers a rear door to the garden, while the garage features an up-and-over door to the front.
The first-floor landing includes a useful airing cupboard and leads to two well-proportioned double bedrooms, a comfortable single bedroom, and a family bathroom.
The enclosed rear garden is thoughtfully arranged with a combination of decking, patio, and a substantial lawn area-ideal for outdoor dining and family use.
There are also multiple outbuildings and sheds providing excellent storage options. To the front, the property benefits from a driveway offering ample off-road parking for several vehicles.
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 11, Lucas Avenue, Colchester
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