Studio flat · CO1 1AZ
To rentListed 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern second floor Studio apartment, perfectly situated in the heart of Colchester's historic Town centre.
A modern floor studio apartment, perfectly situated in the heart of Colchester's historic Town centre.
Due to its convenient location the property provides fantastic access to all local amenities and is also within walking distance of Colchester Town station.
The apartment is well presented and offers a stylish kitchen with spaces for appliances as well as a contemporary shower room.
Further benefits include double glazed windows and bike storage available for residents. Please note there is no parking with the property.
The photos being used were taken prior to the current tenancy. Offered to let unfurnished and available from Mid November. Important Information The rent is exclusive of utilities and council tax.
Deposit: £1009.61 or our deposit replacement product Availability: 11th November Non Smokers EPC: D Council Tax Band: B Services - We understand that mains water, drainage and electricity are connected to the property.
Broadband Availability - Standard and Ultrafast available (Ofcom Broadband Checker - October 2026).
Mobile Coverage - It is understood that the best available mobile service in the area is provided by O2, EE, Vodafone and Three.
(Ofcom Mobile Checker – October 2026) Holding Deposit Prospective applicants will be required to pay a Holding Deposit to Fenn Wright, equivalent to a maximum of 1 week's rent.
Once the holding deposit has been received, Fenn Wright will suspend marketing of the rental property for a period of 15 calendar days subject to referencing commencing promptly.
Upon successful references being completed, acceptable and the tenancy being confirmed by Fenn Wright, the holding deposit paid will then contribute towards the first month's rental payment.
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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 Long Wyre Street, Colchester, CO1
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