1-bedroom flat · CO2 8FN
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** guide price £115,000 - £135,000 *** Located on Caelum Drive, this one-bedroom, leasehold apartment represents a prime investment opportunity, perfectly positioned within walking distance of the University.
The property is an ideal acquisition for both seasoned investors and first-time buyers looking to enter the property market at an affordable price point.
Generating a rental income of £975 per month, the apartment delivers an impressive 9% yield at the current asking price.
Overview *** guide price £115,000 - £135,000 *** Located on Caelum Drive, this one-bedroom, leasehold apartment represents a prime investment opportunity, perfectly positioned within walking distance of the University.
The property is an ideal acquisition for both seasoned investors and first-time buyers looking to enter the property market at an affordable price point.
Generating a rental income of £975 per month, the apartment delivers an impressive 9% yield at the current asking price.
Offered chain-free, the property ensures a straightforward, hassle-free transaction.
The practical layout features a single bedroom and bathroom, making it highly attractive to students and working professionals who value proximity to campus and local employment hubs.
Situated in a highly sought-after area, the apartment is surrounded by essential local amenities, shopping facilities, and excellent public transport links.
With its combination of a high yield, central location, and strong tenant appeal, early viewing is highly advised to secure this excellent portfolio addition.
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
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FAQ
About Caelum Drive, Colchester
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