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See how verdicts work2-bedroom bungalow · CO4 5LW
Listing removedListed 47 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offering no onward chain is this good size two bedroom semi detached bungalow with attractive gardens, garage and ample off road parking, a short distance to shopping facilities and Colchester General Hospital.
Offered for sale with no onward chain is this good size two bedroom semi detached bungalow in cul de sac position benefitting from good size attractive garden, detached garage and ample off road parking.
An entrance door leads to an entrance hall which gives access to the loft space and all principal rooms. The lounge is located to the front with tiled fireplace and double glazed window.
The kitchen is located to the rear offering a range of fitted units and work surfaces with cupboards and drawers under, built in four ring gas hob, eye level oven and grill, extractor fan over, wall mounted gas boiler (which we are advised has been recently installed), sink with mixer taps, wall mounted cabinets, double glazed windows to the side and rear and door leading to the rear garden.
Bedroom one is located to the rear and bedroom two is located to the front.
The shower room comprises shower cubicle, vanity sink with mixer taps, WC, double glazed window to the side, chrome heated towel rail and fully tiled walls.
Outside To the rear of the property there is an attractive well maintained good size garden being mainly laid to lawn with shaped flowerbeds and borders enclosed by fencing, a greenhouse, a summerhouse and a lean-to aluminium framed conservatory.
A personal door leads to the garage with electric door and gated size access leads to the front where there is ample off road parking and attractive front garden.
Location The property is situated to the north of the city centre close to shopping facilities for day to day needs.
Colchester General Hospital is also nearby, as is Colchester North Station for London’s Liverpool Street, the A12 can be accessed London bound for the M25, there is good primary and secondary schooling nearby.
Directions Please use postcode CO4 5LW for Satnav. Important Information Council Tax Band - C Services - We understand that mains water, drainage, gas and electricity are connected to the property.
Tenure - Freehold. EPC Rating - tbc Ref - TOL260295/pc
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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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 15, Remus Close, Essex
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