2-bedroom terraced house · CO1 2DU
To rentListed 17 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Palmer & Partners are thrilled to offer this well presented two bedroom terrace house to the New Town lettings market.
This property comprises of a large double length living/ dining room with a feature fire place and dual aspect windows, the rear of the living space leads to a modern kitchen.
At the back of the house is the family bathroom (currently being re-fitted) and the boiler cupboard as well as access to the low maintained garden comprising off a paved path and an AstroTurf area.
The first floor of the property comprises of two bedrooms with the primary at the front of the property and both benefitting from built in storage.
In addition the loft is fully boarded for storage and accessible via the second bedroom. This home is available immediately and is offered unfurnished
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.
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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 9, Cannon Street, Essex
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