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See how verdicts work1-bedroom flat · CO4 5ZF
For saleListed 41 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Guide Price £110,000 - £120,000 ** Star Buy!
** guide price £110,000 - £120,000 ** A fantastic opportunity to purchase this well-presented and generously proportioned one-bedroom top-floor apartment , offered with no onward chain Ideally suited to first-time buyers looking to step onto the property ladder or Buy to Let investors , this stylish apartment offers modern, low-maintenance living in a superbly convenient location.
The accommodation comprises a welcoming entrance hallway with useful storage cupboards, a large double bedroom , a modern fitted bathroom with shower over bath, and an impressive open-plan lounge and kitchen complete with integral appliances - perfect for relaxing or entertaining.
Outside, the property benefits from a carport providing off-road parking , adding to its practicality and appeal.
Situated within easy walking distance of Colchester North Station , with mainline links to London Liverpool Street in under an hour , the property is perfectly placed for commuters.
The nearby Chesterwell Plaza offers an excellent range of local amenities, including a large Co-op store , Esquires coffee shop and restaurant , a Pilates studio , Afterglow tanning studio , and a soon-to-open pharmacy The area also benefits from a private gp surgery , personal gym , and the highly regarded Trinity Secondary School Further excellent access can be found to the David Lloyd Club , Colchester’s Northern Gateway development , the park & ride service into the city centre, and the A12 for convenient travel routes.
This superb apartment combines comfort, style, and convenience in one of Colchester’s most sought-after and well-connected locations - an ideal choice for modern living Entrance Hallway Entrance door, storage cupboards, doors leading off Lounge/Kitchen 15'5" x 11'6" Double glazed window, wall and base level units, sink and drainer with mixer tap over, oven and hob, extractor fan, worktops, space for appliances, radiator Bedroom 15'5" x 8'2" Double glazed window, radiator Bathroom 8'2" x 8'2" Low level WC, wash hand basin, bath with shower over, radiator Parking Carport providing off road parking
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
FAQ
About 8, Wheelwright Place, Colchester
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