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See how verdicts work3-bedroom bungalow · CO3 4SP
Listing removedReduced £25k (−6.3%) on 8 FebListed 293 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**guide price £375,000 -£400,000** Offered for sale with no onward chain is this three bedroom detached bungalow, situated in the highly sought-after area of Prettygate.
The home is within easy reach of local shops, amenities, and schools, including Philip Morant Secondary School.
The location also offers excellent access to Colchester's historic city centre, North Station, and Marks Tey Station, which provide mainline links to London Liverpool Street.
Internally the accommodation comprises of a large entrance hallway, a lounge with feature fireplace, kitchen/diner which gives access to the bright and airy conservatory.
There is a separate dining room/bedroom three, two further bedrooms and a shower room.
The rear garden is mainly laid to lawn with shrub borders and patio area, whilst to the front is a driveway providing off road parking which gives access to a single garage.
Palmer & Partners would recommend an early internal viewing to avoid disappointment.
EPC: D Entrance Hall (4.45m x 1.48m) Lounge (3.29m x 5.54m) Kitchen/Diner (3.33m x 3.45m) Conservatory (3.43m x 2.14m) Bedroom One (4.13m x 3.29m) Shower Room (1.6m x 1.84m) Bedroom Three/Dining Room (2.71m x 3.13m) Bedroom Two (2.99m x 2.52m) With access via bedroom three/dining room only.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 7, Gilwell Park Close, Prettygate, Essex
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