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See how verdicts work3-bedroom bungalow · CO7 7PE
For saleListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £425,000 to £450,000 - An exceptional single storey detached residence in a desirable village location, a short distance to the city centre and offered to an extremely high standard with attractive gardens, garage and ample parking.
The attractive accommodation is approached via a double glazed entrance door which leads to an entrance hall with access to loft space via wooden loft ladder with boarding and lighting with door leading to the lounge/dining room to the rear with double glazed bay window to the side with fitted shutter blinds which feature to all principal windows throughout the property.
There is also a light tunnel and arched window featuring looking through towards the kitchen and doors that lead through to the kitchen/family room.
The kitchen itself offers a range of modern units and worksurfaces with cupboards and drawers under, space for a Range cooker with an extractor fan over, wine cooler, sink with mixer taps, wall mounted cabinets and window to the rear with fitted shutter blinds and further window to the side again with shutter blinds and double glazed French doors with shutter blinds leading to the rear.
An inner hallway offers storage with sliding doors and a roof light providing plenty of natural light and door leading to bedroom three to the rear which has double glazed French doors leading to the rear garden again with shutter blinds.
Also from the inner hallway there is a stylish shower room with vaulted ceiling and roof light comprising shower cubicle, W.C, wash hand basin and complementary tiling.
The two principal bedrooms are located to the front both with bay window features with shutter blinds and built in wardrobes with sliding doors with bedroom one featuring a concealed en-suite shower room comprising shower cubicle, W.C, wash hand basin with mixer taps and storage, and complementary tiling.
Outside To the rear of the property there is an attractive landscaped garden with paved patio and pathways and raised seating area and raised flower beds.
The majority of the garden is laid to lawn and there is an attractive water feature to the rear. A personnel door leads to the garage/workshop which has an electric roller door.
There is gated side access which leads to the front where there is a driveway which provides ample off road parking and there is a further driveway to the rear in front of the garage.
Location The property is situated in this village location to the north east of Colchester being a short distance to the city centre, there are shopping facilities nearby and a popular public house/restaurant within the village.
There is also a good primary school and the A12 is easily accessible for Ipswich and London bound for the M25.
Railway stations can be found at Colchester City and Manningtree which offer services to London Liverpool Street. Directions Please use the postcode CO7 7PE for SatNav.
Important Information Council Tax Band - D Services - We understand that mains water, drainage, gas and electricity are connected to the property.
Tenure - Freehold EPC rating - D Ref - COL260852/prc Agents note The property benefits from 10 solar panels plus 6.5kwh battery which assist with the running cost of the property.
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
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FAQ
About Green Lane, Colchester
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