3-bedroom semi-detached house · CO1 2NA
Listing removedListed 63 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Palmer & Partners are pleased to offer this well presented modern home locating in the ever popular New Town area of Colchester providing easy access to Colchester Town station and Colchester City Centre.
This home consists of a large kitchen diner with plenty of storage.
The living room is located at the back of the property with a large storage cupboard and patio doors leading to the garden with a mix of grass and patio as well as a shed.
The ground floor further benefits from a W/C. The first floor comprises of three well-proportioned bedrooms, the primary of which has a en-suite shower room.
The family bathroom is also located on the first floor with a shower over the bath. Allocated off street parking for 1 car, the property is offered unfurnished and is available end of September.
**Photos are from before current tenancy**
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 1A,, New Park Street, Essex
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