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See how verdicts workProperty · CO4 5BG
For saleListed 388 days
Opportunity summary
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About
An opportunity to acquire this individual building plot for the construction of a four-bedroom, four bathroom, detached family home approaching 4200 square feet in size over 2 floors.
Some More Information - This unique opportunity to acquire a building plot for the construction of an exceptional family home close to Colchester Golf Club on the periphery of Braiswick.
The home as planned, could be constructed for the plot purchasers under a separate build contract available at an additional cost for the construction works.
These works will be undertaken by the highly regarded local development company, Oak Home Developments, who have recently completed construction of the adjacent development of exceptional detached homes.
The accommodation as plans comprises entrance hallway leading to vaulted to story entrance hall 4 ground floor reception spaces including the spacious open plan kitchen with doors leading through into the dining hall and snug with separate sitting room and family room to the rear as there is a utility and study to the front to the first floor there are 4 double bedrooms each having their own on suite facilities along with the principle suite having a walk through dressing area and balcony.
Externally - Set back from the road the property as planned has gated driveway with off street parking for a number of vehicles in turn leading to the detached double garage with work from home space to the rear which could also be utilised as an annexe or beauty room given it is planned to have a shower room and kitchenette.
The total plot extends to approximately 0.33acres Location - Situated close to Colchester North mainline station where a service to London Liverpool Street runs with a travel time of approximately 50 minutes.
There are nearby shopping facilities at Turner Rise Retail Park with Asda Superstore and a further range of national outlets such as Dunelm, Home Bargains and Iceland.
Colchester city centre a short distance away providing a further range of shopping facilities, bars and restaurants.
Entrance Hall - Kitchen Area - 4.14m x 3.71m (13'7" x 12'2") - Breakfast Area - 3.56m x 3.53m (11'8" x 11'7") - Utility Room - 3.66m x 2.31m (12'0" x 7'7") - Study - 3.66m x 3.25m (12'0" x 10'8") - Vaulted Dining Hall - 4.90m x 4.60m (16'1" x 15'1") - Family Room - 7.82m x 6.27m (25'8" x 20'7") - Sitting Room - 7.29m x 5.97m (23'11" x 19'7") - Cinema Room - 7.32m x 3.30m (24'0" x 10'10") - W.C - 1.98m x 1.50m (6'6" x 4'11") - Principle Bedroom - 7.29m x 5.97m (23'11" x 19'7") - Plus balcony 8'6" x 4'9" En-Suite - 2.62m x 2.31m (8'7" x 7'7") - Dressing Room - 2.31m x 1.55m (7'7" x 5'1") - Guest Bedroom Two - 7.80m x 3.81m (25'7" x 12'6") - with Juliette Balcony En-Suite - 2.49m x 2.11m (8'2" x 6'11") - Bedroom Three - 6.10m x 4.37m (20'0" x 14'4") - En-Suite - 2.59m x 1.75m (8'6" x 5'9") - Bedroom Four - 5.61m x 4.04m (18'5" x 13'3") - En-Suite - 2.18m x 2.18m (7'2" x 7'2") - Atrium To Dining Hall Below - 4.93m x 4.60m (16'2" x 15'1") - Atrium To Entrance Hall -
Value & comps
No previous sales on record.
Returns
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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
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