2-bedroom bungalow · CO3 4QT
Sold STCListed 384 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the highly sought-after residential area of Prettygate, CO3, this detached two-bedroom bungalow presents a fantastic opportunity for buyers seeking a spacious home with huge potential.
The property sits within easy reach of local amenities, well-regarded schools, and convenient transport links, making it ideal for families, downsizing, or investors alike.
The accommodation comprises a generous living room with plenty of natural light, a kitchen with space for modernisation, and two well-proportioned bedrooms, providing flexible options for family living or home office space.
A central hallway connects the rooms, along with a family bathroom and an additional separate WC.
Outside, the property benefits from a detached garage, offering excellent storage or workshop space, along with potential for conversion (subject to planning).
The plot offers scope to enhance both the interior and exterior to create a stylish and comfortable home tailored to your taste.
While the property requires some updating and modernisation, it represents a rare opportunity to secure a detached bungalow in a prime Prettygate location.
The area is well served by local shops, cafés, Prettygate Primary School, and is just a short drive from Colchester city centre and the A12 for London links.
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 Reynolds Avenue, Colchester
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