1-bedroom flat · CO3 9TG
Listing removedListed 98 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A generously spacious one bedroom ground floor maisonette in the desirable Hamlet of Fordham Heath within the Eight Ash green area to the west of Colchester.
This ground floor maisonette forms part of a period property which has been converted and therefore offers plenty of character throughout.
You enter into a small entrance hall with door to the living room. This is a good size and is full of charm with exposed beams throughout. There is a window to front aspect.
Off of the living room is the kitchen/breakfast room with base and eye level units, electric cooker and spaces for appliances.
There is a rear hallway off of the kitchen too which provides access to the rear. To the right of the kitchen is the bedroom which is double size.
Accommodation concludes at the rear with a stylish, modern shower room with large walk in shower, wc and hand wash basin. Externally there is communal outside space available.
Available to let unfurnished and available now. Please call today to arrange your viewing. Important Information Letting information The rent is exclusive of utilities and council tax.
Deposit - £951.92 or our deposit replacement product Availability - now!
Council tax band – A EPC rating – D Services - We understand that mains water, drainage, electricity and Gas are connected to the property.
Broadband Availability - Standard and Ultrafast available (Ofcom Broadband Checker - July 2026).
Mobile Coverage - It is understood that the best available mobile coverage in the area is provided by O2, EE, Vodafone and Three.
(Ofcom Mobile Checker – July 2026) Holding deposit - Prospective applicants will be required to pay a Holding Deposit to Fenn Wright, equivalent to a maximum of 1 week's rent.
Once the holding deposit has been received, Fenn Wright will suspend marketing of the rental property for a period of 15 calendar days subject to referencing commencing promptly.
Upon successful references being completed, acceptable and the tenancy being confirmed by Fenn Wright, the holding deposit paid will then contribute towards the first month's rental payment.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Flat 1, Halfmoon Farm,, Spring Lane, Colchester
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