5-bedroom house · CO4 3UL
Listing removedListed 104 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious and fully furnished modern 5 bedroom house share in Sullivan Road Colchester available immediately. The property is finished to a good standard and offers comfortable modern living.
Ideal for working professionals or students looking for a well maintained home in a convenient location.
Situated in the popular CO4 area with excellent access to local amenities including supermarkets, shops, gyms and cafes and the beautiful Colchester town Centre and all its historical sites, Hythe train station is a short walk away as is the University of Essex.
This house would suit a group of student or professional sharers.
Relevant letting fees and tenant protection As well as paying the rent, you may also be required to make the following permitted payments.
Permitted payments Before the tenancy starts payable to Charles David Casson 'the Agent') - Holding Deposit: 1 week's rent - Deposit: 5 weeks' rent - 1 Months rent During the tenancy (payable to the Agent) - Payment of up to £50 or (reasonable costs incurred if higher) if you want to change the tenancy agreement - Payment of interest for the late payment of rent at a rate of 3% above the Bank of England base rate at the time of the arrears - Payment for the reasonably incurred costs for the loss of keys/security devices - Payment of any unpaid rent or other reasonable costs associated with your early termination of the tenancy Where any pets are agreed with the landlord the rental price advertised may be increased by an agreed amount.
This amount will be agreed before you enter into a tenancy agreement and will mean the rental price is increased for the duration of the tenancy.
VAT is charged currently at 20% unless otherwise stated. If you have any queries regarding our fee structure then please feel free to contact one of our team on .
Charles David Casson Limited is a member of The Property Ombudsman Charles David Casson Limited holds Client Money Protection with Client Money Protect
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
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FAQ
About 3, Sullivan Close, COLCHESTER
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