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See how verdicts work2-bedroom flat · CO1 1BQ
For saleListed 138 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well presented two bedroom apartment on St Peter’s Street offers an exceptional opportunity to live in the very heart of Colchester’s city centre.
With Castle Park just a short stroll away and Colchester North Station within easy walking distance, it is perfectly positioned for those seeking both convenience and a vibrant urban lifestyle.
The surrounding area provides a wealth of amenities, cafés, shops and green spaces, making it an ideal choice for commuters and city lovers alike.
As you enter the property, you are welcomed by a well designed hallway featuring built in storage, ideal for keeping everyday essentials neatly tucked away.
The living space is bright, generous and inviting, offering plenty of room to create a comfortable and sociable environment. Its size and natural light make it a standout feature of the home.
The separate kitchen is accessed directly from the living room and has been recently fitted, providing a fresh, modern space ready to enjoy from day one.
With ample cupboard storage and room for appliances, it is both practical and stylish, a real asset for those who enjoy cooking or entertaining.
Both bedrooms are well proportioned, offering flexibility for sleeping arrangements, guests or even a home office.
The main bedroom benefits from its own en suite, a rare and highly desirable feature for this style of property, adding an extra level of comfort and privacy.
The family bathroom is equally generous, fitted with a bath, overhead shower, WC and wash basin, creating a functional and comfortable space.
The current owners have also insulated the walls, enhancing the property’s warmth and energy efficiency which is a thoughtful improvement that adds long term value.
The building itself is a rare find in the city centre. Residents enjoy access to a large communal reception room, which leads into an on site gym included within the service charges.
There is also a communal conservatory offering stunning views across Colchester, providing a peaceful retreat above the bustle of the city.
The property further benefits from a secure parking space, an invaluable advantage in such a central location.
Disclaimer These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers.
Neither Knight Residential Limited nor any of its employees or agents has any authority to make or give any representation or warranty in relation to this property.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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

FAQ
About St Peters Street, Colchester, CO1
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