2-bedroom flat · CO2 8XZ
For saleListed 938 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***investment only*** ***guide price of £160,000 - £180,000*** John Alexander are please to present to market this lovely two bedroom apartment is located in the popular Ballantyne Drive development in Hythe Quay.
Tenants are currently insitu until September 2024 paying a current monthly figure of £1,250pcm This property is perfectly located for the convivence of The University of Essex and Colchester Hythe Railway Station with its links to London Liverpool Street.
Overview ***investment only*** ***guide price of £160,000 - £180,000*** John Alexander are please to present to market this lovely two bedroom apartment is located in the popular Ballantyne Drive development in Hythe Quay.
Tenants are currently insitu until September 2024 paying a current monthly figure of £1,250pcm This property is perfectly located for the convivence of The University of Essex and Colchester Hythe Railway Station with its links to London Liverpool Street.
Entrance hall Doors to: Open plan living bedroom one ensuite bedroom two bathroom agents note EPC rating - B Council Tax band - C Service Change - £2,643.44 pa Ground Rent - £250 pa Years remaining on this lease: 144 years
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 85, Ballantyne Drive, Colchester
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