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See how verdicts work3-bedroom bungalow · CO7 0LR
For saleListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**one level living & chain free** A great opportunity to acquire this three bedroom semi-detached bungalow which is located in an established road just on the fringe of Brightlingsea's town centre, with its wealth of shops, stores, restaurants and schooling.
The Marina and Lido are also close by. This property will require modernisation in certain areas, however some modern features including double glazing and gas central heating are already in place.
The residence will ideally suit a buyer looking to stamp their own personal identity onto a blank canvas.
Other features include ample off road parking, a conservatory and well planned light and airy accommodation.
The property comprises of entrance hall, 16'11 living room, kitchen, conservatory, three bedrooms and a bathroom.
The outside has an open plan front garden, good sized driveway for parking, garage and rear garden with side access. Entrance Hallway Double glazed frosted entrance door.
Double cloaks cupboard, radiator. Access to loft space. Living Room (16' 11'' x 11' 4'' (5.15m x 3.45m)) Double glazed patio doors to garden, fire surround inset coal effect gas fire, radiator.
Kitchen (10' 5'' x 9' 8'' (3.17m x 2.94m)) Door and window to conservatory. Stainless steel one and a quarter bowl inset sink unit with cupboards under.
Range of floor standing cupboards, drawers and units with adjacent work tops and wall mounted cupboards. Space for fridge/freezer and space for washing machine.
Filter hood over cooker area, built-in cupboard.
Conservatory (11' 6'' x 5' 0'' (3.50m x 1.52m)) Polycarbonate style roof, double glazed windows to three elevations and double glazed door to garden, radiator.
Bedroom One (14' 10'' x 10' 0'' (4.52m x 3.05m)) Double glazed Bay window to front elevation, fitted wardrobe cupboards, radiator.
Bedroom Two (9' 11'' x 7' 10'' (3.02m x 2.39m)) Double glazed window to side elevation, radiator.
Bedroom Three (9' 11'' x 7' 5'' (3.02m x 2.26m)) Double glazed window to front and side elevations, fitted double wardrobe cupboard, radiator.
Bathroom (8' 9'' x 5' 10'' (2.66m x 1.78m)) Double glazed frosted window to side elevation. Low level WC, pedestal wash hand basin and panel bath.
Built-in cupboard housing wall mounted gas boiler, tiled splash backs, heated towel radiator.
Front Garden Open plan laid to block paving with a driveway providing off road parking with access to Garage. Garage (16' 6'' x 8' 7'' (5.03m x 2.61m)) Up and over door and personal door to garden.
Rear Garden Extending to approximately 36ft. Paved patio, pergola over, stone and shingle areas and flower borders. Side access.
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
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FAQ
About Elizabeth Way, Colchester
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