1-bedroom flat · CO2 7WE
Let agreedListed 117 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Overview Low maintenance retirement apartment with landscaped gardens, restaurant, care packages, guest suite, and a well-presented communal lounge.
Offering companionship, peace of mind, security and an assured tenancy.
Summary Enjoy all of the benefits of a McCarthy Stone retirement community with our assured, affordable and flexible tenancies, so you can rent your property for as long as you want (subject to a minimum term).
Renting in retirement provides a wealth of benefits including one monthly fee, removing any worries you may have about the upkeep of your property and the grounds.
You can move in at your pace, knowing there's long-term security with one of our Assured Tenancies and settle in to your new home with minimum fuss.
Situated less than 2 miles from the centre of the UK's oldest recorded town, Lancer House Colchester is within easy reach of both local amenities and a variety of attractions and places of interest.
Not only does this development have a lot to offer right on its doorstep, but it also gives you the opportunity to own your home while receiving the support and care you need.
Elegant design meets functionality in all apartments, with ample storage, spacious living areas, and plugs and sockets placed at waist-height for your comfort and convenience.
The social lounge and landscaped garden are tastefully designed spaces in which you can enjoy a tea or coffee and a chat with your fellow residents.
Lancer House is a Retirement Living plus development, meaning flexible and individually tailored care packages are provided to meet all your personal support needs.
The development is staffed 24 hours a day, led by the qualified Estates Manager, and a 24/7 call system provides emergency response.
Camera entry ensures your safety and security, and accessibility is ensured throughout, with lifts to all floors. So you can relax knowing everything is taken care of.
There's even an onsite and great-value bistro for when you don't feel like cooking.
On the doorstep you'll find a local supermarket (a 2-minute walk), and there's a medical centre and a pharmacy less than a mile away. Fancy venturing a little further?
There's both car parking and a scooter room on site, and public transport is readily accessible.
The train station is just a mile away (providing a direct service to London Liverpool Street), and the bus stop is a 2-minute walk. Property 12 is a one bedroom apartment located on the ground floor.
The master bedroom benefits from an en-suite shower room and a walk-in wardrobe fitted with hanging space and shelving units.
The shower room is complete with a low profile shower tray and slip resistant flooring, a chrome heated towel rail and an illuminated mirror.
*Photography is of the show apartment for illustrative purposes only and may not be of the apartment advertised.
This apartment, The Dalton is a beautiful one bedroom apartment with a fully fitted kitchen, large living/dining room that has easy access to a private terrace and a storage room to help you make the most of your space.
Council Tax Council tax band: New build - Council Tax band to be determined Reservation Deposit Reservation deposit: £150.00 (to be offset against your initial payment and fully refundable should your Tenancy not proceed) Security Deposit Security deposit: £3346.15 (equivalent to 5 weeks rent of the apartment only, excludes any parking space rent)
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.
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