2-bedroom bungalow · CO4 5NL
Listing removedListed 202 days
Opportunity summary
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About
Offered with no onward chain is this two bedroom detached bungalow situated on a plot of approximately 0.28 of an acre with scope for extension subject to usual planning consents in this popular village location, a short distance to A12 and mainline railway station.
The bungalow is accessed via a double glazed entrance door which leads to an entrance hall with access to the loft space.
The lounge is located to the right and has a feature fireplace and double glazed window to the front.
The dining area is to the rear of the hall and has a double glazed window to the side and opens to the kitchen which has a range of fitted units and work surfaces, built in ceramic hob, eye level oven, plumbing for washing machine, sink unit, double glazed window to the rear and a door leading to a uPVC framed and double glazed porch to the side.
An inner hall from the dining area has a storage cupboard and airing cupboard and a door leading to the shower room comprising shower cubicle, wash hand basin, WC and a window to the rear.
The bedrooms are located to the front and rear of the bungalow with both having fitted wardrobes.
Outside The property sits on a plot of approximately 0.28 of an acre with the gardens being mainly laid to lawn and enclosed by hedging.
There is a driveway providing off road parking to the front leading to the garage which has an up and over door. There is a hardstanding to the side for caravan, camper or boat.
To the rear is a patio area, personnel door to the garage, oil storage tank and pathway leading to a small vegetable plot, greenhouse and garden shed.
Location The bungalow is situated in this popular village location to the north of Colchester city offering good access for the A12, London and the M25 and Ipswich and the A14.
There is a popular primary school in the village, lively public house and Colchester city centre is a short distance away offering a further range of shopping facilities, bars and restaurants.
North Station offers mainline services to London Liverpool Street.
Directions SatNav - CO4 5NL Important Information Council Tax Band – D Services - We understand that mains water and electricity are connected to the property.
The property has a private drainage system and oil fired central heating. Tenure - Freehold EPC rating – tbc Our ref - COL250555 Agent's Note We are advised by the vendor that there is a well on site.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Wilross,, Park Lane, Colchester
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