3-bedroom terraced house · CO5 0PP
Listing removedListed 62 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £450,000 - £475,000 David Martin Estate Agents are delighted to offer this exceptional and versatile three-bedroom family home, situated on a generous plot on the outskirts of Tiptree.
The property offers spacious and well-presented accommodation throughout, comprising an entrance porch, reception room with log burner and archway leading through to the lounge, spacious lounge with double doors opening into the dining room, kitchen, garden room with double doors leading onto the garden and a cloakroom.
To the first floor are three double bedrooms and a shower room.
Externally, the property continues to impress with a driveway, car port, garage, workshop with an additional outside WC to the rear, further covered car port to the side and a generous rear garden, providing excellent outdoor space and ample parking and storage.
This unique and versatile home must be viewed to fully appreciate everything it has to offer.
Guide Price £450,000 - £475,000 David Martin Estate Agents are delighted to offer this exceptional and versatile three-bedroom family home, situated on a generous plot on the outskirts of Tiptree.
The property offers spacious and well-presented accommodation throughout, comprising an entrance porch, reception room with log burner and archway leading through to the lounge, spacious lounge with double doors opening into the dining room, kitchen, garden room with double doors leading onto the garden and a cloakroom.
To the first floor are three double bedrooms and a shower room.
Externally, the property continues to impress with a driveway, car port, garage, workshop with an additional outside WC to the rear, further covered car port to the side and a generous rear garden, providing excellent outdoor space and ample parking and storage.
This unique and versatile home must be viewed to fully appreciate everything it has to offer.
Entrance porch Enter the property via glazed double doors to front aspect, windows to side and rear, door to rear garden, wall mounted electric heater, spotlights.
Reception room 17' 02" x 11' 06" (5.23m x 3.51m) Box bay window to front, window to side, two radiators, log burner, built in storage cupboard, stairs rising to first floor, archway to: Lounge 21' 01" x 11' 05" (6.43m x 3.48m) Box bay window to front, radiator, double doors to: Dining room 15' 06" x 11' 04" (4.72m x 3.45m) Window to rear, two radiators, two Velux windows, spotlights, double doors to: Garden room 12' 03" x 6' 10" (3.73m x 2.08m) Windows to rear and side, door to side and double doors to rear garden, electric wall mounted heater, space ad plumbing for washing machine and tumble dryer.
Kitchen 11' 05" x 10' 00" (3.48m x 3.05m) Fitted with a range of wall and base units incorporating a sink with drainer and mixer tap, tiled splash back, space for freestanding cooker, dishwasher and fridge/freezer, tiled floor, spotlights.
Cloakroom Low level W.C, hand wash basin, tiled floor. Landing Radiator, loft access. Bedroom one 13' 08" x 11' 05" (4.17m x 3.48m) Window to front, fitted wardrobes and drawers, radiator.
Bedroom two 13' 02" x 11' 06" (4.01m x 3.51m) Windows to rear and side, two radiators, fitted wardrobes and drawers.
Bedroom three 14' 00" x 8' 00" (4.27m x 2.44m) Window to front, radiator, over stairs storage cupboard.
Shower room Window to rear, shower cubical, wash hand basin inset to vanity unit, low level W.C, radiator, heated towel rail, part tiled walls, spotlights.
Outside A block-paved driveway provides ample off-road parking for multiple vehicles, alongside a covered carport and a low-maintenance front garden.
Futher parking/carport Further parking is available to the side of the property, along with a covered carport. Please note that the neighbouring property has a right of way across this area.
Garage 20' 01" x 10' 07" (6.12m x 3.23m) Up and over door, power and light connected, door to: Workshop 14' 00" x 10' 07" (4.27m x 3.23m) Power and light connected, window to side, door to rear garden, external cloakroom to the rear with low level W.C and hand wash basin.
Rear garden Generously sized enclosed rear garden with a paved patio area to the rear of the property. The remainder is mainly laid to lawn, complemented by shrub and flower borders.
Further benefits include an outside tap and greenhouse, which is to remain.
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.
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FAQ
About 1, Simpsons Lane, Colchester
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