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See how verdicts work2-bedroom flat · CO2 8JP
For saleListed 40 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Service charge (For Leasehold tenure): £1000 per year. Ground rent (For Leasehold tenure): £25 per year. Review period: 1 (in years).
A fantastic buy to let investment opportunity, currently occupied by a long term tenant, providing a reliable rental income of £13,800 annually and an attractive 7.3% gross yield.
With the potential to achieve approximately an 8% gross yield at current market rental values, this property is ideally suited to both experienced and first-time investors.
This is a part-furnished, two-bedroom mid-floor flat. The property provides two bedrooms, two bathrooms and one reception room, with an open-plan lounge and kitchen-diner forming the main living area.
Access is through a communal entrance with door entry system, providing controlled access to the building. The accommodation is arranged on one level and includes full double glazing throughout.
The open-plan lounge provides the principal reception space and connects with the kitchen-diner, creating a combined area for seating, dining and everyday use.
The kitchen is fitted with white wall and base units, black work surfaces, a stainless-steel sink and drainer, and a tiled or wipe-clean working area around the cooking facilities.
Appliances include an oven and hob, fridge freezer and microwave. The kitchen also has multiple electrical sockets and a window providing natural light and external views.
There are two double bedrooms within the flat. Both rooms provide space for bedroom furniture and benefit from double-glazed windows.
One bedroom has access to an en-suite bathroom, providing private washing facilities in addition to the main bathroom.
The second bathroom includes a fitted bath with tiled surrounds, a wash basin and a WC.
The layout also includes internal hallway access between the reception area, bedrooms and bathrooms, with carpeted living and bedroom areas and practical flooring within the kitchen and bathroom spaces.
The property forms part of Maria Court, a residential development with communal access arrangements and marked off-road parking. It has a allocated parking space, including marked parking spaces.
The Energy Performance Certificate records an energy efficiency rating of B.
Features Oven/Hob Double Bedrooms Property additional info living/dining room kitchen bedroom two bedroom one bathroom entrance hall
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 22 Maria Court, Hesper Road, COLCHESTER
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