2-bedroom bungalow · CO5 8BT
Listing removedListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO ONWARD CHAIN - Offers Invited Located on a 'Mersea Avenue' within close proximity to the Beach is this Two Bedroom Detached Bungalow. In need of Modernisation but with fantastic potential.
A Spacious Entrance Hall sets the tone for this generously sized home. The interior of the property itself is very spacious.
Viewing is Highly Recommended to fully appreciate this Property and the potential it offers.
The property boasts a large West facing enclosed rear garden, perfect for outdoor entertainment and soaking up sunlight throughout the day.
The patio area provides an ideal spot for lounging and dining, while the lawn offers additional space for outdoor activities.
Mersea Island has established Nurseries and a Primary School, while nearby Colchester offers excellent Schooling choices, both State and Private, and of course, Essex University.
Colchester Rail Station provides travel on the London Norwich Network. Please call or email Sellby Homes to arrange a viewing.
Kitchen: 4.25m x 3.13m Lounge: 4.25m x 3.6m Dining Area: 4.12m x 3.42 (the Lounge and Dining areas are linked giving an area approximately 8.4m x 3.6m Shower Room: 2.36m x 2.15m Bedroom 1: 4.23m x 3.62m Bedroom 2: 3.9m x 3.13m Rear Garden: 30m x 12m All measurements above are approximate.
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
FAQ
About Fairhaven Avenue, CO5
Explore nearby
