3-bedroom house · CO6 3NG
For saleListed 84 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the popular village of Fordham, this spacious and well-maintained three bedroom semi-detached home offers generous living accommodation, ample parking, and excellent potential for future improvement.
Ideally positioned for everyday convenience, the property is within easy reach of highly regarded local schools, Stane Retail Park, the A12, and Marks Tey railway station, providing direct services to London Liverpool Street, making it an excellent choice for families and commuters alike.
The accommodation begins with a welcoming entrance hall, leading through to a bright and spacious living room, creating a comfortable space to relax.
To the rear of the property is a well-appointed open-plan kitchen and dining room, fitted with an extensive range of base and wall-mounted units, generous work surfaces, and ample space for family dining and entertaining.
Beyond the kitchen is a conservatory overlooking the rear garden, providing a versatile additional reception area with direct access to the outside.
The kitchen also provides access to a useful workshop and the adjoining garage, both of which benefit from power and lighting.
The workshop has a door leading into the rear garden, while the garage is accessed externally via an up-and-over door.
The first floor offers three well-proportioned bedrooms, comprising two generous double bedrooms and a comfortable single bedroom, all served by a modern family bathroom.
An airing cupboard is conveniently located on the landing.
Outside, the enclosed rear garden has been thoughtfully designed with a large lawn, patio seating area, and raised decking, providing excellent space for outdoor entertaining, children's play, or simply enjoying the warmer months.
A selection of sheds and outbuildings offer valuable storage and workshop space. To the front of the property, a generous driveway provides off-road parking for several vehicles.
Subject to the necessary planning permissions (STPP), the property offers exciting scope for further enlargement.
The existing garage could be converted into an additional reception room, home office or playroom, while there is also potential to extend above the garage to create a fourth bedroom with en-suite or additional living accommodation, allowing buyers to adapt the home to suit their future needs.
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
Agent & docs
FAQ
About 11, Lucas Avenue, Colchester
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