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See how verdicts work2-bedroom semi-detached house · CO3 8BW
Sold STCListed 249 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Guide Price £300,000 - £310,000 ** Situated on this popular modern development is this well presented two bedroom home with a cloakroom, en-suite shower room and good size garden.
A double-glazed entrance door leads to an entrance hall with stairs to the first floor and access to the cloakroom which comprises a wash hand basin, WC and a double-glazed window to the front.
The lounge has a double-glazed window to the front and an under stairs storage cupboard.
The kitchen/dining room is to the rear with a range of fitted units and work surfaces, four ring gas hob, electric oven with extractor fan over, plumbing for a washing machine and dishwasher, one and a half bowl sink, wall mounted gas boiler and a double-glazed window and French doors leading to the garden.
On the first floor the landing gives access to the loft space and airing cupboard.
Bedroom one is located to the front with built-in wardrobes and an en-suite comprising shower cubicle, wash hand basin, WC and a double glazed window to the front.
Bedroom two is located to the rear and the family bathroom comprises a wash hand basin with mixer taps, panel bath with shower over, WC and a double-glazed window to the side.
Outside To the rear of the property there is a paved patio area which leads to a good size lawned garden with a timber cabin/study to the rear with power connected and further storage.
To the front there is off-road parking available.
Location The property is situated in this popular modern development in the Stanway district of Colchester a short distance to Stanway Secondary School and good primary schooling.
Tollgate Retail Park and Stane Park shopping districts are within easy reach offering a range of shopping facilities via an array of national outlet stores.
The A12 can be accessed London bound for the M25, A120 for Stansted Airport and the nearby station at Marks Tey offers services to London Liverpool Street.
Directions Please use postcode CO3 8BW for SatNav.
Important Information Council Tax Band – C EPC Rating - B Services - We understand that mains water, gas, drainage and electricity are connected to the property. Tenure - Freehold Our ref - TOL260033
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 Wallaby Way, Stanway, Colchester, Essex, CO3
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