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See how verdicts work4-bedroom detached house · CO3 3PS
For saleReduced £50k (−7.7%) on 22 OctListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Part of our Signature collection, situated at the end of a quiet cul-de-sac is this 4 bedroom detached house with south facing garden a garage and ample parking within walking distance of the city centre and excellent schooling along the Lexden Road.
The home has double glazed windows and gas central heating enjoys open plan kitchen and dining, a utility room and large bathroom with Italian marble tiling.
An entrance door opens to a hall with stairs leading to the first floor. A cloakroom provides a toilet and wash basin.
The sitting room has a bow window to the front and recess space under the stairs and is open through to the dining area which flows through to the conservatory of uPVC double glazed construction with double doors out to the rear terrace.
The dining area is also open to the kitchen which is comprehensively fitted with worksurfaces with cupboard and drawers beneath and wall mounted cupboards.
Built in cooking appliances include an electric hob with extractor above and double oven. A door connects through to the utility room which houses the gas fired boiler.
The room has ample space for appliances as well as plumbing for a washing machine. On the first floor is the landing with shelved cupboard.
The principal bedroom is at the rear and has been opened up to the original 4th bedroom with a beautifully appointed dressing room with range of built in wardrobes with shelving and hanging space with lighting.
At the front of the house are two further well-proportioned bedrooms.
Finally on the first floor is a large bathroom with a free-standing bath, walk in shower with glass screen, vanity unit wash basin and toilet.
Outside At the front of the property is an extensive driveway with parking for numerous vehicles and leading to the integral garage with roller door.
To the side is a gate with pathway leading round to the rear. The rear garden incorporates a large paved terrace along the back leading out to lawns with shrub beds and enclosed by fencing.
The garden faces predominantly southerly in direction.
Location Oaks drive occupies a wonderful setting between the Lexden Road and the Hilly fields which offers acres of open spaces suitable for dog walkers.
The property is also with a ‘stones throw’ of Crouch Street with its range of shops including Guntons delicatessen and Tesco Express as well as bars and restaurants.
The city centre offers many national retailers and includes two cinemas, two theatres and art galleries as well as the historic Castle Park that hosts numerous events through out the year.
There is also straightforward access to the two stations in Colchester which offer services into London Liverpool Street with journey times well under the hour.
Lexden Road is well known for the excellent schools that cater for numerous ages and also within walking distance is the sixth form and Colchester Institute.
Directions Please use postcode CO3 3PS for Satnav. Important Information Services – Mains water, electricity, gas and drainage are connected to the property.
Whilst this property has excellent parking the roads in the area require permit parking. Council Tax Band – F EPC rating – D Tenure – Freehold
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
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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 40, Oaks Drive, Colchester
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