2-bedroom bungalow · CO3 0RH
Sold STCListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
OPEN HOUSE SATURDAY 3 OCTOBER : 2PM to 4PM. ALL OPEN HOUSE VIEWINGS BY APPOINTMENT ONLY.
Occupying a generous plot in the sought after Stanway area of Colchester, this two bedroom detached bungalow presents an excellent opportunity to buyers seeking a renovation project.
The property also offers potential for extension and improvement, subject to the necessary council approvals.
Highlights include a good size plot, ample off road parking, a detached garage and a mature rear garden, all within convenient reach of the A12, Tollgate and Stane Retail Parks.
The accommodation with approximate room sizes comprises:- ENTRANCE LOBBY Via hardwood entrance door. SITTING ROOM 15' 7" x 13' 5" (4.75m x 4.09m) Window to front, feature fireplace, radiator.
BEDROOM 12' 0" x 9' 9" (3.66m x 2.97m) Windows to front and side, radiator. KITCHEN 13' 3" x 12' 0" (4.04m x 3.66m) Windows to side and rear, pantry cupboard, radiator.
BEDROOM 10' 9" x 9' 9" (3.28m x 2.97m) Windows to rear and side, radiator. INNER LOBBY BATHROOM Bath and wash basin, radiator. SEPARATE WC Low level WC.
LEAN-TO/CONSERVATORY UPVC construction, double glazed door to rear garden.
OUTSIDE Set back from Villa Road, the property benefits from a long driveway that provides ample off road parking and access to the detached garage.
To the rear is a good size garden which is enclosed to all boundaries. Workshop. ADDITIONAL INFORMATION Council tax band : C. Local authority : Colchester City Council.
Energy rating : to be confirmed.
Value & comps
No previous sales on record.
Returns
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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.
Area
Agent & docs
FAQ
About Villa Road, Stanway, Colchester
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