2-bedroom flat · CO5 0UP
For saleListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
OVERVIEW ***GUIDE PRICE £200,000 TO £235,000*** Situated within the sought-after village of Tiptree, this well-presented first floor apartment offers spacious and practical accommodation throughout, benefiting from two double bedrooms, a private balcony, allocated parking which is controlled barrier parking with key fob, visitor parking and 24-hour CCTV.
The property features a bright living room, a fitted kitchen with integrated appliances and a generous shower room, making it an ideal first-time purchase, investment property or low-maintenance home THE PROPERTY Upon entering 1 Mynott Court, Church Road, you are welcomed by a private Entrance Hall (6'2" x 3'2"), which leads through to the main accommodation.
The central Hallway (13'1" x 7'0") provides access to all principal rooms and benefits from a telephone point and heating thermostat control.
The Kitchen (9'9" x 11'5") is fitted with a range of storage units and work surfaces and features integrated appliances including a dishwasher, washer/dryer, fridge/freezer, electric hob, oven and extractor hood.
The layout provides ample space for food preparation and everyday living.
The spacious Living Room (16'5" x 13'11") is a bright and welcoming reception room with plenty of room for both living and dining furniture, creating an excellent space for relaxing or entertaining guests.
Located off the entrance area is a private balcony, providing an attractive outdoor space for seating and enjoying the fresh air. The apartment offers two well-proportioned double bedrooms.
Bedroom One (14'4" x 10'1") is a generous principal bedroom benefitting from fitted wardrobes, whilst Bedroom Two (8'5" x 10'8") is another comfortable double room.
Please note there is restricted head height to part of this room.
The Shower Room (6'7" x 9'0") is fitted with a low-level WC, hand wash basin, corner shower cubicle with power shower and a heated towel rail.
Externally, residents benefit from allocated parking which is controlled barrier parking with key fob, additional visitor parking and the reassurance of 24-hour CCTV security throughout the development.
AGENTS NOTES ***Service and ground rent charges very reasonable, 990 years remaining on the lease*** These particulars are issued for guidance purposes only and do not constitute any part of an offer or contract.
All descriptions, dimensions, and measurements are approximate. Fixtures, fittings, and contents are subject to separate negotiation unless explicitly included.
Please note that an AML fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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.
Area
Agent & docs
FAQ
About Church Road, Tiptree, Colchester
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