4-bedroom terraced house · CO1 1XL
For saleReduced £25k (−4.8%) on 3 SepListed 366 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located just a short distance from Colchester city centre, with its wide variety of shops, bars, and restaurants, is this four bedroom townhouse.
The beautiful Castle Park is just a stone’s throw away, and Colchester North Station, offering mainline services to London Liverpool Street is conveniently nearby.
Excellent road links are also available, with the A12 providing easy access to the M25 and beyond.
Internally the well-presented accommodation comprises, on the ground floor, of an entrance hallway, cloakroom, living room with double doors leading out to the rear garden, study and modern kitchen/dining room.
On the first floor are three bedrooms, one of which has an en-suite shower room, and separate family bathroom, whilst on the second floor is the master bedroom, with en-suite and storage space.
Externally, the enclosed rear garden is laid to patio and lawn, there is one allocated parking space to the rear in the gated compound, and residents have joint use of an additional visitors space.
Further kerbside permit parking is also available in the immediate vicinity with annual parking permits being purchased from the local council.
Palmer & Partners would recommend an early internal viewing to avoid disappointment.
EPC: C Entrance Hall Cloakroom Kitchen/Dining Room (6.18m x 2.6m) Living Room (3.17m x 5m) Study (2.91m x 2.23m) First Floor Landing Bedroom 3.91m (max) x 3.04m (max) En-Suite Bedroom/Office (2.36m x 3.89m) Bedroom (2.54m x 2.36m) Family Bathroom Second Floor Bedroom (5.6m x 4.79m) En-Suite Store (2.24m x 2.43m) Store (1.45m x 2.43m)
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 10, Middle Mill Road, Essex
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