3-bedroom house · CO5 8SH
For saleReduced £15k (−3.2%) on 26 AugListed 133 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Guide Price £475,000 - £500,000** A superb extended three/four bedroom cottage offered to a high standard with fantastic kitchen/dining room, excellent outdoor entertaining space and ample off road parking.
An outstanding extended three/four bedroom semi detached family home offering great entertaining space both internally and externally, a short distance to the island centre.
Double glazed entrance door leads to a welcoming entrance hall with beautiful cloaks hanging cupboard and understairs storage cupboard, giving access to the study/storeroom.
A door leads to the fantastic kitchen/dining room which has a comprehensive range of stylish units and island feature incorporating breakfast bar, it also houses a ceramic hob with down draught extractor, marble work surfaces, eye level double oven, inset sink with mixer taps, integrated fridge/freezer, two roof light windows and bi folding doors leading to the rear garden.
The lounge can be accessed from the dining area and has double glazed window to the front and a feature fireplace with inset cast iron log burner.
There is also a useful utility room which can be reached from the kitchen via a stable door, again with fitted marble work surfaces and storage with stable door leading to the rear garden.
A further door leads to the ground floor shower room which comprises of shower cubicle, vanity sink, WC, vertical radiator and double glazed window to the rear.
On the first floor the landing gives access to bedrooms two and three, dressing room or bedroom four, gives access to the master bedroom to the front and the family bathroom to the rear with a four piece suite comprising panelled bath with centre taps, shower cubicle, vanity sink and WC.
Outside To the rear of the property is an attractive garden with porcelain patio area leading to a fantastic entertaining space with covered hot tub area and bar, further barbeque area, decked seating space and pergola.
The majority of the garden is laid to lawn and there is a resin pathway that leads to the rear where there is further storage. To the front of the property is off road parking for several cars.
Location The property is situated just a short distance to the island centre, where there is a various range of shopping facilities, bars and restaurants and popular eateries.
Mersea Island itself is popular with water sport and boating enthusiasts, and the Colchester city centre is just a short distance away and offers a further range of shopping facilities.
The A12 can be accessed London bound for the M25 and stations to the city offer services for London’s Liverpool Street. Directions Please use postcode CO5 8SH for Satnav.
Important Information Council Tax Band - C Services - We understand that mains water, gas and electricity are connected to the property. The property is on a shared septic tank.
Tenure - Freehold EPC Rating - E Ref - COL260476/pc
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 3 Blue Row, 23, East Mersea Road, Colchester
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