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See how verdicts work3-bedroom house · CO3 4EF
For saleReduced £25k (−5.3%) on 4 SepListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**** guide price: £475,000 - £500,000 **** Situated in the highly sought-after Lexden area, to the west of Colchester, this well-presented three-bedroom detached family home enjoys convenient access to excellent local schools, shops and amenities.
The A12, Tollgate and Stane Retail Parks, Colchester North railway station and regular bus services into the historic city centre are all within easy reach.
The property is also ideally placed for several well-regarded schools, including Home Farm Primary School, Prettygate Primary School and Philip Morant School.
Internally, the welcoming entrance hall provides useful under-stairs storage and access to a ground-floor shower room.
The bay-fronted lounge flows seamlessly into the dining room, which features sliding doors opening into the conservatory and offers a pleasant outlook over the garden.
The kitchen is fitted with a generous range of wall and base units, an electric hob and oven, together with useful utility space and room for freestanding appliances.
Upstairs, the landing leads to three well-proportioned bedrooms and the family bathroom. Two bedrooms benefit from built-in storage, while one enjoys an attractive bay window.
Outside, the fully established private rear garden features mature planting and provides an inviting setting for relaxing, entertaining and family life.
To the front, a driveway offers convenient off-road parking. Palmer & Partners would encourage an early internal viewing to avoid disappointment.
Entrance Hall Lounge 3.58 x 4.41 Dining Room 3.52 x 3.89 Conservatory 3.08 x 3.52 Kitchen 2.65 x 2.70 Utilty 1.42 x 1.08 Shower Room First Floor Landing Bedroom 1 3.65 x 3.82 Bedroom 2 3.03 x 4.38 Bedroom 3 2.73 x 2.76 Bathroom 1.53 x 2.02
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
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FAQ
About 2, Prettygate Road, Essex
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