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See how verdicts work2-bedroom bungalow · CO3 9DH
Listing removedReduced £25k (−6.7%) on 10 JulListed 166 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price: £375,000 - £400,000.
Occupying a generous plot of approximately 0.17 of an acre, this spacious two-bedroom detached bungalow is ideally positioned on the highly desirable Straight Road in Colchester, offering excellent access to local amenities and transport links.
The property is presented to the market with the added benefit of no onward chain, making it an attractive and straightforward purchase.
The accommodation is well-proportioned throughout, beginning with a large entrance hall featuring multiple built-in storage cupboards.
The principal bedroom is a particularly spacious double, complete with fitted wardrobes, while the second bedroom is also a comfortable double.
The shower room is well-equipped with a walk-in shower cubicle and wash basin, complemented by a separate WC for added convenience.
The kitchen provides access directly into the sunroom, creating a bright and versatile space that connects the interior with the garden.
To the right-hand side of the bungalow, the generous living and dining room also benefits from direct access into the sunroom, making it ideal for both everyday living and entertaining.
From here, a further door leads out to the rear garden.
Externally, the property boasts a substantial and enclosed rear garden, predominantly laid to lawn and enhanced by a patio seating area, well-stocked flower beds, and mature trees, offering a high degree of privacy.
To the left-hand side, there is a garage fitted with an electric roller door, with additional space in front for parking or storage.
The front of the property features a private driveway providing ample off-road parking for multiple vehicles.
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 96, Straight Road, Colchester
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