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See how verdicts work1-bedroom flat · CO6 1LH
For saleReduced £10k (−6.3%) on 8 OctListed 188 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb first floor one bedroom apartment offered to an extremely high standard, a short distance to Marks Tey railway station currently let on an AST (details supplied on request) representing itself as a good buy to let opportunity or first purchase.
A communal stair flight leads to the first floor with door to an entrance hall with large storage and airing cupboards. A good size lounge has wood effect flooring and double glazed window.
An archway leads to a stylish modern kitchen which has a range of units and work surfaces with cupboards and drawers under, inset one and a half bowl sink with mixer taps, ceramic hob with extractor fan over and pan drawers under, eye-level oven and microwave, double glazed window and wall mounted cabinet.
There is a good size double bedroom with double glazed window and wardrobe space. The bathroom comprises a panel bath with mixer taps and shower attachment, WC and vanity sink.
Outside There are communal grounds and parking available. Location Windmill Court is situated in a desirable location in the village of Copford.
The property is found just off London Road within easy reach of the A12 dual carriageway, good bus routes into Colchester and access to Marks Tey railway station with direct links to London Liverpool Street.
Just a short drive away is the Tollgate Retail Park with its range of national retailers, shops, restaurants and a Sainsbury's Superstore with petrol filling station.
Directions SatNav - postcode CO6 1LH Important Information Council Tax Band – B EPC rating – D Services - We understand that mains water, gas, drainage and electricity are connected to the property.
Tenure - Leasehold Lease details - The property is held on a 999 year lease which commenced on the 1st January 1989 with 962 years remaining. The service charge and ground rent are to be confirmed.
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 17 Windmill Court,, London Road, Colchester
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