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See how verdicts work1-bedroom flat · CO2 9NX
For saleReduced £15k (−11.5%) on 26 OctListed 246 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated to the south west of Colchester, we offer for sale this one bedroom first floor flat presented to the market with NO ONWARD CHAIN.
The property benefits from a LONG LEASE and reserved parking. In our opinion it would make an IDEAL FIRST TIME PURCHASE or INVESTMENT OPPORTUNITY.
Communal entrance door to: COMMUNAL ENTRANCE HALL Stairs to first floor. Entrance door to: ENTRANCE HALL Cupboard.
LOUNGE 12' 6" x 12' 8" (3.81m x 3.86m) Two double glazed windows to side, TV point, electric heater. BEDROOM 11' 3" x 8' 8" (3.43m x 2.64m) Double glazed window to rear, wardrobes, electric heater.
KITCHEN 13' 3" x 5' 7" (4.04m x 1.7m) Double glazed window to side, sink unit set into work surface, base and eye level units, larder style cupboard, space and plumbing for washing machine.
BATHROOM Bath, WC and wash basin, double glazed window to front. OUTSIDE Reserved parking. ADDITIONAL INFORMATION Council tax band : A. Local authority : Colchester City Council. Energy rating : D.
Lease : TBC. Ground rent : TBC. Service/maintenance charge : TBC. Leasehold properties : ground rents and service/maintenance charges may fluctuate.
Precise figures and lease duration must be obtained from the sellers legal representative.
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
FAQ
About Maypole Green Road, Colchester
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