3-bedroom bungalow · CO7 8DG
For saleReduced £20k (−4.3%) on 12 SepListed 146 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property summary This detached 1920s built bungalow occupies a plot measuring 0.40 of an acre and is ideal for buyers with serious hobbies, work-from-home requirements or green fingers.
As it stands, the property can be arranged with up to three double bedrooms, which are supported by one or two receptions rooms, a family bathroom and a kitchen.
Features include three bay windows, high ceilings, traditional internal doors and a front door with stained-glass.
Office/annex During their time at the property our clients have run a successful nursery from a detached building behind the house. This has since been repurposed as an annex and measures 26-feet.
It includes a kitchenette, a shower room and a fenced garden.
We understand this building (and any other in the grounds) has consent for family annex use if required and it would also make for a fantastic office for anybody who works from home.
Garage & mobile home A detached double garage is also positioned behind the house which has an electric roller door and a pedestrian side door.
A 25-foot mobile home which is in good order and which is located in the grounds of the property is also included in the sale.
Gardens The house is set back from Colchester Main Road by a good-sized parking area and there is gated vehicular access to the back courtyard and outbuildings.
The garden beyond the annex and garage measures a further 150 foot and features areas of lawn with various hedges, a shed and a vegetable garden.
Historic planning consent In 2015 our clients successfully applied for planning permission to build a much larger home on the footprint of the existing bungalow.
This planning has lapsed however the plans are available on request to Brooks Leney. These give an indication of what could be achieved subject to a new planning application.
Location Karita is found around a half a mile from the centre of the village of Alresford and is around six miles to the East of the City of Colchester in north Essex.
Within an easy walk of the house buyers will find a village store, a Post Office and a train station where a service runs to London Liverpool Street.
Directions What Three Words Location: ///surfed.unloading.whisk Postcode: CO7 8DG Points to note We understand the property is connected to mains gas, electricity, water and sewerage.
Broadband connection speed irp 40-mbps. Council tax band D (£1970.00 pa). Located in Tendring District Council. EPC rating D.
General Before booking a viewing of any Brooks Leney property, we suggest buyers view its full online details including the street-view representation, the site map and the satellite view.
If you have any questions, please contact Brooks Leney. These sales details were produced in good faith and are believed to be correct.
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 Karita, Colchester Main Road, Colchester
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