7-bedroom terraced house · CO4 5FY
For saleListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR SALE BY ONLINE AUCTION - A fully tenanted seven bedroom, six bathroom HMO let to working professionals producing £54,192 per annum Description Freehold end-terrace house 7 bedrooms, 4 ensuite bathrooms, 2 shared bathrooms and additional WC Communal kitchen, dining room and lounge Benefits from a large garage with the potential to convert the current garage into additional residential space (subject to planning) Large rear garden Impressive gross yield of 14.8% on guide Current rental income of £4,516 per month / £54,192 per annum Low capital value of just £132/sq ft at guide price Location Situated on the well-connected Hakewill Way in Colchester, the property benefits from convenient access via the A12 and A120.
Providing direct routes to Colchester city centre, Colchester Hospital, and the University of Essex.
Set within a popular residential area, it is close to a range of local amenities including shops, schools, and parks.
The property's proximity to the University of Essex and major local employers supports strong and consistent rental demand. Transport links are provided by both Hythe and Colchester Rail Stations.
HMO Compliance - HMO Licence - EICR - Fire Risk Assessment - Emergency Lighting Test - Fire Alarm Test Certificate - Gas Safety Certificate Copies of these documents can be found within the legal pack
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 106 Hakewill Way, Colchester, Essex, CO4 5FY
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