1-bedroom flat · CO3 4QG
Listing removedListed 348 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Saxons are delighted to offer for sale this first floor one bedroom apartment located in the sought after Prettygate area of Colchester.
The property requires modernisation throughout and is on offer with no onward chain. The property is perfectly located for access to local shops, schools and amenities.
We have been advised that the there is a short lease remaining therefore, the property is available to cash buyers only. Please contact Saxons for more details.
Entrance door to: Entrance Hall Built in storage cupboard, doors to: Lounge 12'9 x 11'2 maximum Double glazed window to front aspect.
Kitchen 9'2 x 6'8 Eye level units with cupboards and drawers below, space and plumbing for appliances, work surface with stainless steel sink with drainer and mixer tap, double glazed window to side aspect.
Bedroom 11'2 x 11'2 Double glazed window to front aspect.
Wet/Shower Room White suite with open shower area, low level WC, wash hand basin, chrome effect heated towel rail, extractor fan, double glazed window to side aspect.
** Agents Notes ** We understand from the vendor that the lease remaining is short and therefore the property is only available to cash buyers.
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 Munnings Road, Colchester, Essex, CO3
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