3-bedroom house · CO2 9LA
For saleReduced £25k (−4.3%) on 21 JunListed 192 days
Opportunity summary
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About
‘Oakside’, Layer Road, Colchester, CO2 **Guide Price £575,000 - £600,000** Location: Situated to the south-west of Colchester’s historic city centre, the property is ideally placed for a range of local amenities.
There are well-regarded primary and secondary schools nearby, along with a convenient bus network providing regular access into the city centre.
Everyday essentials are within easy reach, including a Sainsbury’s Local, while further shopping and leisure facilities can be found at Tollgate and Stane Retail Park.
The A12 is also easily accessible, offering excellent links towards Chelmsford, Ipswich, and London, making this an ideal location for commuters and families alike.
Property: A deceptively spacious and exceptionally well-maintained three bedroom detached chalet, positioned to the south-west of Colchester’s historic city centre and occupying an impressive plot with mature gardens.
You are welcomed via an entrance hall featuring parquet flooring and panelled doors, setting a warm and characterful tone.
The living room is a generous dual aspect space, enjoying plenty of natural light and centred around an exposed brick open fireplace, complemented by wall-mounted lighting to create a cosy focal point.
The kitchen offers ample space for a dual range oven and additional appliances, making it ideal for family living, and leads through to a utility room with space and plumbing for further appliances, along with a convenient service door to the outside.
The dining room provides a bright and airy setting for entertaining, centred around an attractive fireplace.
Also to the ground floor is a four-piece bathroom suite, complete with an oversized corner bath, as well as a versatile ground floor bedroom, ideal for guests, multi-generational living, or a home office.
To the first floor, two further well-proportioned bedrooms are arranged off the landing, offering comfortable accommodation and additional storage.
Outside: The property enjoys a generous and well-established plot, with a substantial rear garden mainly laid to lawn and enclosed by mature hedging, providing a good degree of privacy.
A paved patio area offers the perfect space for outdoor dining and entertaining, while additional outbuildings and storage areas add further practicality to the home.
Viewings: Available via one of our consultants without delay - appointment required.
Dining Room 15' 2" x 12' 2" (4.62m x 3.71m) Bedroom Three 12' 3" x 8' 9" (3.73m x 2.67m) Bathroom 11' 10" x 8' 9" (3.61m x 2.67m) Kitchen 22' 10" x 11' 2" (6.96m x 3.40m) Utility Room 10' 1" x 7' 0" (3.07m x 2.13m) Living Room 27' 11" x 13' 3" (8.51m x 4.04m) Master Bedroom 19' 6" x 13' 11" (5.94m x 4.24m) Bedroom Two 10' 11" x 8' 10" (3.33m x 2.69m) Store Room 25' 0" x 6' 9" (7.62m x 2.06m) Games Room 21' 4" x 17' 10" (6.50m x 5.44m) Storage 17' 10" x 10' 10" (5.44m x 3.30m) Double Garage 17' 10" x 16' 10" (5.44m x 5.13m)
Value & comps
No previous sales on record.
Returns
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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.
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About Oakside, Layer Road, Colchester
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