3-bedroom detached house · CO2 9RN
Listing removedListed 225 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no onward chain is this spacious three-bedroom detached home in need of full renovation, offering significant potential for modernisation and personalisation.
Situated on the sought-after Thracian Close in the Roman Site area, the property benefits from convenient access to local primary and secondary schools, shops, and excellent transport links.
The property is offered with no onward chain, making it ideal for buyers looking to move quickly. The ground floor comprises an entrance hall, a WC, and a kitchen.
The large lounge/dining area features a storage cupboard and sliding doors leading into a sunroom, which itself has a single door and additional patio doors opening onto the rear garden – perfect for bringing the outdoors in.
On the first floor, the landing provides loft access and an airing cupboard. The principal bedroom includes built-in wardrobes and an additional cupboard.
There is a further double bedroom, a single bedroom, and a family bathroom.
The property boasts a good-sized, enclosed rear garden comprising patio and lawn areas, with side access and a door leading directly into the garage.
To the front, there is a driveway providing off-road parking and an up-and-over garage door.
This property represents an exciting project for buyers looking to create their dream home in a popular and convenient South Colchester location.
Value & comps
No previous sales on record.
Returns
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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 Thracian Close, Colchester
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