3-bedroom detached house · CO3 4SJ
Listing removedReduced £25k (−7.1%) on 8 FebListed 476 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price: £325,000 - £350,000.
Situated in the highly sought-after area of Prettygate, this three-bedroom, two-bathroom detached home is ideal for families and comes with the added benefit of no onward chain.
Conveniently located close to high-performing primary and secondary schools, local amenities, and excellent transport links, this property combines practicality with charm.
On the ground floor, the home welcomes you with an inviting hallway that leads to a convenient WC.
The well-equipped kitchen offers an abundance of worktop and cupboard space, catering to all your culinary needs.
The spacious lounge/diner is perfect for family gatherings, with sliding doors opening into a bright conservatory, providing additional living space with direct access to the rear garden.
The first floor boasts a principal bedroom complete with built-in wardrobes and an en-suite, providing a comfortable retreat.
Two further bedrooms offer flexibility for family members or guests, while a modern family bathroom serves the household.
Externally, the property features a good-sized enclosed rear garden with a mix of patio and lawn, ideal for outdoor activities and relaxation.
Side access enhances practicality, and the front driveway offers ample off-road parking alongside a single garage for extra storage or parking needs.
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.
Area
Agent & docs
FAQ
About 22, Scythe Way, Colchester
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