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See how verdicts work4-bedroom detached house · CO5 8BN
Listing removedListed 262 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Three / Four Bedrooms REDUCED - NO ONWARD CHAIN. Hidden away in a Picturesque Private Road off of Empress Avenue is this Three / Four Bedroom Detached House.
Located in the heart of Mersea with plenty of room for a Family to live comfortably, this Property provides a Ground Floor with a Kitchen, Two Reception Rooms, a Spacious Lounge Diner (with Patio Doors to Garden) and Family Room.
It should be noted that the Family Room could be utilised as a Ground Floor Bedroom or Office.
The First Floor offers Three Generous Double Bedrooms, with an En Suite to the Master Bedroom and a Family Bathroom.
To the front of the property can be found an Entrance Driveway offering ample off road parking for vehicles and possible storage area for a Boat, Caravan or Motorhome.
The property also includes a 'Grass Strip' to, and along, the Left of the Entrance Road, as you enter, which we are informed has been used for Boat Storage previously.
To the rear of the Property is a Lawned Rear Garden with a Patio area and a Garden Shed. A Family Home in a Quiet and Peaceful location ready for it's next owners to create a wonderful Home.
Colchester City is approximately a 15 minute drive away, Colchester caters for a broad range of entertainment, shopping and educational amenities, Colchester's Main Line Rail Station provides a regular service on the London Liverpool Street to Norwich line.
Lounge: 6.3m x 3.6m opening onto Dining Area: 2.43m x 1.94m Reception Room #2 3.04m x 2.53m (Could be utilised as a Fourth Bedroom /Office Kitchen: 3.64m x 2.77m Cloak Room: 1.0m x 1.4m Bedroom One: 3.7m x 3.7m (En Suite 2.7m x 1.5m) Bedroom Two: 5.15m x 2.8m Bedroom Three: 3.4m x 3.05m Bathroom: 2.1m x 1.8m All measurements are approximate.
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
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FAQ
About Empress Drive, CO5
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