2-bedroom bungalow · CO3 3RU
For saleReduced £25k (−6.3%) on 8 OctListed 33 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious and beautifully positioned two‐bedroom detached bungalow in the forever sought‐after Lexden, this home offers generous living, exceptional privacy and a location that continues to be one of Colchester’s most desirable.
Lexden’s reputation is long‐established, celebrated for its leafy residential streets, elegant homes and outstanding access to amenities.
Families are particularly drawn to the area for its proximity to some of the top schools in the country, including the prestigious Girls’ High School and Grammar School on Lexden Road, both within easy walking distance.
The vibrant city centre is also close by, offering an array of shops, bars, restaurants, museums, a theatre and the historic Colchester Castle.
Commuters benefit from excellent public transport links, with three mainline stations providing direct routes to London Liverpool Street.
A generous hallway welcomes you into the home, setting a bright and spacious tone and leading into all principal rooms.
The living room is a wonderfully light and airy space, enhanced by dual‐aspect windows and a charming bay window that adds character and floods the room with natural light.
A central fireplace provides a warm focal point, creating an inviting atmosphere throughout the seasons.
The separate kitchen is of excellent proportion, offering ample built‐in cupboard space, room for white goods to be neatly tucked away and a lovely outlook over the rear garden.
A door leads directly outside, making this a practical and enjoyable everyday space.
Both bedrooms are comfortable doubles, well‐proportioned and easily accommodating beds, furniture and generous floor space.
The family bathroom features a bath with an overhead shower, offering convenience and functionality. One of the home’s standout features is the impressive rear garden.
Stretching far back and not overlooked, it provides a rare sense of privacy and space.
Whether you envision a landscaped haven, a vegetable garden or an area for entertaining, this plot offers endless potential to make it your own.
The property also benefits from a garage, providing additional storage or workspace. To the front, the bungalow sits on a lovely enclosed plot within a quiet cul‐de‐sac.
A lawned area and a large driveway for several cars complete the picture, offering both practicality and kerb appeal.
With scope to extend, subject to planning permission as other homes on the road have successfully done, this property presents an exciting opportunity to create a true forever home in one of Colchester’s most popular locations.
Disclaimer These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers.
Neither Knight Residential Limited nor any of its employees or agents has any authority to make or give any representation or warranty in relation to this property.
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 23, Bramley Close, Colchester
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