3-bedroom house · CO7 9JH
For saleListed 164 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** perfect first time buy - lower wivenhoe - two double bedroom cottage with A study/dressing room ** This charming cottage in Lower Wivenhoe is keenly priced to sell with no chain.
Currently tenanted until early June, this brilliantly located home would be an ideal first time purchase.
The open plan lounge/dining room benefits from two handy storage cupboards and is a light and airy room with windows both front and back, allowing for lots of natural light.
The kitchen and bathroom located to the back of the house would benefit from a light refurbishment.
Outside you have a south facing garden which is mainly grassed - An ideal spot for the up and coming summer BBQ season!
Located just minutes' walk from the Quay and the train station as well as local shops and bus routes, plus this cottage sits in the catchment area of the renowned millfields primary school traditional victorian cottage in A prime lower wivenhoe location.
Further pictures to follow when available Lounge/Diner (22' 5'' x 12' 1'' (6.83m x 3.68m)) A bright family room which is configured as an open plan lounge/dining room.
With sash window to front and a further window overlooking the garden. Gas feature fireplace (not tested), two storage cupboards, laminate flooring, radiator. Stairs to first floor landing.
Step down to: Kitchen (8' 0'' x 5' 7'' (2.44m x 1.70m)) Window to side. Range of kitchen units, stainless steel sink unit, space for cooker and plumbing for washing machine.
Lobby Door to side leading to the garden, space for fridge/freezer. Bathroom Window to side. Panelled bath with wall mounted shower, low level WC and pedestal wash hand basin.
First Floor Landing Doors leading to: Bedroom One (12' 0'' x 11' 0'' (3.65m x 3.35m)) Window to front.
Bedroom Two (11' 0'' x 9' 2'' (3.35m x 2.79m)) Window to rear overlooking the rear garden, built-in wardrobe, Step down to: Dressing Room/Study (7' 11'' x 5' 6'' (2.41m x 1.68m)) Currently used as storage room but would make an ideal work from home study or dressing room.
Window to side, wall mounted, gas boiler. Exterior Front Gated access, retaining low level brick wall with pathway leading to entrance door. Rear South facing garden being mainly lawn with patio area.
Side gate (access over neighbouring property). Shed to remain.
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
Agent & docs
FAQ
About 22, Queens Road, Colchester
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