3-bedroom flat · CO7 0AB
To rentListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** refurbished three bedroom flat ** This spacious first floor maisonette has been fully decorated thought out with a brand new kitchen, new bathroom and new carpets.
Inside the property there is a spacious lounge, brand new kitchen, brand new bathroom and three double bedrooms.
The property is ideally located in the heart of the Town Centre, close to schools and a short walk to the Beach/Marina areas.
** available immediately ** Holding deposit equal to 1 weeks rent Tenancy deposit equal to 5 weeks rent Guarantor may be required Non-smokers only Entrance Hall (8' 7'' x 13' 0'' (2.61m x 3.96m)) Front door, carpet, centre light, electric heater, stairs to first floor Lounge (17' 5'' x 13' 4'' (5.30m x 4.06m)) Window to front, carpet, two centre lights, electric heater, feature fire place Kitchen (13' 9'' x 11' 7'' (4.19m x 3.53m)) Window to rear, vinyl flooring, centre light, electric heater, range of wall and base units with contrasting worktop, stainless steel sink/drainer, space for washing machine and fridge/freezer Family Bathroom (7' 6'' x 5' 0'' (2.28m x 1.52m)) Window to rear, vinyl flooring, centre light, panelled bath with electric shower over, combination vanity unit with toilet and hand basin Bedroom One (12' 11'' x 12' 7'' (3.93m x 3.83m)) Window to front, carpet, centre light, electric heater, feature fireplace Stairs To Upper Floor Bedroom Two (11' 3'' x 19' 0'' (3.43m x 5.79m)) Two velux windows, carpet, centre light, electric heater, fitted wardrobes, eaves storage.
Please note the room has reduced height in places Bedroom Three (11' 5'' x 9' 2'' (3.48m x 2.79m)) Velux window, carpet, centre light, electric heater, eaves storage.
Please note the room has reduced height in places
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Victoria Place, Colchester
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