3-bedroom terraced house · CO4 3HT
Sold STCListed 125 days
Opportunity summary
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About
Well-presented modern family home to the north of Colchester offering stylish accommodation, attractive gardens, two parking spaces, a large kitchen/diner with bi-fold doors and an en-suite to the principal bedroom.
A double-glazed entrance door leads to an entrance hall with stairs to the first floor, a storage cupboard housing the gas boiler and a cloakroom comprising wash hand basin and WC with double-glazed window to the front.
The lounge is located to the front and the spacious kitchen/diner to the rear which has a range of fitted modern units and work surfaces, integrated appliances including a four ring gas hob, extractor fan, eye level oven, fridge/freezer, dishwasher and washing machine and there are bi-fold doors leading to the rear garden.
On the first floor the landing has an open balustrade and gives access to the loft space and airing cupboard.
Bedroom one is located to the front and features an en-suite shower room comprising double shower cubicle, wash hand basin and WC.
Bedroom two is located to the rear and is a good size double and bedroom three is located to the front.
The bathroom is fitted with a modern suite comprising panel bath, wash hand basin, WC and double-glazed window to the rear.
Outside To the rear of the property there is a paved patio area which in turn leads to a lawn garden with a further seating area to the rear, wooden garden shed, gated access to the two parking spaces and there is an EV charging point.
Location The property is situated to the north of Colchester a short distance from St Johns shopping parade and popular primary schooling, the Gilberd Secondary School is a short distance away as is Colchester General Hospital.
The railway stations of the city offer services to London's Liverpool Street and the A12 can be accessed London bound for the M25. Directions Please use postcode CO4 3HT for SatNav.
Important Information Council Tax Band – C EPC Rating - B Services - We understand that mains water, gas, drainage and electricity are connected to the property. Tenure - Freehold Our ref - COL260433
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 8 Oaklands,, Parsons Heath, Essex
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