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See how verdicts work3-bedroom bungalow · CO3 9ST
For saleListed 41 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price: £650,000 - £675,000.
An impressive and substantially extended three bedroom detached bungalow on Chitts Hill, offering beautifully presented accommodation, generous proportions and a superb open plan layout designed for modern living.
Chitts Hill is well positioned for access to Colchester, Marks Tey and the A12, with mainline railway connections towards London Liverpool Street.
A choice of well regarded schools, shopping facilities and everyday amenities are also within easy reach, including Holmwood House, Tollgate Retail Park and Stane Retail Park.
The property is entered via a welcoming hallway, with two generous double bedrooms positioned to the front, both featuring attractive bay windows which provide plenty of natural light.
At the heart of the home is the impressive open plan kitchen, dining and family room, measuring over 24ft in length and providing an excellent space for entertaining and everyday family life.
The contemporary Howdens kitchen is fitted with a stylish range of units, integrated appliances and a central island with breakfast bar seating.
The dining and family areas flow naturally from the kitchen, while bi fold doors open onto the rear garden, creating a seamless connection between the indoor and outdoor spaces.
A separate living room provides an additional reception area away from the main open plan space.
Positioned towards the rear, the principal bedroom enjoys a greater degree of privacy and benefits from its own modern en suite shower room.
The remaining bedrooms are served by a beautifully finished family bathroom, complete with a freestanding bath and integrated television.
Externally, the property benefits from a substantial driveway providing ample off road parking, together with extensive garaging running along the side of the bungalow, offering excellent potential for vehicle storage, a workshop, home gym or additional storage.
The rear garden is equally impressive, with a generous porcelain patio providing the perfect setting for outdoor dining and entertaining.
The remainder is predominantly laid to lawn with established planting, a pergola and powered shed, all enclosed to create a private outdoor space.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 24, Chitts Hill, Colchester
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