2-bedroom bungalow · CO4 5DX
For saleReduced £25k (−7.7%) on 21 JunListed 188 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offering no onward chain, is this well presented two bedroom semi-detached bungalow located a short distance to Colchester hospitals and mainline railway station offering ample off road parking, garage and enclosed garden.
A double glazed entrance door leads to an entrance hall with double glazed window to the side and airing cupboard. The lounge is located to the front with double glazed windows.
The kitchen offers a range of fitted modern units and worksurfaces with cupboards and drawers under, inset sink with mixer taps, plumbing for washing machine, cooker space with extractor fan over, wall mounted cabinets, double glazed door and window leading to the rear garden, vertical radiator.
Bedroom one is located to the rear with window to the side and picture window to the rear. Bedroom two has windows to the rear, vertical radiator and built in wardrobes with sliding doors.
The shower room is fitted with a modern three piece suite with walk in shower, hand basin, W.C, two double glazed windows to the side, chrome heated towel rail and complementary tiled walls.
Outside To the rear of the property there is a patio area with steps leading to further lawn garden with flower and shrub borders, further seating area, greenhouse and wooden garden shed.
At the front of the property there is a block paved driveway providing ample off road parking leading to the garage with electric roller door.
Location The property is situated in a cul-de-sac position and is superbly located for The Oaks hospital and Colchester North station which offers services to London Liverpool Street.
Colchester General hospital is also a short distance away and the A12 can be accessed London bound for the M25.
Shopping facilities for day to day needs at Turner Rise retail park via a range of national outlet stores. Directions Please use the postcode CO4 5DX for SatNav.
Important Information Council Tax Band - C Services - We understand that mains water, drainage, gas and electricity are connected to the property. Tenure - Freehold EPC rating - D Ref - COL260182/prc
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
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FAQ
About 4, Greenacres, Essex
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