2-bedroom flat · CO2 8HQ
For saleReduced £10k (−5.9%) on 16 OctListed 321 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No onward chain - Martin & Co are pleased to present this modern, two double bedroom, two bathroom 1st floor apartment with a large open plan living area and with an allocated parking space.
Viewings by appointment only!
No onward chain - Martin & Co are pleased to present this modern, two double bedroom, two bathroom 1st floor apartment with a large open plan living area and with an allocated parking space.
Viewings by appointment only! Entrance hall 10' 8" x 6' 7" (3.255m x 2.010m) A wide L-shaped entrance hallway with a large built in storage cupboard, wall heater and wooden flooring.
Living area 18' 8" x 16' 2" (5.697m x 4.936m) A spacious open plan living area with fitted carpets, electric wall heaters and dual aspect double glazed windows.
Kitchen 10' 2" x 7' 10" (3.110m x 2.389m) An open plan kitchen area with patterned tile flooring, fitted spotlights with a balcony view out to the gardens.
The kitchen comes with a fridge/freezer, induction hob, electric oven, space for a washing machine and a dishwasher.
Primary bedroom 13' 6" x 9' 3" (4.129m x 2.838m) A large main double bedroom with laminate flooring, electric wall heaters, and large double glazed window.
Ensuite 7' 5" x 5' 11" (2.262m x 1.814m) An ensuite bathroom with fitted laminate flooring and fitted spotlights. The ensuite comes with a wash basin, toilet and shower cubicle.
Bedroom two 16' 3" x 9' 4" (4.969m x 2.847m) A large second double bedroom with tile flooring, fitted electric wall heater and double glazed window.
Bathroom 7' 11" x 6' 1" (2.431m x 1.868m) A large neutral family bathroom with patterned tile flooring and fitted spotlights.
Bathroom comes fitted with a wash basin, toilet and bath with an over the bath shower.
This property also benefits with parking, access to the central communal park area and with good access to the University and public transport. Viewings by appointment only!
*Please be advised that the sales details for this property are for a general guide only and all the measurements and areas are approximate which do not constitute part or all of an offer/contract.*
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 99, Albany Gardens, Colchester
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