2-bedroom bungalow · CO6 1XU
For saleReduced £25k (−7.7%) on 21 OctListed 30 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bree Avenue, Marks Tey, CO6 Guide Price £325,000 – £350,000 A Detached Two Bedroom Bungalow With Garage – No Onward Chain Offered for sale with no onward chain, this well-proportioned two bedroom detached bungalow occupies a pleasant position within the popular village of Marks Tey, benefiting from driveway parking, a garage and an established rear garden.
The accommodation is arranged entirely over one level and begins with a welcoming entrance hall, providing access to two bedrooms and the family bathroom.
The principal bedroom benefits from fitted wardrobes, while the second bedroom provides flexibility as a guest room or home office.
The living accommodation comprises a generous lounge overlooking the rear garden, a separate dining room and a fitted kitchen.
Externally, the property enjoys a private and established rear garden, predominantly laid to lawn with mature planting and patio areas.
To the front, a driveway provides off-road parking and leads to the garage.
Location Marks Tey is a well-connected village to the west of Colchester, offering a range of everyday amenities and excellent transport links.
Marks Tey railway station provides direct services towards London Liverpool Street, while the nearby A12 and A120 offer convenient road connections towards Colchester, Chelmsford, Braintree and beyond.
Tollgate Retail Park and Stane Retail Park are also within easy reach, providing a wide selection of shops, supermarkets, restaurants and leisure facilities.
Viewings are available via Michaels Property Consultants without delay.
Living Room 18' 4" x 10' 2" (5.59m x 3.10m) Kitchen 9' 6" x 9' 6" (2.90m x 2.90m) Bedroom One 2 11' 2" x 10' 2" (3.40m x 3.10m) Bedroom Two 2 10' 0" x 8' 3" (3.05m x 2.51m)
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 10, Bree Avenue, Colchester
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