2-bedroom house · CO2 7FS
For saleReduced £10k (−4%) on 8 FebListed 358 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary *guide price: £240,000 - £250,000* Situated close by to the popular Abbey Fields, this modern coach house would make an excellent first time buy or downsize!
Description A beautifully presented two-bedroom coach house in a sought-after part of Colchester, offering modern living with the added benefit of private parking and storage.
Featuring two spacious double bedrooms, a family bathroom, and a bright, open-plan lounge and dining area-perfect for relaxing or entertaining.
The fitted kitchen is well-equipped with modern units and integrated appliances. Below the property, a private car port provides secure off-street parking along with a handy storage area.
The property is ideally positioned near Abbey Fields, one of Colchester's most cherished green spaces.
This historic parkland offers scenic walking trails, a large lake, sports facilities, and a seasonal outdoor swimming pool. It's a peaceful retreat just moments from the town centre.
Lancer Street sits within a well-connected residential area, popular with professionals and families alike.
Colchester Town railway station is within easy reach, offering direct services to London Liverpool Street.
Local shops, cafes, and schools are nearby, and the area benefits from regular bus routes and excellent road links.
With its combination of comfort, convenience, and proximity to Abbey Fields, this coach house is a fantastic opportunity to enjoy modern living in one of Colchester's most desirable neighbourhoods.
Entrance Hall Bedroom One 11' 1" x 12' 8" ( 3.38m x 3.86m ) Bedroom Two 9' 3" x 13' 1" ( 2.82m x 3.99m ) Bathroom 6' 7" x 7' 9" ( 2.01m x 2.36m ) Kitchen 6' 7" x 12' 9" ( 2.01m x 3.89m ) Lounge 11' 7" x 16' 8" ( 3.53m x 5.08m ) We currently hold lease details as displayed above, should you require further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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 21, Lancer Street, Colchester
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