1-bedroom house · CO2 9QB
Listing removedReduced £50 (−10%) on 21 JunListed 239 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A first floor room located in a four bedroom terraced house situated in a convenient location, with close proximity to local amentites, transport links and green spaces.
The property benefits from a communal garden, shared shower room and WC. Rent includes council tax, heating, electric and water. Available now. Unfurnished.
EPC Rating: C Bedroom (3.57m x 2.82m) Private bedroom with window to front aspect. Built in storage cupboard Bathroom Shared bathroom and separate WC Kitchen Communal kitchen with a range of units.
Integrated oven and hob. Sink with drainer. Window and door to rear. Outside To the rear of the property is a communal garden, mainly laid to lawn.
Tenancy Information The rent is inclusive of utilities and council tax. Minimum term: 6 Months *Deposit: £576.00 Council Tax Band: C - Paid by the landlord and included in rent.
Local Authority: Colchester Availability: Now EPC Rating: C -74 * mjpc have partnered with Reposit to offer a Cashless Deposit option to the normal 5 week deposit.
Please ask any team member for more details. Mjpc is a member of propertymark which is a client money protection scheme, and also a member of The Property Ombudsman, which is a redress scheme.
You can find out more details on the agent's website or by contacting the agent directly. Viewings Strictly by prior appointment with the Letting Agent.
If you wish to proceed with this property following your viewing then please supply an application either directly to the office or via our website - .
Select the property in question and click "Make an Offer" Garden Rear garden, mainly laid to lawn Parking - On Street Parking is available on street
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Room 2 4 Ilex Close, Colchester
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