1-bedroom flat · CO3 0FG
For saleReduced £5k (−4.3%) on 14 OctListed 317 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Price Guide. £125,000 - £135,000 Gallant Richardson Estate Agents bring to market this first floor one bedroom flat offering no on-going chain and long lease!. Allocated parking and visitor parking.
The property is tucked away within a cul de sac on a popular residential development located on the west side of Colchester being within close proximity of A12 road access that leads to Chelmsford, Ipswich and London, Sainsbury's supermarket, Tolgate and Staines Park shopping areas.
The local bus service runs into Colchester where a whole host shopping and leisure facilities can be found.
Neighbouring village of Marks Tey (just over two miles away) has a train station that connects into London's Liverpool Street station.
Hall Bedroom (3.51m'' in bay x 2.95m'' (11'6'' in bay x 9'8'')) Bathroom (2.24m'' x 1.47m'' (7'4'' x 4'10'')) Lounge (3.91m'' x 3.00m'' (12'10'' x 9'10'')) Kitchen (2.49m'' x 1.50m'' (8'2'' x 4'11'')) Outside Material Information Council Tax Band - A - 2025/2026 - £1,434.65 - via Colchester Council EPC - C - Valid till, 11/01/2036 Broadband Coverage - Standard/Superfast/Ultrafast - via Ofcom Mobile Phone Coverage - Yes - via Ofcom Flood Risk - Very Low - via .Gov Local Authority - Colchester City Council The property is situated on the first floor with no lift in the block.
Lease Information - Service charge: £329.24 - Ground rent: £406.20 - Lease start date: 1 January 1980 - Remaining years: 954 years There is also a reserve fund that is topped up each year roughly around £269.72 each year - Last total £1005.16 pa.
The Block is Managed By Boydens It is a mandatory requirement for Sales and Letting agents to be part of a redress scheme, we are members of TPO (The Property Ombudsman), a government approved redress scheme.
Anti-Money Laundering Checks “We are required by law to conduct anti-money laundering checks on all those selling or buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy.
The cost of these checks is £60 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable.
We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.” Disclaimer Every care has been taken with the presentation of these Particulars but complete accuracy cannot be guaranteed.
If there is any point, which is of particular importance to you, please obtain professional confirmation. Alternatively, we will be pleased to check the information for you.
These Particulars do not constitute a contract or part of a 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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 76, Dale Close, Colchester
Explore nearby