2-bedroom detached house · CO3 8BU
Listing removedListed 259 days
Opportunity summary
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About
Penguin Parade, Stanway, CO3 **Guide Price £300,000 - £325,000** An exceptionally well-presented two-bedroom detached home Location: Situated in the popular Stanway area on the western side of Colchester, the property benefits from excellent local amenities.
Nearby is Stanway Retail Park with Marks & Spencer and Sainsbury’s at Tollgate. There is easy access to the A12 for London and the A120 towards Braintree and Stansted Airport.
Well-regarded primary and secondary schooling is close by, including Lexden Road Private School, Colchester Royal Grammar School, and St Mary’s School for Girls.
The Property: The home offers a welcoming entrance hall with tiled flooring, contrasting grey carpet, and neutral décor, along with the benefit of a downstairs cloakroom.
A spacious reception room features attractive wall panelling and useful under-stairs storage.
To the rear is a modern kitchen-diner, ideal for entertaining and hosting, complete with patio doors opening onto the garden.
The glossy kitchen includes an integrated oven and hob, space for appliances, and further feature wall panelling.
The first floor provides two excellent double bedrooms, including a principal bedroom with a complete en-suite shower room. A family bathroom serves the remainder of the property.
Outside: The landscaped rear garden offers a patio area ideal for al fresco dining and outdoor seating, a lawn, panel fencing, planted borders, and the added benefit of a summer house with full power.
Viewings: Viewings can be arranged without delay via one of our consultants.
Living Room 15' 1" x 10' 10" (4.60m x 3.30m) Kitchen/Dining Room 13' 9" x 9' 0" (4.19m x 2.74m) Master Bedroom 10' 7" x 9' 3" (3.23m x 2.82m) Bedroom Two 13' 9" x 7' 8" (4.19m x 2.34m) Bathroom 7' 0" x 6' 9" (2.13m x 2.06m) Outbuilding 13' 9" x 8' 5" (4.19m x 2.57m) Additional Information We understand an annual estate charge is applicable to this property.
We ask all interested parties to confirm the amount payable at an early stage of their conveyance with their appointed legal representative to prevent any discrepancies.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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
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FAQ
About 11, Penguin Parade, Colchester
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