3-bedroom semi-detached house · CO1 2PY
For saleListed 19 days
Opportunity summary
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About
Steeped in character and occupying a truly unique position overlooking the historic St Botolph's Priory, this distinctive three bedroom home offers a wonderful combination of period charm, unusual architecture and modern living.
Originally built as a Victorian school before being donated to the Church of England and later converted into residential accommodation, the property is certainly not your everyday home.
Arranged over three floors, the accommodation begins with an inviting entrance hall with useful downstairs WC, leading through to an impressive open-plan kitchen, lounge and dining area.
This sociable space provides the heart of the home and continues through to a particularly charming wrought-iron conservatory, creating an ideal spot to sit and enjoy the property's unique surroundings.
The first floor provides a spacious bedroom which overlooks the living accommodation below.
This versatile room could equally lend itself to use as a home office, study, dressing room or additional reception space, depending on the new owner's requirements.
Moving to the top floor, there are two further generous bedrooms and a family bathroom.
The rear bedroom enjoys one of the property's standout features, with direct access onto a balcony overlooking St Botolph's Priory, providing an exceptional outlook and a wonderful place to enjoy the historic surroundings.
Outside, the property benefits from a private patio area, while to the rear there are two allocated parking spaces – a particularly valuable feature for a home so conveniently positioned for Colchester's city centre.
The location is equally impressive.
Situated on Priory Street, the property is within easy reach of Colchester's city centre, with its extensive range of shops, cafés, restaurants, bars and leisure facilities.
Colchester's mainline railway station is also within convenient reach, providing services towards London Liverpool Street and making the location particularly attractive for commuters.
And then there is the view. English Heritage - St Botolph's Priory sits directly opposite, with its striking remains providing a fascinating backdrop to the property.
Dating back to the 1100s, the Priory is an important part of Colchester's history and is recognised for its Norman architecture and connections to the city's past.
The surrounding St Botolph's area is also undergoing significant investment, with plans for a new St Botolph's Quarter intended to create a new public space and improve the connection between the railway station, St Botolph's Priory, Firstsite and Colchester Castle.
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 1, Priory Street, Essex
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