3-bedroom terraced house · CO3 3QL
Listing removedListed 132 days · slow let
Opportunity summary
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About
**DEPOSIT FREE OPTION AVAILABLE** *** SITUATED IN LEXDEN *** Three bedroomed mid terraced house, 2 reception rooms, ground floor cloakroom, kitchen, first floor shower room, 2 double bedrooms and single bedroom, gardens to front and rear, permit parking via Colchester via council.
Property is situated in a non estate location, also has an unoverlooked rear garden. Property is also situated close to local schools and a very short walk or drive to Colchester Town Centre.
Viewing is advised!!!
Entrance is made via upvc entrance door leading to Hall Hall= Cloakroom= Lounge= 15`8 x 10`10 Dining Room= 10`4 x 9 Kitchen= 8`4 x 7`10 First Floor= Bedroom One= 13`6 x 8`10 Bedroom Two= 12`6 x 9`8 Bedroom Three= 8`10 x 7`8 Outside= Parking is permit parking via Colchester Borough Council, Garden area to front which is laid to lawn, Gadren to rear which commences of a patio area remainder is laid to lawn with various flower and shrubs, garden is also enclosed and gated to rear with pedestrian rear access.
Rear garden is unoverlooked. SPECIAL NOTE Please be advised this landlord has requested NO PETS and NO SMOKING. AVAILIBILITY: The property is available from 30th June 2026.
HOLDING DEPOSIT: A holding deposit of 1 weeks rent (£298.00) must be paid before any application can be processed.
RENT: £1295.00pcm DEPOSIT: A deposit of 5 weeks rent will be required (£1494.00) Council Tax Band - C EPC RATING - C TERMS: Applicants will be required to sign a tenancy agreement no later than 15 calendar days after applying.
CONSUMER PROTECTION FROM UNFAIR TRADING REGS INFORMATION LOCAL AUTHORITY - Colchester County Council BROADBAND AVAILABILITY - Standard, Superfast and Ultrafast speeds available (details obtained from Ofcom Mobile and Broadband Checker) June 2026 MOBILE COVERAGE - It is understood that there is service provided by Vodafone Good outdoor and in home, EE Good outdoor and varible in home, O2 Good outdoor and Three good outdoor and variblre in home.
(Details obtained from Ofcom Mobile and Broadband Checker) May 2026 UTILITIES - Mains electric Mains water Mains sewerage Mains gas
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
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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.
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