2-bedroom terraced house
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
River Bank Walk, Colchester, CO1 1QJ £270,000 Offers in excess.
Offered to the market with the added luxury of no onward chain and situated within a stones throw of Colchester's picturesque Castle Park.
Fronting onto woodland and the River Colne, this home is surrounded by open green space and ideal for any individual, couple, working professionals or small family alike.
Being a short walk away from Colchester's mainline station with links to London Liverpool Street within the hour, it proves to be a suitable home for any commuter.
Ideally suited to first-time buyers, couples, working professionals or small families, this property offers comfortable living accommodation, convenient access to local amenities and excellent commuter links.
Key features include a welcoming entrance hall, reception room, modern kitchen with appliances to remain, downstairs cloakroom, two generously sized double bedrooms and a first-floor family bathroom.
Externally, the property benefits from an enclosed rear garden, with low maintenance in mind, featuring artificial lawn and a patio area for garden furniture, the remainder of the garden is enclosed by panel fencing with gated access leading to allocated parking driveway a garage providing valuable off-road parking.
An EV charging point is also installed, offering added convenience for electric vehicle owners.
Living Room 13' 7" x 10' 7" (4.14m x 3.23m) Kitchen 13' 10" x 11' 2" (4.22m x 3.40m) Bedroom One 13' 10" x 12' 1" (4.22m x 3.68m) Bedroom Two 13' 10" x 7' 11" (4.22m x 2.41m) Bathroom 6' 11" x 6' 8" (2.11m x 2.03m)
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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
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About River Bank Walk, Colchester
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