4-bedroom detached house · CO3 3SG
Sold STCListed 214 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***GUIDE PRICE £475,000 - £500,000*** ***OPEN DAY TUESDAY 31ST MARCH 3:30PM - 5:30PM*** Offered for sale with no onward chain, Palmer & Partners are pleased to present this four-bedroom detached home, situated in the highly sought-after area of Lexden.
The location offers excellent access to Colchester's historic city centre, as well as both Town and North railway stations, providing direct links to London Liverpool Street.
The property is also conveniently close to a range of local shops, amenities, the A12, and some of the borough’s most highly regarded schools.
The accommodation comprises an entrance hall, ground floor WC, and a spacious lounge with double doors opening into a separate dining room, which in turn provides access to the rear garden.
There is also a well-proportioned kitchen, also offering direct access to the garden. To the first floor, there are four bedrooms, with one currently being used as a study, along with a shower room.
Externally, the property benefits from a generous rear garden, mainly laid to lawn with mature borders.
To the front, there is a lawned garden and a driveway providing off-road parking and access to the garage.
Palmer & Partners strongly recommend an internal viewing to fully appreciate the accommodation on offer.
Hallway WC Lounge 11' 11" x 20' 3" Kitchen 11' 0" x 11' 11" Dining Room 12' 6" x 11' 0" First Floor Landing Main Bedroom 11' 11" x 11' 11" Bedroom Two 13' 2" x 12' 2" Bedroom Three 7' 5" x 10' 1" Bedroom Four/Study 10' 4" x 7' 7" Shower Room 7' 4" x 6' 7"
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 Sanders Drive, Lexden, Colchester, Essex, CO3
Explore nearby
