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See how verdicts work4-bedroom flat · CO2 8JD
For saleReduced £10k (−3.7%) on 21 JunListed 203 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
High-Yield 4-Bed Duplex Apartment, Colchester, 11% ROI Presenting a superb investment opportunity, this four-bedroom duplex apartment on Meachen Road, Colchester, offers an impressive 11% yield with tenants already in situ.
This HMO property is ideally positioned for investors seeking a robust return and a hassle-free acquisition, being offered with no onward chain.
The apartment features a generously proportioned open-plan kitchen/diner/living room, creating a versatile social hub.
Accommodation includes four well-sized bedrooms, with an en suite shower room to the master, plus a further two bathrooms.
Its status as a House in Multiple Occupation (HMO) with existing tenants guarantees immediate rental income.
Location is key, and this apartment benefits from an excellent position close to the University of Essex, making it highly desirable for student tenants or university staff.
Furthermore, its proximity to Hythe Station provides convenient transport links, enhancing its appeal to a broader range of tenants and ensuring easy access to Colchester town centre and beyond.
This property represents a rare chance to acquire a high-performing investment with established income and significant growth potential in a popular Colchester location.
Its combination of a strong yield, desirable features, and strategic location makes it an unmissable prospect for discerning investors. Early viewing is highly recommended.
Entrance Hallway Entrance door, stairs rising to the first floor landing, doors leading off Kitchen 7'4" x 19'3" Double glazed window, wall and base level units, sink and drainer with mixer tap over, oven and hob, worktops, space for appliances Bedroom 14'8" 9'4" Double glazed window, radiator, door to: En Suite 5'2" x 5'2" Low level WC, wash hand basin, shower cubicle, radiator Bedroom 11'6" x 7'7" Double glazed windows, radiator Bedroom 9'3" x 11'2" Double glazed window, radiator Bathroom 5'11" x 10'9" Low level WC, wash hand basin, bath with shower over, radiator First Floor Landing Doors leading off Bedroom 11'11" x 10'5" Double glazed window, radiator Shower Room 7'2" x 9'2" Low level WC, wash hand basin, shower cubicle, radiator Parking Allocated parking Agents note: Anti-Money Laundering (aml) Compliance As part of our commitment to meeting UK Anti-Money Laundering (aml) regulations, Harris + Wood are required by law to confirm the identity of all purchasers before a sale can proceed.
To make this process as straightforward as possible, we work with an independent verification service, Clearcheck, who conduct these checks on our behalf.
A small verification fee applies for each purchaser. These checks must be fully completed and verified before we are able to progress with your purchase.
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
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FAQ
About 29, Meachen Road, Colchester
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