2-bedroom terraced house · CO2 7EP
To rentListed 509 days · slow let
Opportunity summary
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About
**DEPOSIT FREE OPTION AVAILABLE** Boydens are pleased to present this two/three bedroom property within walking distance to Colchester city centre.
This character property has recently been redecorated and comprises of two reception rooms, kichen with small lobby area housing the washing machine and downstairs bathroom.
On the first floor there are two good sized bedrooms with a further room which is accessed via the master bedroom.
Outside, to the rear of the property there is an enclosed courtyard garden with side access and on road permit parking via Colchester Council..
Located just off of Mersea Road, this property is short walk into Colchester city centre, Colchester Town Station and within easy reach of local amenities.
LOUNGE - 11 6'' x 10' 9'' DINING ROOM - 11'6'' x 11'2'' KITCHEN - 7'9'' x 6'4'' with fridge-freezer, washing machine, gas hob and electric cooker LOBBY With door to rear garden and area housing washing machine.
BATHROOM With complete suite and shower facilities. BEDROOM - 1 - 11'7'' x 11'2'' BEDROOM - 2 - 11'6'' x 10'11'' Door to - BEDROOM - 3 - 7' 8'' x 6' 3 OUTSIDE The rear garden is a courtyard style.
To the front of the property is permit parking - a permit will need to be obtained from Colchester Borough Council. SPECIAL NOTE Please be advised this landlord has requested NO PETS and NO SMOKING.
AVAILIBILITY: The property is available from 7th December 2026. HOLDING DEPOSIT: A holding deposit of 1 weeks rent (£288.00) must be paid before any application can be processed.
RENT: £1250.00pcm DEPOSIT: A deposit of 5 weeks rent will be required (£1442.00) 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) September 2026 MOBILE COVERAGE - It is understood that there is service provided by Vodafone Good outdoor and in home, EE Good outdoor varible in home, O2 Good outdoor and in home and Three good outdoor.
(Details obtained from Ofcom Mobile and Broadband Checker) September 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.
Area
Agent & docs
FAQ
About Lucas Road, Colchester, Essex
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