3-bedroom detached house · CO7 7YH
For saleListed 24 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ready for viewings is this Detached three bedroom house. Positioned on a generous plot.
Located in the popular location of Elmstead Market, situated in a cul-de-sac within walking distance to Elmstead Primary School along with easy access to the a120.
Highlights include driveway, integral garage, kitchen, utility, open plan lounge/diner, three bedrooms, family bathroom and a genrous rear garden.
To fully appreciate what the property has to offer viewing highly advised. Entrance Hall UPVC front door, radiator.
Living Room 17' 08" x 10' 4" (5.38m x 3.15m) Double glazed window to front, radiator, gas fire, stairs to first floor, under stairs storage, open plan onto: Kitchen 10' 2" x 8' 2" (3.10m x 2.49m) Double glazed window to rear, range of wall and base units, tiled splash back, laminate worktop, towel radiator, stainless steel sink, space for cooker, slim line dish washer, fridge, wall mounted boiler.
Utility Room 13' 11" x 6' 11" (4.24m x 2.11m) Double glazed window to rear and door to side, part tiled walls, range of wall and base units, laminate worktop, stainless steel sink, space for washing machine, tumble dryer and fridge / freezer.
Dining Room 9' 08" x 9' 5" (2.95m x 2.87m) Patio door to rear, radiator. Ground Floor WC Double glazed window to front, radiator, wall hung basin, WC.
Landing Double glazed window to side, loft access, radiator, airing cupboard. Bedroom One 15' 08" x 9' 08" (4.78m x 2.95m) Double glazed window to front, radiator, fitted wardrobe.
Bedroom Two 11' 11" x 8' 10" (3.63m x 2.69m) Double glazed window to rear, radiator, fitted wardrobe.
Bedroom Three 9' 11" x 6' 06" (3.02m x 1.98m) Double glazed window to front, radiator, storage cupboard over stairs.
Family Bathroom Double glazed window to rear, part tiled walls, towel radiator, paneled bath with over head power shower, wash hand basin, low level WC.
Off Road Parking & Garage Off road parking to the front aspect via the driveway with the remainder laid to lawn, garage with power and lighting also integral to the property.
Rear Garden A generous rear garden, mainly laid to lawn, sandstone patio area retained by mature shrubs and bushes and fencing. Garden shed, water tap and outside socket.
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
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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 42, Lucerne Road, Colchester
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