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See how verdicts work2-bedroom flat · CO2 8GT
For saleReduced £10k (−7.7%) on 7 JulListed 306 days
Opportunity summary
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About
This two-bedroom third-floor apartment features an open-plan living area that maximizes space and light, creating a welcoming environment.
The property includes a family bathroom and is conveniently located within walking distance to local amenities, Hythe station, and the university.
This makes it an ideal option for first-time buyers or investors seeking rental opportunities.
Although the apartment is in need of light renovation, it presents a fantastic opportunity to personalize and update the space to suit individual tastes and preferences.
Overview This two-bedroom third-floor apartment features an open-plan living area that maximizes space and light, creating a welcoming environment.
The property includes a family bathroom and is conveniently located within walking distance to local amenities, Hythe station, and the university.
This makes it an ideal option for first-time buyers or investors seeking rental opportunities.
Although the apartment is in need of light renovation, it presents a fantastic opportunity to personalize and update the space to suit individual tastes and preferences.
The home Situated in the heart of Colchester's popular Quayside Drive development, this third-floor two-bedroom apartment offers a fantastic opportunity for buyers looking to add value through light refurbishment and redecoration.
Located in a well-connected and desirable residential area, the property is ideal for first-time buyers, investors, or those seeking a conveniently located home near the town centre and University of Essex.
Offering approximately 58 square meters (678 square feet) of internal living space, the apartment is compact yet functional, with a layout that supports modern living.
At the centre of the home is the open-plan kitchen, lounge, and dining area providing a flexible space for everyday life.
Double doors lead out to a private balcony, offering a pleasant outdoor spot for morning coffee or evening relaxation.
The apartment includes: •Two bedrooms – both well-proportioned and suitable for a variety of uses •A family bathroom with standard fittings •Open-plan living area with access to the balcony •Secure entry system and lift access the location The apartment is well-positioned for easy access to a variety of local amenities, including shops, cafes, and restaurants, catering to all daily needs.
Residents will appreciate the convenience of being just a short walk from both Hythe station and the University of Essex, making it an ideal spot for students, professionals, and commuters alike.
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.
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FAQ
About 411, Quayside Drive, Colchester
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