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See how verdicts work2-bedroom bungalow · CO6 1LU
No longer listedListed 37 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price: £300,000 - £325,000. A spacious two bedroom detached bungalow positioned along Godmans Lane in Marks Tey, offered for sale with no onward chain.
The property provides generous accommodation, two sunrooms, ample off road parking, a detached garage and a large established rear garden.
The accommodation begins with an entrance hall featuring useful built in storage cupboards, with an additional porch area to the left.
To the right is the spacious living and dining room, offering plenty of space for both relaxing and entertaining.
To the rear is the kitchen, fitted with a good range of worktop and cupboard space, with access through to the first of two sunrooms overlooking the garden.
An additional hallway leads to the sleeping accommodation.
The principal bedroom is a generous double with built in wardrobes, while the second double bedroom benefits from sliding doors opening into a further sunroom, providing a versatile additional space.
Completing the accommodation is a shower room with a walk in shower, WC and wash basin.
Outside, the property enjoys a large enclosed rear garden, predominantly laid to lawn with a patio seating area, mature trees and multiple storage sheds.
There is also direct side access into the detached garage.
To the front is a generous driveway and lawned garden, with further parking extending along the side of the bungalow and leading to the garage with an up and over door.
Godmans Lane is conveniently located for Stane Retail Park, local bus services, the A12 and A120, as well as Marks Tey railway station, providing direct services into London Liverpool Street.
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
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FAQ
About 11, Godmans Lane, Colchester
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