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See how verdicts work3-bedroom detached house · CO3 3UL
For saleListed 56 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a highly desirable residential location, 3 Park Road is within a short walk of a wide range of local amenities and everyday conveniences.
This appealing 3/4-bedroom chalet-style home offers well-proportioned accommodation, a generous west-facing rear garden, ample off-road parking and a detached garage measuring approximately 24'10" Accommodation Ground floor The ground floor comprises an entrance vestibule leading into a welcoming hallway, a good-sized kitchen/dining room and a comfortable living room.
There is also a versatile sitting room, which could be used as a fourth bedroom, together with a conservatory and garden room.
Bedroom one is located on the ground floor and benefits from an adjacent shower room and separate WC. First floor On the first floor are two further bedrooms and a shower room.
Outside Outside, the property enjoys a particularly generous west-facing garden, providing a wonderful private space for outdoor entertaining and relaxation.
The private driveway provides ample off-road parking and leads to the detached 24'10" garage, offering excellent storage and further potential for a variety of uses.
Properties of this type, in such a sought-after Lexden location, rarely come to the market and early viewing is strongly recommended.
Location There are many reasons why Lexden is so desirable, including its proximity to the city centre and good, local, independent shops.
It offers sizeable homes, interesting architecture, and good access to outdoor spaces.
Both Hilly Fields and Lexden Park have been declared nature reserves and have some old parkland and mature woodland adjoining a wildflower meadow and an ornamental lake.
The house is just five minutes' walk from Crouch Street, with its excellent delicatessen, and is in the catchment area of some of the best schools in the country.
Colchester City Centre with shops and restaurants – walking distance Schools - Colchester Royal Grammar School, Colchester Girls High, St Mary’s, Philip Morant, St Benedicts, Oxford House, Colchester High School, Hamilton Road Primary, Prettygate Primary – all walking distance.
- Holmwood House - 0.5 miles - Bus stop to Ipswich school, Gosfield, Royal Hospital, St Joseph’s College and Ipswich School - all leave from within 0.5 of a mile from the house Colchester North and Town Stations – 1.2 miles (London Liverpool Street 50 mins) Mercury Theatre and cinemas – walking distance Hilly Fields Nature Reserve – walking distance Lexden Park Nature Reserve – walking distance
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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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.
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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 3, Park Road, Lexden, Colchester, Essex, CO3
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