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See how verdicts work4-bedroom house · CO3 4EW
Sold STCListed 178 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
THE HOME *** GUIDE PRICE OF £450,000 - £500,000 *** John Alexander is delighted to present this exceptional four/five bedroom family home nestled in the highly desirable Prettygate area.
The property stands out with its unique feature: a self-contained one-bedroom annexe, offering an array of possibilities for multi generational living or guest accommodations.
As you step inside, you are welcomed by an expansive hallway that seamlessly leads into a well-appointed dining room and a cosy lounge, perfect for family gatherings or entertaining guests.
Additionally, the ground floor includes a versatile space that can function as a fourth bedroom or an additional reception room, alongside a modern kitchen equipped with everything needed for culinary creativity.
Venture upstairs to discover three well-proportioned bedrooms and a convenient WC, all designed to ensure comfort and privacy for the entire family.
The outdoor space is a true highlight-featuring a private rear garden that not only provides a tranquil setting but also backs onto picturesque woodland and a nature reserve.
This serene backdrop is ideal for relaxing or enjoying outdoor activities.
Parking is plentiful with a dedicated area at the front of the property, complementing the attractive and well-maintained garden.
LOCATION Convenience is at your doorstep, with the property's prime location near reputable local schools and a variety of amenities.
The area boasts a Co-op Local, pharmacy, newsagents, and the popular Prettygate Pub.
Excellent transport links, including regular bus services, offer easy access to Colchester city centre and the nearby Stane Retail Park, home to a Sainsbury's Superstore and other major retailers.
MEASUREMENTS ENTRANCE HALL BEDROOM FOUR 14' 3" x 10' 7" (4.34m x 3.23m) LIVING ROOM 19' 2" x 10' 10" (5.84m x 3.3m) DINING ROOM 10' 10" x 9' 10" (3.3m x 3m) SHOWER ROOM 5' 9" x 4' 1" (1.75m x 1.24m) KITCHEN 10' 8" x 10' 8" (3.25m x 3.25m) UTILITY ROOM 16' 6" x 8' 0" (5.03m x 2.44m) GARAGE 16' 2" x 8' 0" (4.93m x 2.44m) FIRST FLOOR LANDING MASTER BEDROOM 12' 11" x 10' 11" (3.94m x 3.33m) BEDROOM TWO 10' 8" x 8' 4" (3.25m x 2.54m) BEDROOM THREE 10' 8" x 8' 2" (3.25m x 2.49m) WC 5' 10" x 5' 4" (1.78m x 1.63m)
Value & comps
No previous sales on record.
Returns
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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 Magazine Farm Way, Colchester
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