2-bedroom house · CO3 8AW
Sold STCListed 222 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price: £290,000 - £300,000. A well-presented and modern two-bedroom home, located on the popular Meerkat Mews in the CO3 area of Colchester, and finished to a high standard throughout.
The property offers well-balanced accommodation, ideal for first-time buyers, professionals or investors, while also benefiting from excellent access to local amenities, schooling and transport links.
The property is entered via a welcoming hallway, which provides access to a convenient ground floor WC.
The main living accommodation consists of a bright and spacious living room, offering ample space for both relaxation and entertaining.
To the rear of the property is a modern fitted kitchen, well-equipped with a range of units and worktop space, with direct access out to the rear garden.
The first-floor landing leads to two well-proportioned bedrooms, including a principal bedroom which benefits from its own en-suite shower room.
A contemporary family bathroom serves the remaining bedroom and completes the first-floor accommodation.
Externally, the property enjoys a low-maintenance enclosed rear garden, predominantly laid to artificial lawn (astro), providing an ideal outdoor space for seating and entertaining.
To the rear of the property there is driveway parking for two vehicles, offering convenient off-road parking.
Agents Note: There is an annual estate charge of £187.70 EPC Rating: C Disclaimer These particulars are for guidance only and do not form part of any offer or contract.
All measurements, images and floor plans are approximate and for illustrative purposes only. Services, appliances and systems have not been tested and no warranty is given as to their condition.
Buyers and tenants must rely on their own inspections, surveys and legal enquiries to verify all material information that is important to them.
Anti-Money Laundering (AML) Verification Oakheart is required to undertake identity and compliance checks in line with UK Anti-Money Laundering (AML) legislation.
These checks apply to all sellers, purchasers and landlords as part of our sales and lettings procedures.
To facilitate this process, we use Landmark, an independent third-party provider that carries out the necessary verification checks on our behalf. A fee of £24.00 inclusive of VAT per person applies.
All relevant checks must be completed and verification confirmed before we can progress with the...
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Meerkat Mews, Stanway, CO3
Explore nearby