3-bedroom bungalow · CO3 9DU
Sold STCListed 71 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*Guide Price £375,000 - £400,000* This well-presented three-bedroom detached bungalow is ideally situated on Straight Road within the popular CO3 area of Colchester.
Presented to a good standard, the property would make an excellent home for families, downsizers or those seeking the convenience of bungalow living, with the added benefit of being offered for sale with no onward chain.
Upon entering, the welcoming hallway provides access to the principal rooms and creates a practical flow throughout the property.
The generous living room offers an excellent space for both relaxing and entertaining, with plenty of natural light and ample room for a range of furniture.
The kitchen is well positioned and provides a good selection of fitted units and worktop space.
There are three well-proportioned bedrooms, with the principal bedroom being particularly generous in size and benefiting from an en-suite shower room.
The remaining bedrooms offer excellent flexibility, providing comfortable accommodation for family and guests, or the opportunity to create a home office or hobby room.
A separate family bathroom completes the internal accommodation.
An added feature of the property is the garage, providing excellent storage and secure parking, while also offering potential for a variety of uses subject to any required permissions.
The property also benefits from off-road parking, making it practical for multiple vehicles.
Outside, the property enjoys its own private garden space, providing an ideal area for outdoor seating, entertaining or simply enjoying the warmer months.
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
FAQ
About 240B, Straight Road, Colchester
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