1-bedroom flat · CO1 2RX
For saleListed 40 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £80,000 - £90,000. Over 60S Retirement Apartment With Parking In Colchester Guide price £80,000 - £90,000.
This delightful one-bedroom apartment in Cranmere Court offers an exceptional opportunity for those seeking a comfortable and convenient retirement property in Colchester.
Specifically designed for residents over the age of 60, this apartment provides a secure and supportive living environment, ensuring peace of mind for its occupants.
The apartment itself comprises a well-proportioned bedroom, a modern bathroom, and a welcoming reception room, perfect for relaxing or entertaining guests.
The layout is thoughtfully designed to maximise space and natural light, creating an inviting atmosphere throughout.
While the interior offers a comfortable living space, there is also scope for a new owner to personalise and update the decor to their own taste, adding significant value and creating a truly bespoke home.
Cranmere Court boasts an array of excellent communal facilities that enhance the quality of life for its residents.
The beautifully maintained communal gardens provide a tranquil outdoor space, ideal for leisurely strolls or enjoying the fresh air.
For social interaction, the residents' lounge offers a comfortable setting to meet neighbours and participate in community activities.
Convenience is further assured with lifts providing easy access to all floors, making the entire building accessible.
One of the significant advantages of this property is the inclusion of an allocated parking space, a highly sought-after feature in many residential developments.
This ensures hassle-free parking for residents and their visitors.
The property is also offered with no onward chain, simplifying the purchasing process and allowing for a smoother, quicker transaction.
Located in Colchester, Cranmere Court benefits from excellent local amenities and transport links.
Residents can enjoy easy access to shops, supermarkets, healthcare facilities, and public transport routes, ensuring all daily needs are met within close proximity.
Colchester itself is a historic town with a vibrant community, offering a wealth of cultural attractions, parks, and recreational opportunities.
This apartment represents an ideal choice for individuals or couples looking for an independent yet supported lifestyle within a friendly community.
With its attractive guide price, desirable features, and convenient location, early viewing is highly recommended to fully appreciate all that this charming retirement property has to offer.
Agents note: Anti-Money Laundering (aml) Compliance As part of our commitment to meeting UK Anti-Money Laundering (aml) regulations, Harris + Wood are required by law to confirm the identity of all purchasers before a sale can proceed.
To make this process as straightforward as possible, we work with an independent verification service, Clearcheck, who conduct these checks on our behalf.
A small verification fee applies for each purchaser. These checks must be fully completed and verified before we are able to progress with your purchase.
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 advisors 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 Flat 222, Cranmere Court, Colchester
Explore nearby