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See how verdicts work2-bedroom flat · CO1 2LB
For saleListed 86 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***guide price £150,000 to £175,000*** Situated in a convenient location close to the City Centre and the popular Recreation Ground, this two-bedroom second-floor apartment offers practical accommodation, allocated parking and visitor parking, making it an ideal purchase for commuters, first-time buyers or investors.
Overview ***guide price £150,000 to £175,000*** Situated in a convenient location close to the City Centre and the popular Recreation Ground, this two-bedroom second-floor apartment offers practical accommodation, allocated parking and visitor parking, making it an ideal purchase for commuters, first-time buyers or investors.
Step inside Accessed via a communal entrance with stairs rising to the second floor, the apartment opens into an entrance hall, providing access to all rooms and benefiting from a useful storage cupboard.
The principal living space is a generously sized living room, measuring 15'10" x 11'1" (4.82m x 3.38m), offering ample space for both seating and dining furniture.
Large windows help create a bright and airy feel throughout the room.
Located off the living area is the kitchen, measuring 9'6" x 5'11" (2.90m x 1.82m), fitted with a range of storage units and work surfaces with space for appliances.
The main bedroom measures 10'10" x 10'5" (3.30m x 3.16m) and provides excellent space for a double bed and bedroom furniture.
The second bedroom measures 10'10" x 6'8" (3.30m x 2.04m) and would make an ideal guest room, child's bedroom or home office.
Completing the accommodation is the bathroom, measuring 7'8" x 6'9" (2.33m x 2.07m), fitted with a bath, wash hand basin and WC.
Step outside The property benefits from an allocated parking space, together with additional visitor parking.
The nearby Recreation Ground offers open green space for walking, exercise and leisure activities.
The location Recreation Road is conveniently positioned to the east of Colchester City Centre, offering excellent access to a range of local amenities, shopping facilities, restaurants and leisure attractions.
The property is particularly attractive for commuters, being within easy reach of Hythe station and Colchester Station, which provides direct services to London Liverpool Street.
The nearby Recreation Ground offers valuable green open space, while the City Centre's historic attractions, retail outlets and entertainment facilities are all readily accessible.
Excellent road links via the A12 provide straightforward connections to Chelmsford, Ipswich and the wider Essex and Suffolk regions.
Agent note These particulars are issued for guidance purposes only and do not constitute any part of an offer or contract. All descriptions, dimensions, and measurements are approximate.
Fixtures, fittings, and contents are subject to separate negotiation unless explicitly included.
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.
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FAQ
About 9, Recreation Road, Colchester
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