2-bedroom house · CO3 0RE
Listing removedReduced £50 (−5%) on 1 JulListed 212 days · slow let
Opportunity summary
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About
**DEPOSIT FREE OPTION AVAILABLE** *** STANWAY*** This two bedroom property is located to the West of Colchester city centre, benefitting from many local amenities: Accessed via the front door which opens directly into the open plan lounge/dining space with stairs to first floor, The kitchen is off here with window to the front aspect, fitted base and eye level units with inset stainless steel sink, electric hob and space for appliances.
On the first floor there are two bedrooms, the principle is of a generous sized double whilst the second is of a single size.
The family bathroom is on the first floor complete with panelled bath with shower over, WC and pedestal style wash hand basin.
Externally there are communal gardens to both the front and rear of the property as well as a bin store and parking to the rear.
Tollgate Court is situated to the West of Colchester, with close access to the north and south A12. Stanway School is located nearby and a further selection of schools are also nearby in Lexden.
For railway commuters, Marks Tey mainline station is just a short drive away, which provides direct links into London's Liverpool Street.
Nearby amenities include a large Sainsbury's supermarket, a number of national restaurants and Tollgate retail park.
LOUNGE - 17'8'' x 8'10'' (5.4m x 2.7m) KITCHEN - 14'5'' x 5'2'' (4.4m x 1.6m) LANDING - 9'9'' x 7'4'' (3m x 2.2m) BEDROOM - 1 - 11'6'' x 7'11'' (3.5m x 2.4m) BEDROOM - 2 - 7'8'' x 6'3'' (2.3m x 1.9m) BATHROOM - 6'9'' x 5'9'' (2.1m x 1.8m) SPECIAL NOTE: The property is ideally suited to a single person or couple.
We regret NO PETS and NO SMOKING. AVAILIBILITY: The property is availabe from 11th April 2026 for a period of TWELVE MONTHS.
HOLDING DEPOSIT: A holding deposit of one weeks rent (£230.00) must be paid before any application can be processed. RENT: £1000.00PCM.
DEPOSIT: A deposit of five weeks rent will be required (£1153.00).
COUNCIL TAX BAND B EPC Rating - D TERMS: Applicants will be required to sign a tenancy agreement no later than fifteen calendar days after applying.
CONSUMER PROTECTION FROM UNFAIR TRADING REGS INFORMATION LOCAL AUTHORITY - Colchester County Council BROADBAND AVAILABILITY - Standard, Superfast and Ultrafast speeds available (details obtained from Ofcom Mobile and Broadband Checker) September 2025 MOBILE COVERAGE - It is understood that there is service provided by Vodafone which is Good Outdoor and varible in home, EE Good Outdoor and in home, O2 Good Outdoor and Three Good Outdoor and in home.
(Details obtained from Ofcom Mobile and Broadband Checker) September 2025 UTILITIES - Mains electric Mains water Mains sewerage
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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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