3-bedroom terraced house · CO3 9BE
Sold STCListed 144 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***GUIDE PRICE £375,000 - £400,000*** Palmer & Partners are pleased to offer for sale this three-bedroom extended end-of-terrace home, situated in a sought-after area of Lexden.
The property is within walking distance of excellent local shops, amenities, and schools, and is only a short car journey from Colchester's historic city centre, the A12, and Tollgate Retail Park.
The property has been extended by the current vendors to both the front and rear. The accommodation comprises an entrance area, hallway, and a ground-floor cloakroom.
The lounge flows into the dining room, which features double doors opening into the light-filled orangery at the rear, overlooking the garden and providing access to it.
There is also a well-appointed kitchen. Upstairs, the landing provides access to the partly boarded loft with a pull-down ladder.
The first floor also offers three bedrooms and a family bathroom with a bath and separate shower cubicle.
The property is further enhanced by a large rear garden, mainly laid to lawn, with both patio and decking areas. There is also a summer house with light and power.
To the front, the home benefits from off-road parking via a private block-paved driveway leading to the double-length garage, also with light and power connected.
Palmer & Partners would advise an early internal viewing to avoid disappointment.
EPC: C Entrance Hall 11' 6" x 6' 3" Hall WC Lounge 11' 9" x 15' 1" Dining Room 19' 3" x 9' 9" Orangery 16' 2" x 10' 0" Kitchen 11' 3" x 9' 8" First Floor Landing Master Bedroom 11' 2" x 12' 6" Bedroom Two 10' 0" x 8' 0" Bedroom Three 8' 11" x 7' 3" Bathroom 11' 6" x 6' 2"
Value & comps
No previous sales on record.
Returns
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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 Clairmont Road, Lexden, Colchester, Essex, CO3
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