3-bedroom detached house · CO2 8PN
For saleListed 30 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An established house, of some stature, offering excellent family accommodation, benefitting from a large rear garden, off road parking for numerous vehicles, garage and gas fired central heating.
Entrance door to entrance hall with stairflight to first floor and cupboard housing the gas fired boiler.
Front facing living room has a central fireplace with ornamental shelving to one side and bay window.
The useful utility room has a work surface with inset sink, plumbing for automatic washing machine, fitted storage cupboards and space for fridge/freezer.
There is a ground floor shower room with shower cubicle, low level WC, wash basin and tall storage cupboard.
The dining room has a central fireplace and there are double glazed patio doors opening out onto the garden.
An archway leads through to the spacious kitchen/breakfast room, where there are fitted work surfaces with cupboards drawers and space under, inset one and a half bowl sink, built in double oven and grill, integrated fridge/freezer, four ring gas hob and fitted wall units.
There is a door to rear and further door to bedroom four/home office with access to loft space and personal door to garage.
On the first floor is a landing with access to loft space and bedroom one is a large double bedroom with built in wardrobes, housing the hot water tank, and there are two additional bedrooms.
The family bathroom has panelled bath, low level WC and wash basin.
Outside The property is set back from the road with a substantial driveway providing off road parking for a number of vehicles and giving access to the attached garage with up and over front door.
The rear garden is of a good size being mainly laid to lawn with decked patio area and flowerbeds, there is a garden shed and side access via gate to front.
Location The property occupies a convenient position for the local shopping parade and both primary and secondary schooling.
There is straight forward access to Colchester city centre with its excellent range of shopping and recreational amenities, wine bars, restaurants and Mercury Theatre.
Directions Please use postcode CO2 8PN for Satnav. Important Information Council Tax Band - D Services - We understand that mains water, drainage, gas and electricity are connected to the property.
Tenure - Freehold EPC Rating - D Ref - COL260791/gb Agents Note We are advised by the current vendors that to the rear of the property a planning application has recently been made for the erection of a single storey dwelling.
We understand that there is a shared drain with the neighbour plus an unfenced boundary (partial) via the enclosed side passage.
Value & comps
No previous sales on record.
Returns
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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 213, Mersea Road, Essex
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