3-bedroom house · CO2 8WR
Listing removedReduced £25k (−7.1%) on 21 JunListed 153 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***guide price £350,000 -£375,000*** Situated to the south of Colchester, this stylish three-bedroom detached family home is within easy reach of local amenities, schools, shops, and convenient bus routes into the city centre.
The well-presented accommodation comprises an entrance hall, cloakroom/WC, spacious lounge with stairs to the first floor, and a fitted kitchen/diner with doors opening onto the rear garden.
Upstairs, there are three bedrooms, including one with an en-suite shower room, plus a family bathroom. Externally, the rear garden is mainly laid to lawn with a patio area and summerhouse.
A driveway provides off-road parking and leads to the garage, which has been converted into a gym, and an electric roller door has been added to the carport.
Palmer & Partners would recommend an early internal viewing to avoid disappointment.
EPC: Tbc Entrance Hall Cloakroom/WC Lounge (3.55m x 4.59m) Kitchen/Diner (4.52m x 3.14m) First Floor Landing Bedroom One (2.5m x 3.47m) En-Suite (2m x 1.42m) Bedroom Two (2.38m x 2.9m) Bedroom Three (1.95m x 2.42m) Family Bathroom (2.06m x 1.65m)
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 9, James Parnell Drive, Essex
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