2-bedroom flat · CO5 0AZ
Listing removedListed 93 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £190,000 - £200,000 David Martin Estate Agents are delighted to offer for sale this well-presented two bedroom ground floor apartment situated within walking distance of Tiptree village centre with its range of shops, schools and local amenities.
The accommodation comprises an entrance hall, open plan lounge/dining room, fitted kitchen, two bedrooms and a family bathroom.
Externally the property benefits from an allocated parking space and well-maintained communal gardens. An ideal first time purchase or investment opportunity, viewing highly recommended.
Chain Free David Martin Estate Agents are delighted to offer for sale this well-presented two bedroom ground floor apartment situated within walking distance of Tiptree village centre with its range of shops, schools and local amenities.
The accommodation comprises an entrance hall, open plan lounge/dining room, fitted kitchen, two bedrooms and a family bathroom.
Externally the property benefits from an allocated parking space and well-maintained communal gardens. An ideal first time purchase or investment opportunity, viewing highly recommended. Chain Free.
Entrance hall Entrance to the property is made via a communal entrance door with entry phone system to communal entrance hall with solid entrance door to entrance hall, radiator, storage cupboard, laminate flooring, door to: Lounge/diner 19' x 11' 3" (5.79m x 3.43m) Being well lit by two windows to rear aspect, radiator, laminate floor, open plan to: Kitchen 9' x 9' (2.74m x 2.74m) Comprehensively fitted with a range of units comprising of single drainer sink unit inset to worksurface with drawers and cupboards beneath, matching range of eye level wall mounted units, electric oven and hob inset to remain, plumbing for washing machine and dishwasher, splash tiling, tiled floor, gas fired boiler, window to front aspect.
Bedroom one 9' 6" x 9' (2.9m x 2.74m) Window to front aspect, radiator.
Bedroom two 9' 6" x 7' (2.9m x 2.13m) Window to side aspect, radiator bedroom two 9' 6" x 7' (2.9m x 2.13m) Window to side aspect, radiator.
Bathroom Stylish white suite comprising of low flush WC, wash hand basin inset to vanity unit, panel bath with shower over, splash tiling, window to side aspect, radiator.
Outside The vendor has advised us that the property has a allocated parking space for one car and the use of communal gardens.
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
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FAQ
About 7 The Anchorage, 11, Station Road, Colchester
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