3-bedroom house · CO2 7HA
Listing removedReduced £10k (−4.2%) on 26 AugListed 88 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £240,000 - £260,000. Charming Three Bedroom Terraced House. Guide price £240,000 - £260,000.
This charming three bedroom terraced house offers an excellent opportunity for those looking to purchase in a highly desirable area of Colchester.
The property boasts a prime location, providing the convenience of being within easy walking distance of the vibrant city centre, with its extensive array of shops, restaurants, cultural attractions, and excellent transport links.
Upon entering, you are greeted by a well-proportioned living space, leading through to the kitchen area.
A notable feature of this home is the ground floor bathroom, a practical arrangement that caters to modern living.
The layout is designed to maximise comfort and functionality, making it suitable for a variety of purchasers, from first-time buyers to small families or those looking to downsize.
Upstairs, the property comprises three comfortable bedrooms, offering ample space for relaxation and personal customisation.
Each room benefits from natural light, creating bright and inviting atmospheres.
The overall condition of the property is good, presenting a fantastic canvas for new owners to infuse their personal style and potentially undertake cosmetic enhancements to truly make it their own.
Externally, the property features a private rear garden, providing a tranquil outdoor space perfect for al fresco dining, gardening, or simply unwinding after a busy day.
This private amenity is a valuable asset, especially given its city centre proximity, offering a peaceful retreat from urban life.
One of the most significant advantages of this property is that it is offered with no onward chain.
This can significantly streamline the purchasing process, allowing for a smoother and potentially quicker completion.
The highly sought-after location ensures strong demand, making this an attractive proposition for both owner-occupiers and investors alike.
Colchester itself is a historic city with a rich heritage, offering a blend of ancient charm and modern amenities.
Residents benefit from excellent schooling options, a mainline railway station with direct links to London Liverpool Street, and easy access to major road networks such as the A12.
The city also provides numerous parks, leisure facilities, and a thriving community spirit. This terraced house represents a superb chance to acquire a well-located home in Colchester.
Early viewing is highly recommended to fully appreciate the potential and appeal of this delightful property.
Agents note: Anti-Money Laundering (aml) Compliance As part of our commitment to meeting UK Anti-Money Laundering (aml) regulations, Harris + Wood are required by law to confirm the identity of all purchasers before a sale can proceed.
To make this process as straightforward as possible, we work with an independent verification service, Clearcheck, who conduct these checks on our behalf.
A small verification fee applies for each purchaser. These checks must be fully completed and verified before we are able to progress with your purchase.
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 12 St Johns Green, Colchester, Essex
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