3-bedroom house · CO3 3EE
For saleReduced £15k (−5%) on 29 SepListed 99 days
Opportunity summary
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About
Occupying a pleasant position in this highly regarded residential road a three bedroom character home with attractive 65’ rear garden and situated within easy reach of local schooling, city centre and railway station.
Entrance door to sitting room, a very appealing room with central fireplace and open fire, display shelving to either side and window to front.
The dining room has a built in storage cupboard and there is a well fitted kitchen having work surfaces with cupboards drawers and space under, inset one and a half bowl sink with mixer tap, fitted wall units, plumbing for automatic washing machine and glazed panelled door to side.
The ground floor bathroom has a panelled bath, low level WC, wash basin and part tiled walls. On the first floor the landing has access to loft space and there is a shelved linen cupboard.
Bedroom one is a wonderful sized double bedroom with two built in wardrobes and fireplace.
There are two additional bedrooms, one of which houses the wall mounted gas boiler (which we understand was installed in 2023).
Outside The front garden is retained by low walling with pathway leading to front door.
To the rear of the property is a delightful garden extending to around 65’ in depth with extensive paved patio beyond which is a predominantly lawned garden with flowerbeds, vegetable area and two useful tool stores, one of which has electricity connected.
There is gated rear access to the communal alleyway.
Location The property occupies a superb position amongst some other quality homes within close proximity of local schooling, railway station and access to the city centre with its excellent range of shopping and recreational facilities, wine bars, restaurants and Mercury Theatre.
Directions Please use postcode CO3 3EE for Satnav. Important Information Council Tax Band - B Services - We understand that mains water, drainage, gas and electricity are connected to the property.
Tenure - Freehold EPC Rating - tbc Ref - COL260575/gb
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 55, Wickham Road, Essex
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