2-bedroom bungalow · CO3 4SL
Listing removedListed 76 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***guide price £375,000 - £400,000*** Offered for sale with no onward chain and situated in the sought after area of Prettygate, is this two bedroom detached bungalow.
This area is particularly favoured for its strong sense of community, well-regarded local schools, and excellent access to a variety of shops, cafés, and everyday amenities.
Regular bus services offer convenient connections to Colchester city centre, where an even broader range of retail and leisure facilities can be found, along with mainline rail links to London.
Internally, the accommodation comprises an entrance porch leading into a spacious entrance hall, a generous lounge with a bay window to the front aspect, a conservatory, and a well-proportioned kitchen/diner.
A rear lobby provides access to a ground floor WC, a useful storage room, a utility cupboard, and a covered walkway with a door leading to the garage.
There are two good size bedrooms and a modern shower room with double shower cubicle. A driveway provides off road parking.
Palmer & Partners would recommend an early internal viewing to avoid disappointment.
EPC: D Entrance Porch Entrance Hall Lounge (3.64m x 7.18m) Conservatory (3.68m x 2.33m) Bedroom One (3.78m x 4.22m) Bedroom Two (2.8m x 3.33m) Shower Room (1.67m x 2.46m) Kitchen/Diner (5.34m x 2.97m) Lobby (1.93m x 2.64m) WC Utility Storage Covered Walkway Garage (2.47m x 5.83m)
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 5, Baden Powell Drive, Prettygate, Essex
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