3-bedroom semi-detached house · CO5 8QD
For saleListed 20 days
Opportunity summary
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About
***guide price £375,000 - £400,000*** A rare opportunity to purchase a Victorian link detached family home with adjoining commercial premises in the central island location short distance to seafront offering good living space with perfect shop/gift store premises in this idyllic location.
A rare opportunity to purchase a Victorian three bedroom link detached residence with adjoining commercial shop premises in the heart of Mersea Island, a short distance to the seafront and popular eateries, offering itself for a variety of uses subject to usual planning consents.
The residential property is accessed via an entrance door which leads to an entrance lobby with stairs to the first floor.
To the left of the lobby there is a good size study with sash window to the front leading to the kitchen to the rear which offers a range of units and work surfaces with cupboards and drawers under, built in ceramic hob, stainless steel sink, eye level oven, wall mounted cabinets, door leading to conservatory to the rear with door leading to the rear garden, a further door leading to useful utility room with plumbing for washing machine and storage.
From the study, the lounge can be found to the rear of the property with double glazed window to the rear. There is also a dining room which has a sash window to the front and storage cupboard.
On the first floor the landing gives access to all three good size bedrooms, bedroom one being located to the rear having fitted wardrobes and storage. Bedrooms two and three are located to the front.
The bathroom can also be found on the first floor and comprises hand basin, panelled bath and WC with double glazed window to the side.
Shop Premises The adjacent shop premises has good window frontage and entrance door which leads to a large retail space with kitchenette, WC and door to the rear.
Outside To the rear of the property there is a large garden which is mainly to lawn with central pathways and patio seating areas and good size wooden storage shed.
Towards the rear of the garden are further two large storage sheds and there is gated access from the neighbouring carpark which provides off road parking at the very rear of the property.
There is a traditional size garden area to the front.
Location The property is situated in this idyllic location in the centre of the village with shopping facilities nearby, and also within a short distance to the seafront and popular restaurants and eateries.
The island itself is popular with the watersports and boating enthusiast, Colchester city centre is approximately 9 miles away which offers a further range of varied shopping facilities, bars and restaurants.
The A12 can be accessed London bound for the M25 and stations to the city offer services for London’s Liverpool Street. Directions Please use postcode CO5 8QD 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 - Ref - COL260577/pc Agents Note Notice to vacate has been served on the tenant.
Vacant possession is anticipated on or after 28th February 2027, subject to the tenant complying with the notice and, if necessary, any court process.
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 9-11, High Street, Colchester
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