1-bedroom house · CO4 5ZG
Listing removedReduced £25 (−4.5%) on 11 AugListed 105 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This large one-bedroom property is situated within a house of multiple occupation. The generously sized bedroom measures 14'1" x 10'2" and benefits from ample natural light.
The property includes a bed, wardrobe and a desk in the corner of the room. The property will be available at the beginning of August and offers plenty of space for parking nearby.
Please contact us to arrange a viewing. Bedroom (4.31m x 3.12m) A large double bedroom with bed and wardrobe included. Kitchen Communal kitchen with a range of units. Integrated oven and hob.
Sink with drainer. Window and door to rear. Bathroom Shared bathroom.
Tenancy Information Rent Includes utilities and council tax *Deposit: £634.00 Local Authority: Colchester City Council Availability: Beginning Of August * mjpc have partnered with Reposit to offer a Cashless Deposit option to the normal 5 week deposit.
Please ask any team member for more details. Viewings Strictly by prior appointment with the Letting Agent.
If you wish to proceed with this property following your viewing then please supply an application either directly to the office or via our website - .
Select the property in question and click "Make an Offer" Garden Communal Garden
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Room 3 29 Mortimer Gardens, Colchester
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