1-bedroom flat · CO3 9AP
For saleListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***guide price £150,000 to £175,000*** Located in the Lexden area of Colchester, this well-presented ground floor one-bedroom apartment offers spacious and practical accommodation throughout.
Ideal for first-time buyers, investors or those looking to downsize, the property benefits from a generous lounge, modern fitted kitchen, useful utility area, double bedroom, communal parking and excellent access to Colchester City Centre and local amenities.
Overview ***guide price £150,000 to £175,000*** Located in the Lexden area of Colchester, this well-presented ground floor one-bedroom apartment offers spacious and practical accommodation throughout.
Ideal for first-time buyers, investors or those looking to downsize, the property benefits from a generous lounge, modern fitted kitchen, useful utility area, double bedroom, communal parking and excellent access to Colchester City Centre and local amenities.
Step inside The property is accessed via a communal entrance leading to a private front door.
Upon entering, an entrance hall provides access to all rooms and incorporates a useful utility/storage area, offering space for laundry appliances and additional household storage.
The spacious lounge measures approximately 14'10" x 11'8" (4.52m x 3.56m) and provides an excellent living and entertaining space with plenty of room for both lounge and dining furniture.
The modern kitchen measures approximately 9'0" x 7'8" (2.74m x 2.34m) and is fitted with a range of contemporary wall and base units, work surfaces, sink and drainer, cooking facilities and space for appliances.
The double bedroom measures approximately 13'0" x 10'11" (3.96m x 3.33m) and offers ample space for wardrobes and additional furnishings.
Completing the accommodation is the bathroom, fitted with a panel-enclosed bath, low-level WC and wash hand basin. Step outside Residents benefit from communal grounds and communal parking.
The location Nelson Road is conveniently positioned to the west of Colchester, offering excellent access to everyday amenities, leisure facilities and transport links.
A range of shops, supermarkets, cafés and local services can be found nearby, while Colchester City Centre is within easy reach, providing an extensive selection of retail, dining and entertainment options.
Colchester North Station is also readily accessible, making the location well suited for commuters, whilst nearby parks and green spaces offer opportunities for recreation and outdoor enjoyment.
Agents notes These particulars are issued for guidance purposes only and do not constitute any part of an offer or contract. All descriptions, dimensions, and measurements are approximate.
Fixtures, fittings, and contents are subject to separate negotiation unless explicitly included.
Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png)
FAQ
About 66, Nelson Road, Colchester
Explore nearby