1-bedroom flat · CO3 4RP
For saleListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***guide price £140,000-£160,000*** Situated on the top floor of this well-maintained development, this well-presented one-bedroom apartment offers bright, comfortable living accommodation and would make an ideal first-time purchase, investment opportunity or downsize property.
The property ***guide price £140,000-£160,000*** The accommodation is centred around a spacious open-plan kitchen/living room (5.56m x 4.27m), providing an excellent space for both relaxing and entertaining.
The kitchen area offers a range of fitted units with ample work surfaces and storage, whilst the living area enjoys plenty of natural light, creating a welcoming and versatile living environment.
The double bedroom (3.38m x 2.90m) is well-proportioned and provides space for freestanding bedroom furniture.
Completing the accommodation is a bathroom fitted with a modern suite comprising a panelled bath with shower over, wash hand basin and WC.
Further benefits include electric heating, double glazing and an allocated parking space.
The location Vicarage Court is conveniently positioned on Shrub End Road, to the west of Colchester city centre.
The property offers excellent access to a wide range of everyday amenities including local shops, supermarkets, healthcare facilities and leisure amenities.
Colchester city centre is just a short distance away, providing an extensive selection of restaurants, cafes and retail outlets.
For commuters, the property benefits from convenient access to the A12, whilst Colchester Town and Colchester North railway stations provide regular services to London Liverpool Street.
Nearby parks and open spaces, together with good bus links, make this a practical and well-connected location for a variety of buyers.
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
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FAQ
About Flat 5, Vicarage Court, Shrub End Road, Colchester
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