2-bedroom property · CO5 8DA
For saleListed 101 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two double bedroom 40` x 20` lodge, West Facing deck to front door overlooking grass area, located on West Mersea holiday park, private gated location close to the beach, 43-year lease, site fees approx.
£6995 inclusive of VAT, mains gas central heating, 11-month site, clubhouse with owner’s discount.
Features • 43-year lease remaining Kitchen-Diner En-suite Open Plan Lounge Double Bedrooms Fireplace Property additional info Open Plan Kitchen/lounge/diner: 19' 2" x 20' 11" (5.84m x 6.38m) Double opening casement doors to decking, windows to side aspects, feature fireplace, tv point, integral fridge and freezer, washing machine and dishwasher, inset stainless steel sink with mixer tap, fitted oven, built in microwave, gas hob, island breakfast bar.
Hall: Radiator and loft access Bedroom 1: 12' 12" x 9' 3" (3.96m x 2.82m) Window to side aspect, two double fitted heated wardrobes, radiator, TV point, en-suite shower room En-Suite: 7' 3" x 3' 11" (2.21m x 1.19m) Walk in shower, closed coupled WC, pedestal wash basin with mixer tap, obscure window to rear aspect, wall mounted heated towel rail, vanity cabinet.
Bedroom 2: 10' 3" x 9' 9" (3.12m x 2.97m) Window to rear aspect, heated fitted double wardrobe, radiator Bathroom: 6' 7" x 5' 5" (2.01m x 1.65m) Panel bath, pedestal wash basin with mixer tap, close coupled WC, obscure window to the side, wall mounted heated towel rail.
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 5 Woodlands, West Mersea Holiday Park, Seaview Avenue, Colchester
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