1-bedroom flat · CO4 0XB
For saleListed 242 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
COMMUNAL ENTRANCE DOOR:- Communal lift gives access to all floors, communal lounge and kitchen area, communal lift leading to top floor:- ENTRANCE DOOR:- Leading to:- ENTRANCE HALL:- Storage cupboard, access to loft space, storage heater, coved ceiling, doors leading to:- LIVING ROOM 12'6 X 10'6:- Double glazed window to front, storage heater, wall mounted heater, coved ceiling, open arch leading to KITCHEN 9'4 X 7'5:- Double glazed window to front, inset one and half bowl sink unit, incorporating worktop surface with cupboards and drawers under, fitted range of wall mounted units, tiled splashback, fitted oven & hob with extractor fan, fridge, freezer, coved ceiling BEDROOM 11'1 x 8'10:- Double glazed window to front, wall mounted heater, coved ceiling SHOWER ROOM:- Walk in shower cubicle, low-level WC, vanity hand wash basin with cupboard under, tiled walls, storage cupboard, coved ceiling AGENTS NOTE:- This property is restricted to residents of minimum age 55 years.
All potential buyers should make their own enquiries to ascertain further information.
Consumer Protection from Unfair Trading Regulations 2008 and the Business Protection from Misleading Market Regulations 2008: WitLet Limited t/a WitSell has made every attempt to ensure that clients are treated appropriately providing accurate detail information within the law.
We advise as agents that any potential client must verify to the working order of any apparatus, fixture and fitting or service amenities to be verified to be in full working order, also to check with your legal representation that there is no additional charges that are payable within the purchase of this property.
Any intending purchaser must satisfy him/herself as to the correctness of such statements within these particulars. All negotiations to be conducted through WitSell.
No enquiries have been made with the local authorities pertaining to planning permission or building regulations. Any buyer should seek verification from their legal representative/surveyor.
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
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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 Orchard Gardens, Colchester,
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