2-bedroom flat · CO2 7UA
No longer listedListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Martin & Co are pleased to present this spacious, modern, unfurnished, 1st Floor floor, 2 double bedroom apartment with undercover car park space located in the popular "Abbey Field" development.
Available Early December 2026!
Martin & Co are pleased to present this spacious, modern, unfurnished, 1st floor, 2 double bedroom apartment with undercover car park space located in the popular "Abbey Field" development.
Hallway A wide entrance hallway with tiled flooring and two large built in storage cupboards.
Lounge/diner A spacious open plan lounge/diner with fitted carpets, dual aspect double glazed windows and two gas fired radiators.
Kitchen A modern spec, fully integrated kitchen with tiler flooring and fitted spotlights.
The kitchen comes with a double electric oven, gas hob, extractor, built in 50/50 fridge freezer, washing machine, dishwasher and plenty of cupboard/surface space.
Primary bedroom This spacious master double bedroom with fitted carpets, built in mirrored, sliding door wardrobes, double glazed window and gas fired radiators.
Ensuite A ensuite shower room with tiled flooring and fitted spotlights. The ensuite comes a double shower cubicle, a wash basin, toilet and gas fired radiator.
Second bedroom A large second double bedroom with fitted carpets, a built in mirrored wardrobe, a gas fired radiator and a double glazed window.
Bathroom A neutral theme family bathroom with tiled flooring a fitted spotlights. The bathroom comes with a wash basin, toilet, bath with over the bath shower attachment and a gas fired radiator.
The property also benefits with an undercover allocated parking space and is within walking distance to the local supermarket. Available Early December 2026!
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
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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 3, Siric House, Colchester
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