3-bedroom house · CO2 8NB
Sold STCListed 153 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price: £280,000 - £290,000 Situated on Monkwick Avenue in the CO2 area of Colchester, this well-presented three-bedroom mid-terraced home is offered with no onwards chain and provides spacious and practical accommodation throughout, making it an ideal purchase for families, first-time buyers or investors alike.
Conveniently located close to local amenities, schooling and transport links, the property provides comfortable living in a well-connected residential area.
Stepping inside, the property welcomes you via an entrance hallway with stairs rising to the first floor.
The bright and spacious living room offers an excellent setting for both relaxing and entertaining, while to the rear, the generously sized kitchen provides ample storage and worktop space, with direct access to the garden.
To the first floor, the landing leads to three bedrooms, two being double in size and a further single, alongside a family bathroom fitted with a modern suite.
Externally, the property benefits from a rear garden which is mainly laid to lawn, offering plenty of space for outdoor enjoyment, family activities or entertaining.
To the front, the home features a driveway providing off-road parking, in addition to a front garden enhancing the property’s kerb appeal.
EPC Rating: C Agents Note: The property previously experienced subsidence to the rear right of the property, which has been caused due to an escape of water.
The relevant works have been undertaken with no further monitoring advised. A Certificate of Structural Adequacy is available upon request.
Disclaimer These particulars are for guidance only and do not form part of any offer or contract. All measurements, images and floor plans are approximate and for illustrative purposes only.
Services, appliances and systems have not been tested and no warranty is given as to their condition.
Buyers and tenants must rely on their own inspections, surveys and legal enquiries to verify all material information that is important to them.
Anti-Money Laundering (AML) Verification Oakheart is required to undertake identity and compliance checks in line with UK Anti-Money Laundering (AML) legislation.
These checks apply to all sellers, purchasers and landlords as part of our sales and lettings procedures.
To facilitate this process, we use Landmark, an independent third-party provider that carries out the necessary verification checks on our behalf. A fee of £24.00 inclusive of VAT per person applies.
All relevant checks must be completed and verification confirmed before we can progress with the...
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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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 advisers 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
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FAQ
About Monkwick Avenue, Colchester, CO2
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