2-bedroom flat · CO2 8LE
For saleListed today
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Palmer & Partners are delighted to offer for sale, with no onward chain and vacant possession, this modern two-bedroom ground-floor apartment, ideally situated within easy reach of the University of Essex.
The property enjoys a convenient location, with a variety of shops and restaurants on the doorstep, whilst Colchester's historic city centre is just a short distance away, offering an excellent range of shopping, dining and leisure facilities.
The A12 is also easily accessible, and Colchester North Station provides direct mainline rail services to London in under an hour.
Internally, the accommodation comprises a modern fitted kitchen, a spacious lounge with access to a balcony, two well-proportioned double bedrooms, with the principal bedroom benefiting from its own private balcony, and a family bathroom.
Further benefits include double glazing throughout and an allocated undercover parking space.
Palmer & Partners highly recommend an early internal viewing to fully appreciate the accommodation and location on offer and to avoid disappointment.
Entrance Hall Lounge/Kitchen Bedroom One Bedroom Two Bathroom Agents Note We have been advised the following, from the current owner, regarding the lease:- Lease length: 106 years Ground rent: £300.00 per annum Maintenance charge: £1,200.00 per annum
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 Hawkins Road, Colchester, Essex, CO2
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