2-bedroom flat · CO2 8HU
For saleReduced £5k (−3.2%) on 14 OctListed 191 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*No Onward Chain* Situated within the popular Albany Gardens development, this well-proportioned two bedroom second floor apartment offers comfortable and modern living accommodation, making it an ideal purchase for first-time buyers, professionals, downsizers, or investors.
The accommodation comprises a welcoming entrance hall leading through to a bright and spacious lounge / diner, providing an excellent space for both relaxation and entertaining.
The kitchen is well arranged with a range of fitted units and work surfaces, offering practicality for everyday living.
The property benefits from two well-proportioned bedrooms, including a principal bedroom with en-suite facilities, providing added convenience and privacy.
The second bedroom is served by a separate family bathroom, fitted with modern sanitary ware. Additionally, there is a boarded loft space, offering valuable extra storage.
Externally, the property benefits from off-street parking, ensuring ease and convenience for residents.
Albany Gardens is conveniently located for access to Colchester city centre, local amenities, and transport links, including mainline railway stations providing direct services to London Liverpool Street.
Offering well-balanced accommodation in a desirable location, this apartment represents an excellent opportunity for buyers seeking a low-maintenance home with modern features.
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 116, Albany Gardens, Essex
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