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See how verdicts work2-bedroom flat · CO4 6BT
Sold STCReduced £10k (−4.3%) on 26 OctListed 558 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** GUIDE PRICE £230,000 - £240,000 ** NO ONWARD CHAIN ** A beautifully presented two double bedroom first floor apartment with balcony, situated in the highly sought-after Kingswood Heath development to the north of Colchester.
This modern and spacious apartment offers well-proportioned accommodation throughout, comprising an entrance hallway with a useful storage cupboard, a family bathroom, and two generously sized double bedrooms, with the principal bedroom benefiting from its own en suite shower room.
The heart of the home is the open plan lounge/diner which incorporates a sleek, fully fitted kitchen and provides access to a private balcony – perfect for relaxing or entertaining.
Further benefits include an allocated parking space and a garage located beneath the nearby coach house, offering additional convenience and storage.
Offered with no onward chain, this property is ideal for first-time buyers, investors or those looking to downsize. Early viewing is strongly recommended to avoid disappointment.
Ideally located for a range of excellent local amenities, this property is perfect for commuters and families alike.
There is easy access to the A12 and Colchester North Station, with direct services to London Liverpool Street in under an hour.
The General Hospital is within close proximity, as are highly regarded schools including The Gilberd and Trinity.
A selection of local convenience stores, including Co-op and Sainsbury’s, are nearby, and leisure needs are well catered for with the Northern Gateway complex, David Lloyd Gym, the Community Stadium, and the Park & Ride facility offering regular services to the city centre.
Leasehold Information: The property is held on a 999-year lease from 1st August 2021. There is a peppercorn ground rent agreement in place, meaning no ground rent is payable.
The annual service charge is currently £1,085 (2024/25), and there is an estate charge of £408.44 (2024/25), as per the latest statements.
Entrance Hallway Entrance door, storage cupboard, doors leading off Lounge/Diner/Kitchen 4.33m x 8.99m Double glazed windows, door leading out onto the balcony area, wall and base level units, sink and drainer with mixer tap over, oven and hob, extractor fan, worktops, integrated appliances, radiator Utility Area Space for appliances/storage Master Bedroom 3.29m x 4.41m Double glazed window, radiator, door to: En Suite Low level WC, wash hand basin, shower cubicle, radiator Bedroom Two 2.46m x 4.4m Double glazed window, radiator Bathroom Double glazed window, low level WC, wash hand basin, bath with shower over, radiator Balcony Ideal for alfresco dining Outside of Property Garage and allocated parking
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
Agent & docs

FAQ
About Whitmore Drive, Colchester, CO4
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