2-bedroom terraced house · CO4 9RU
Sold STCReduced £10k (−4%) on 8 SepListed 107 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Derwent Road, Highwoods. £260,000.
An excellent two-bedroom end-terrace home, situated in a peaceful neighbourhood just moments from Highwoods Square, home to a Tesco Extra supermarket, doctors' surgery, post office and a range of further amenities.
Presented in neutral decorative order throughout, this property is an ideal first-time purchase for an individual, couple or small family.
Internally, the property opens into a welcoming living room, leading through to a well-equipped kitchen/dining room with direct access to the rear garden.
The first floor comprises two generous bedrooms, served by a modern family bathroom.
Externally, the property benefits from a low-maintenance rear garden, beginning with a patio area ideal for outdoor furniture, while the remainder is laid to lawn and enclosed by panel fencing, providing a private space to relax and entertain.
The property also benefits from off road parking for two cars. Offered with no onward chain, viewings are welcomed and can be arranged via one of our consultants. Appointment required.
Living Room 14' 2" x 10' 3" (4.32m x 3.12m) Kitchen 13' 4" x 8' 3" (4.06m x 2.51m) Bedroom One 13' 5" x 11' 0" (4.09m x 3.35m) Bedroom Two 10' 1" x 7' 4" (3.07m x 2.24m) Bathroom 6' 4" x 5' 10" (1.93m x 1.78m) Additional Information Please note some of the current occupiers personal belongings have been removed in the images throughout the editing process, to provide a better sense of space for prospective purchasers.
Final room presentation may vary to the images provided.
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 104, Derwent Road, Colchester
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