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See how verdicts work3-bedroom house · CO2 8LN
For saleReduced £10k (−3.3%) on 17 OctListed 104 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a pleasant position within easy reach of local schooling and amenities, a superbly presented three bedroom semi detached house with lovely rear garden extending to around 50ft. In depth.
Entrance door to entrance hall with stair flight to the first floor having storage cupboard under and there is a cloakroom with low level WC and wash basin.
The good size rear facing lounge/diner is a light and airy room with floor to ceiling windows overlooking the garden, the sofa is to remain.
The kitchen has fitted worksurfaces with inset sink, cupboards and drawers under, four ring gas hob with oven under and cooker hood over, fitted wall units and wall mounted gas boiler, there is a small breakfast bar and the washing machine, tumble dryer, fridge and freezer will remain.
There is a useful utility room having worksurface with space for appliances under, fitted wall units and door to the outside.
On the first floor bedroom one is an excellent size double bedroom with wardrobes, dressing table and double bed to remain.
Bedroom two has a mid sleeper bed with storage under, and bedroom three can provide an excellent working from home room if required.
The family bathroom has a panelled bath, wash basin and oval wash basin with storage cupboards under and low level WC.
Outside To the front of the property the garden is mainly laid to lawn, retained by low brick walling with pathway leading to the front door.
To the rear of the property there is a lovely garden extending to around 50ft. In depth with patio area, pergola and lawned garden.
There is a useful storage shed and an additional utility/tool store, shared side access via gate to front.
Location The property occupies a pleasant position within easy reach of local amenities and schooling and facilities.
Colchester city centre is within comfortable driving distance with its excellent range of shopping and recreational facilities. Directions Please use postcode CO2 8LN for Satnav.
Important Information Council Tax Band - B Services - We understand that mains water, drainage, gas and electricity are connected to the property.
Tenure - Freehold EPC rating - C Our ref - TOL260246/gb
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
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FAQ
About 206, Monkwick Avenue, Essex
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