4 × 2-bed flat · CO3 3RA
For saleListed 35 days
Opportunity summary
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About
Wonderfully positioned 2-bedroom ground floor apartment within the grounds of Lexden Grange and set back from Lexden Road to the west of Colchester’s city centre.
Located on the ground floor and projecting into the grounds of Lexden Grange at the northern side of the building creates a ‘cool’ apartment with pleasant views away from the Lexden Road.
Beech tree lodge has a communal entrance hall which leads to No. 3. An entrance door opens into a hall with utility cupboard with shelving for bedding and space and plumbing for a washing machine.
At the end of the hall is the sitting room and kitchen, a well-proportioned room with box window overlooking Lexden Grange whilst at the side of the room with tiled flooring is the kitchen, which comprises of worksurfaces with cupboards and drawers beneath and a stainless-steel sink and drainer.
A tall cupboard conceals the gas fired boiler, whilst built in appliances include a 5-ring gas hob with extractor hood above and oven beneath, integral fridge and freezer and dishwasher.
The kitchen has 3 windows overlooking the front gardens.
Also off the hall are two double bedrooms both with views over the front communal gardens and a bathroom with panelled bath, pedestal wash basin, toilet with tiled flooring and part tiled walls.
There is also a heated towel rail.
Outside The entrance to Lexden Grange is set well back from Lexden road and has a sweeping driveway leading to parking bays for which we understand, one is allocated to the property with further visitors parking on site.
There are communal bin and bike stores. The grounds are predominantly lawns with a variety of mature trees with walkways creating a delightful environment.
Location Lexden Road is renowned for its grand properties and Lexden Grange was initially built as a single residence in 1905 and eventually became a private school and finally planning offices for the Colchester area.
Enterprise Heritage carried out conversion and extension of the building and within the grounds, built Beech tree lodge, 2 x one bedroom and 4 x two bedroom apartments, 3 on each floor.
Approximately a mile away is the start of the city centre with Crouch Street with boutique shops, restaurants and bars, Guntons delicatessen and a Tesco express.
The city centre also offers the main shopping hub, historic city centre buildings, park and railway station. Like most towns and small cities, there are numerous out of town retail parks and eateries.
Colchester is well positioned with proximity to the Essex coast within 15/20 miles and the railway and A12 provide access into London in under an hour.
Directions Please use postcode CO3 3RA for Satnav. Important Information Services – mains water, electricity, gas and drainage are connected to the building.
Council Tax band – D EPC rating – C Tenure – Leasehold with share of freehold. No Ground rent charges with an annual service charge of circa £1900. Lease of 999 years issued in 2007 from new.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Flat 3, Beech Tree Lodge,, Lexden Road, Essex
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