2-bedroom bungalow · CO3 0YD
For saleReduced £10k (−3.1%) on 4 OctListed 201 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no onward chain is this two bedroom detached bungalow in a delightful location overlooking Grimes Dyke with ample parking, detached garage on a good size plot.
A double glazed entrance door leads to an entrance hall with a double glazed picture window to the front, access to the loft space and storage cupboard.
The lounge is located to the rear and has a double glazed window and sliding double glazed doors which lead to the conservatory which is timber framed and has a door leading to a covered patio area and garden.
The kitchen is located to the front and has a range of units and work surfaces, stainless steel sink with mixer taps, cooker space and gas cooker point, double glazed window to the front and door leading to a covered side passage.
Bedroom one is located to the rear and bedroom two is located to the front.
The bathroom has been adapted for disabled facilities with step through bath and shower attachment, wash hand basin with mixer taps, WC and a double glazed window to the front.
Outside The property benefits from a good size plot with a mature garden to the rear which is mainly laid to lawn with patio areas and flower and shrub borders, all enclosed by hedging.
There is a timber garden shed. To the front is ample off road parking via a shingle driveway giving access to the garage with up and over door which houses the gas central heating boiler.
Location The property is situated at the end of a cul-de-sac on this popular modern development in Stanway and overlooks Grimes Dyke to the front.
There are good shopping facilities nearby and Tollgate Park and Stane Park shopping districts are also close by. The A12 can be accessed London bound for the M25.
The property is within each reach of Stanway Secondary School and popular primary schools.
Directions SatNav - postcode CO3 0yd Important Information Council Tax Band – D Services - We understand that mains water, gas, drainage and electricity are connected to the property.
Tenure - Freehold EPC rating – tbc Our ref - COL260199
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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 73, Barley Way, Colchester
Explore nearby