1-bedroom flat · CO3 0YS
Listing removedListed 56 daysAuction 30 Sep · ended
Opportunity summary
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About
FOR SALE BY ONLINE AUCTION ON TUESDAY 6th OCTOBER 2026 TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS, PLEASE VISIT OUR WEBSITE Spacious one bedroom apartment in need of refurbishment with parking The accommodation comprises a bright, generous lounge, separate kitchen, well-proportioned double bedroom and bathroom, all offering scope for updating.
Externally communal parking, plus unrestricted on-street parking also available.
Situated in the popular Stanway area of Colchester, Charles Court is conveniently located for Tollgate Retail Park, offering supermarkets, shops, restaurants, cafés and leisure facilities.
Excellent transport links include easy access to the A12 and Marks Tey railway station, providing direct services to London Liverpool Street.
Regular bus services connect the area with Colchester city centre and surrounding villages.
Leasehold Information Lease Length: 99 years from 1988 (61 years unexpired) Service Charge: Please refer to legal pack Service charge review period: Please refer to legal pack Ground Rent: Please refer to legal pack Ground Rent review period: Please refer to legal pack Council Tax Band A Tenure: Leasehold Lease Details: 99 years from 30 September 1988 EPC Rating: D Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £1560 inc VAT payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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 21 Charles Court, Wheatfield Road, Stanway, Colchester, Essex CO3 0YS
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