3-bedroom detached house · CO3 0PJ
Sold STCListed 271 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE £375,000 - £395,000.
Located to the west of Colchester's City Centre and offering convenient access to local shops and facilities, Marks Tey train station and main A12 trunk road, a chance to acquire this extended detached family house which is presented to the market in EXCELLENT CONDITION THROUGHOUT.
An early viewing is recommended to avoid any disappointment. Double glazed entrance door to: ENTRANCE HALL Stairs to first floor, double glazed window to side, Karndean flooring, radiator.
CLOAKROOM WC and wash basin, triple glazed window to front, Karndean flooring.
SITTING ROOM 16'11 x 10'5 widening to 13'8 Triple glazed window to front, gas coal effect fire with hearth and surround, Karndean flooring, TV point, coved cornicing.
FURTHER RECEPTION ROOM 10'8 x 9'1 Double glazed window to side, radiator, under stairs cupboard, double doors to kitchen. STUDY 10'8 x 7'3 Window to side, coved cornicing, radiator.
KITCHEN/DINER 15'6 x 12'4 Fitted kitchen comprising; ceramic sink unit set into quartz work surfacing, base and eye level units, integrated dishwasher, integrated washer/dryer, coved cornicing, low voltage lighting, double glazed window to rear, Karndean flooring.
French doors to garden, radiator, coved cornicing, low voltage lighting, Karndean flooring.
FIRST FLOOR LANDING Window to side, cupboard, loft access, coved cornicing FAMILY BATHROOM Bath with mixer tap, shower, and shower screen, WC, wash basin, vertical radiator, triple glazed window to front, LED lighting, airing cupboard.
BEDROOM ONE 12' x 10'3 Triple glazed window to front, fitted wardrobes, radiator.
BEDROOM TWO 10'5 x 9'1 Triple glazed window to rear, cupboard housing wall mounted boiler (not tested by Elms Price and Co), radiator.
BEDROOM THREE 11' x 7'6 Triple glazed window to rear, radiator, coved cornicing. OUTSIDE A driveway provides off road parking and access to: 16'10 garage with up and over door.
The rear garden is enclosed by wall and panel fencing; patio/seating area, laid lawn. ADDITIONAL INFORMATION Council tax band : D. Local authority : Colchester City Council. Energy rating : C.
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.
Area
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FAQ
About Marram Close, Stanway
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