3-bedroom semi-detached house · CO2 7EW
For saleReduced £10k (−4.8%) on 10 OctListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***guide price £210,000 - £230,000*** *open day – Saturday 3rd October | Please call us to arrange your viewing appointment* Offered for sale with no onward chain, this three-bedroom semi-detached house is situated within easy reach of Colchester's historic city centre.
The property requires renovation throughout and offers an opportunity for buyers to make it their own.
A range of shops, bars, restaurants and public transport links are nearby, including Colchester Town railway station.
The accommodation comprises an entrance hall, lounge, separate dining room with a cupboard beneath the stairs, kitchen, ground-floor bathroom and conservatory.
On the first floor, there are three bedrooms and a first-floor WC. Externally, the property benefits from a private, enclosed rear garden, with a generous storage room situated to the rear.
There is also on-street permit parking to the front. Palmer & Partners would advise an early internal viewing to avoid disappointment.
Entrance Hall Lounge (3.15m x 3.4m) Dining Room (3.43m x 3.45m) Kitchen (2.41m x 2.82m) Conservatory (1.83m x 2.36m) Bathroom (2.46m x 1.55m) Landing (1.5m x 3.5m) Main Bedroom (4.24m x 3.43m) Bedroom Two (2.7m x 3.45m) Bedroom Three (2.5m x 2.9m) Storage Room (2.5m x 4.93m)
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
FAQ
About 28, Fairfax Road, Essex
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