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See how verdicts work3-bedroom bungalow · CO4 5AD
Listing removedListed 296 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***guide price £300,000 - £350,000*** Palmer & Partners are pleased to offer for sale this two/three-bedroom detached bungalow, with the potential to develop and extend the existing dwelling or the potential to build a new dwelling on the existing plot, subject to planning.
Situated a short distance from Colchester North Station, providing direct links to London Liverpool Street. The property also offers convenient access to local shops, schools, and other amenities.
The accommodation comprises a porch, entrance hall, three well-sized bedrooms, a spacious lounge with doors leading to the garden, kitchen, and an inner hallway connecting to the ground-floor bathroom.
Outside, the property benefits from a generous rear garden, mainly laid to lawn with established borders and a garden room. To the front, there is off-road parking via a driveway.
Palmer & Partners strongly advise an early internal viewing to avoid disappointment.
Porch Hallway Bedroom One (3.05m x 4.32m) Bedroom Two (3.7m x 3m) Bedroom Three (3.68m x 3.05m) Lounge (5.84m x 3.12m) Kitchen (3.86m x 2.4m) Hallway (2.34m x 1.42m) Bathroom (2.34m x 3.23m) Storage Room (2.4m x 1.65m) Garden Room (2.26m x 4.14m)
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 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
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FAQ
About 7, Three Crowns Road, Essex
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