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See how verdicts work3-bedroom flat · CO3 3NY
Listing removedListed 208 days
Opportunity summary
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About
Located over the top two floors of this prestigious building and accessed via a lift, is a 3 bedroom duplex apartment and garage, set in delightful lightly wooded grounds within walking distance of the city centre.
The apartment is found on the 2nd and 3rd floor of the building and is accessible from the communal hall by stairs or a lift.
The apartment has its own entrance hall with stairs to the upper floor with cloaks cupboard beneath.
A door leads to a hall with the sitting room with a focal electric fireplace and enjoying a dual aspect with French doors to a small balcony.
The kitchen/breakfast room is comprehensively fitted with granite worksurfaces with ample storage cupboards and drawers. A cupboard conceals the gas boiler.
Built in appliances include a dishwasher, washing machine, 2 fridges, with a freestanding 5 ring gas range with electric ovens.
The 2nd bedroom is a double with built in wardrobes, whilst there is a 3rd bedroom or study.
The main bathroom is a wonderfully large room with window offering a bathtub, walk in shower with glass screen, vanity wash basin and toilet.
On the first floor of the apartment accessed from the stairs in the hall is a landing with airing cupboard.
The principle bedroom is a fantastic size with range of built in wardrobes and eaves storage cupboards. A door leads to an en suite with corner shower cubicle, vanity unit wash basin and toilet.
Outside Handford Place stands in grounds with railings and hedging bordering Beverley and Queens Road with lawns and mature trees.
A drive leads round to the rear where there is a courtyard with garages for the apartments with electric doors. Further visitor parking is provided.
Location Queens Road is approximately half a mile from crouch street shops on the edge of the city centre providing specialist shops from Tesco to Guntons as well as restaurants and bars and entertainment venues from cinemas to theatres.
Directions Postcode CO3 3NY, the apartment is accessed from the rear and is in the left-hand block.
Important Information Services – We understand that mains electricity, gas, water and drainage are connected to the building.
Council Tax Band – F EPC rating – C Tenure – Leasehold Lease length - Original lease issued in 2005 on a 199 year lease.
Remaining lease length - 181 years Service charge - £3,300 per annum Ground rent - £325 per annum Ref - jdp
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 6, Handford Place, Colchester
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