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See how verdicts work4-bedroom bungalow · CO5 8JL
For saleListed 34 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
£850,000 - £875,000 A truly one-of-a-kind detached property, this substantial four-bedroom bungalow occupies a highly desirable position on Mersea Avenue and offers an exceptional level of versatile accommodation arranged over two floors.
Combining the convenience of predominantly ground-floor living with generous additional accommodation on the first floor, this individual home is ideally suited to a wide range of buyers and offers an impressive amount of space for modern family living.
The property is approached via a welcoming entrance hall, leading into a particularly spacious lounge diner which provides an excellent central reception space for both relaxing and entertaining with an additional room currently being used as an office.
The generous proportions allow ample room for distinct sitting and dining areas, creating a comfortable and versatile room for everyday family life and larger gatherings.
In addition, there is a large kitchen diner, providing another excellent social space and offering plenty of room for a dining table alongside a well-equipped kitchen area.
A separate utility room provides useful additional storage and workspace, helping to keep the main living areas practical and uncluttered.
The ground floor provides two well-proportioned bedrooms, one of which benefits from its own ensuite shower room, together with a separate family bathroom and WC.
This arrangement makes the property particularly appealing to those looking for flexible single-storey accommodation, with the ground-floor bedrooms offering ideal options for family members, guests or those who prefer not to use stairs.
EPC Rating: C Disclaimer These particulars are for guidance only and do not form part of any offer or contract.
All measurements, images and floor plans are approximate and for illustrative purposes only. Services, appliances and systems have not been tested and no warranty is given as to their condition.
Buyers and tenants must rely on their own inspections, surveys and legal enquiries to verify all material information that is important to them.
Anti-Money Laundering (aml) Verification Oakheart is required to undertake identity and compliance checks in line with UK Anti-Money Laundering (aml) legislation.
These checks apply to all sellers, purchasers and landlords as part of our sales and lettings procedures.
To facilitate this process, we use Landmark, an independent third-party provider that carries out the necessary verification checks on our behalf. A fee of £24.00 inclusive of VAT per person applies.
All relevant checks must be completed and verification confirmed before we can progress with the associated sale or letting.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 50 Mersea Avenue, Colchester
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