2-bedroom flat · CO2 9GD
Sold STCListed 255 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented two double bedroom ground-floor apartment located within the ever-popular Fortuna Park development, offering excellent access to the Town Centre, Stanway Retail Park, and the A12.
The apartment features a bright and contemporary layout, comprising two generous double bedrooms, a modern family bathroom, and an impressive 19ft open-plan living/dining/kitchen area.
The kitchen is fitted with a range of modern wall and base units, integrated oven and hob, and provides space for essential appliances.
Additional benefits include two sizeable storage cupboards, ideal for practical living. Externally, the property enjoys one allocated parking space along with well-maintained communal gardens.
This apartment would make a fantastic first-time purchase or investment opportunity, and internal viewings are highly recommended.
Mobile Signal 4G great data and voice Open Plan Living, Dining Room & Kitchen 5.99m x 4.19m (19' 8" x 13' 9") Bedroom One 3.81m x 2.51m (12' 6" x 8' 3") Bedroom Two 3.4m x 2.57m (11' 2" x 8' 5") Lease Information The vendor has advised that the lease remaining is 230 years, the ground rent is payable at £137.50 every 6 months and the service charge is £605.3 every 6 months, however we do advise any prospective purchaser checks this information with their legal representative.
Disclaimer These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers.
Neither Knight Residential Limited nor any of its employees or agents has any authority to make or give any representation or warranty in relation to this property.
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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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.
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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 13, Vitoria Mews, Colchester
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