2-bedroom flat · CO5 7DL
For saleReduced £10k (−4.3%) on 20 JunListed 157 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within the sought-after waterside community of Rowhedge Wharf, this superbly presented second floor apartment at Compass House offers contemporary living moments from the river and the heart of the village.
Positioned along Marina Walk, the property enjoys a picturesque setting with views across the water towards Wivenhoe and immediate access to scenic riverside walks.
The accommodation is thoughtfully arranged around a bright, open plan lounge / kitchen / diner, designed for modern lifestyles and social living.
Glazed doors open directly onto a private balcony, creating an excellent extension of the living area and inviting in natural light.
There are two genuine double bedrooms, with the main bedroom benefitting from its own en-suite shower room, in addition to a well-appointed family bathroom.
A lift services the building, ensuring easy access to the second floor.
Rowhedge village centre is just a short stroll away, offering a selection of independent pubs, a village store, and everyday conveniences, while Colchester city centre and mainline stations are only a short drive, providing direct links to London.
The development is approximately six years old and benefits from the remainder of an NHBC warranty for added peace of mind.
Early viewing is strongly recommended to appreciate the setting, outlook and quality of accommodation on offer.
Lounge / Kitchen / Diner (22' 11" x 12' 8") Balcony (9' 6" x 2' 7") Bedroom One (15' 1" x 9' 2") En-Suite (8' 5" x 4' 11") Bedroom Two (15' 1" x 11' 7") Bathroom (7' 4" x 6' 5")
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.
Area
Agent & docs
FAQ
About Flat 9, Compass House, 1, Marina Walk, Colchester
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