2-bedroom terraced house · CO2 8BW
To rentListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Palmer & Partners are pleased to offer for let this two bedroom end of terrace house, situated in the popular area of Old Heath to the south of Colchester, with local school and shops nearby, bus services with frequent links into Colchester's city centre which has a wider range of shopping and leisure facilities, Mercury theatre and access to Colchester Castle park.
Internally the well-presented accommodation comprises large reception room with log burner, separate dining area and kitchen on the ground floor, whilst on the first floor are two bedrooms and family bathroom.
The property is further enhanced by having a generous size rear garden and parking is 'on road' to the front. This property is offered unfurnished and is available Mid-December!
Double Glazed Entrance Door To Lounge (3.78m x 3.48m) With log burner and window to front. Dining Room (3.48m x 2.87m) Window and radiator.
Kitchen (2.31m x 2.01m) Work-surfaces with cupboards under, wall mounted cupboards above, inset sink and drainer, space and plumbing for appliances, window and door to garden.
First Floor Landing With doors off to; Bedroom One (3.68m x 3.51m) Window and radiator. Bedroom Two (3.51m x 2.82m) Window and radiator.
Family Bathroom Panel enclosed bath, wash hand basin, low level WC, radiator and window. Outside The generous size rear garden has a mixture of hardstanding and lawned area.
There is also access to the side leading you through to the front of the property. The parking is 'on road' to the front.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Old Heath Road, Essex
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