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See how verdicts work1-bedroom flat · CO2 7FB
No longer listedReduced £10k (−6.3%) on 21 JunListed 250 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Guide Price £160,000 to £170,000 ** A stylish one-bedroom ground-floor apartment ideally located in the sought-after Abbey Fields area.
Within easy reach of Colchester city centre, the city centre station (with connecting trains to London Liverpool Street in under an hour), as well as local bars, restaurants, and open green space.
Perfect as a first home or investment purchase, offered with no onward chain.
The property offers an array of spacious and contemporary accommodation throughout, making the perfect first time purchase or investment for those seeking professional tenants.
Highlights include a spacious entrance hall, a sizeable double bedroom with built in wardrobes, a stunning open plan living/kitchen & dining space and a modern bathroom.
Outside there is allocated parking and as previous mentioned the property lies adjacent to the famous Abbey Fields - A delightful open amenity space. Viewing strongly recommended.
Entrance Hall Radiator, telephone entry point, doors to: Bedroom 12' 9" x 10' 8" (3.89m x 3.25m) Bathroom 12' 9" x 10' 8" (3.89m x 3.25m) Living/Dining/Kitchen Space 24' 4" x 11' 8" (7.42m x 3.56m) Agents Notes & Lease Information We have been informed by the seller that there is 981 years remaining on the lease, with a service charge of approximately £1800 per annum and a ground rent of approximately £150 per annum.
The acting managing agents are Trinity Estates but the ground rent is paid to Gateway Management. We do however advise that all buyers are to clarify this information with their solicitor.
Please note, the property has been ‘virtually’ cleared to provide a better understanding of the space on offer.
Please note, minor details such as electric socket positions and finishes may vary based on the ai clearance technology used.
All finishes and minor details should be confirmed by any interested party by way of viewing and their appointed solicitors property information forms.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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.
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.
Area
Agent & docs
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FAQ
About 2, Whittle House, Colchester
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