2-bedroom flat · CO4 3QT
For saleReduced £5k (−2.8%) on 16 OctListed 35 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-maintained first-floor maisonette enjoys a convenient and well-connected location, situated within walking distance of the University of Essex.
Colchester city centre is also within easy reach, providing an excellent range of shops, restaurants, cafés and cultural attractions.
The property further benefits from excellent public transport links and easy access to a range of local amenities, including schools and healthcare facilities.
The accommodation comprises an entrance hall with stairs leading to the first floor, where you will find a spacious living room, fitted kitchen, two bedrooms and a bathroom.
Externally, the property benefits from a private and fully enclosed rear garden, designed with ease of maintenance in mind.
The garden features a low-maintenance artificial lawn, which remains attractive throughout the year, together with a raised decking area, providing the perfect space for outdoor dining or relaxing.
There is also a useful storage shed and secure gated rear access leading directly to the parking area, providing both convenience and privacy.
Palmer & Partners strongly advise an early internal viewing to fully appreciate the accommodation, location and outdoor space on offer and to avoid disappointment.
Entrance Hall Living Room (4.85m x 4.37m) Kitchen (3.84m x 2.67m) Bathroom (2.41m x 1.93m) Bedroom One (3.76m x 3.58m) Bedroom Two (3.53m x 2.8m)
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 advisors 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
FAQ
About 25, Geranium Walk, Essex
Explore nearby