2-bedroom flat · CO2 7QG
Listing removedReduced £25 (−2.1%) on 9 JulListed 226 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautiful two bedroom apartment located on a popular development in South Colchester, set within walking distance of the glorious Abbey Fields.
Ideally located just a short distance from the Town Centre and local train station, is this the new home you're looking for?
Presented in immaculate condition, the property has been renovated to an exceptional standard, including light grey wood effect flooring throughout, distinctive radiators and classic white blinds fitted.
Accommodation consists of a good size living room with space for a dining area, leading to a luxury fitted kitchen with a selection of integrated appliances.
There are two double bedrooms and a stylish fitted bathroom with bath and shower facilities. Externally, there is off road parking for one car.
Offered unfurnished and available in January, call today to book your viewing!!
This property is available with a Deposit Free option which means that instead of paying a traditional five weeks security deposit, you pay a fee of one weeks rent + VAT (subject to a minimum of £120 + VAT) to become a member of a deposit free renting scheme which significantly reduces the up-front costs.
This fee is non-refundable and is not a deposit so cannot be used towards covering the cost of any future damage.
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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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
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FAQ
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