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See how verdicts work2-bedroom flat · CO4 5YT
For saleListed 234 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO ONWARD CHAIN...a chance to acquire this TWO-BEDROOM FIRST FLOOR APARTMENT situated within walking distance of Colchester's mainline railway station (London Liverpool Street approximately one hour).
The property benefits from an en-suite to the main bedroom, reserved parking, GOOD CONDITION THROUGHOUT. Viewing is recommended.
Communal entrance door with security entry phone system to: COMMUNAL ENTRANCE HALL Stairs to first floor, door to: HALLWAY Wall mounted security entry phone, two built-in cupboards.
BEDROOM ONE 13' 9" x 10' 8" (4.19m x 3.25m) Double glazed window to front, electric heater, door to: EN-SUITE SHOWER ROOM Shower cubicle, wash basin and WC.
BEDROOM TWO 12' 10" x 9' 6" (3.91m x 2.9m) Double glazed window to rear, electric heater.
LOUNGE 15' 7" x 12' 10" (4.75m x 3.91m) Double glazed window to rear, double glazed door to Juliet style balcony, electric heater.
KITCHEN 8' 7" x 8' 0" (2.62m x 2.44m) Double glazed window to front, stainless steel sink set into work surface, base and eye level units, electric oven and hob, space for domestic appliances.
BATHROOM Obscure double glazed window, bath, WC and wash basin. OUTSIDE Reserved parking space. ADDITIONAL INFORMATION Council tax band : B. Local authority : Colchester City Council.
Energy rating : C. Our sellers advise us of the following:- Term of lease : approximately 130 years remain. Current ground rent per annum : £200.00 (two hundred pounds).
Current maintenance charge per annum : £1,200.00 (one thousand, two hundred pounds). Leasehold properties : ground rents and service/maintenance charges may fluctuate.
Precise figures and lease duration must be obtained from the sellers legal representative.
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
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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
FAQ
About Woods Court, Propelair Way, Colchester
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