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See how verdicts work1-bedroom flat · CO2 8YP
For saleListed 181 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** guide price £140,000 to £160,000 *** no onward chain - This attractive first-floor one-bedroom apartment offers an excellent opportunity for first-time buyers, professional couples, investors, or those seeking convenient university accommodation, all within a highly desirable location.
The property benefits from a private balcony, allocated parking and secure entry, ensuring both comfort and peace of mind.
Overview *** guide price £140,000 to £160,000 *** No onward chain This attractive first-floor one-bedroom apartment offers an excellent opportunity for first-time buyers, professional couples, investors, or those seeking convenient university accommodation, all within a highly desirable location.
The property benefits from a private balcony, allocated parking and secure entry, ensuring both comfort and peace of mind.
The home Upon entering, you are welcomed by a hallway leading into a bright and spacious open-plan living and dining area.
This appealing space is flooded with natural light through large sliding doors, which provide direct access to the balcony and enhance the sense of openness.
The contemporary open-plan kitchen is fitted with modern wall and base units, integrated appliances, and enjoys ample natural light.
The stylish bathroom continues the modern theme, featuring full tiling, a rainfall shower, sleek fittings, and the added luxury of a heated towel rail.
A generously sized master bedroom completes the accommodation, offering a comfortable and practical living space the location The location is a key highlight, with excellent public transport links, the train station, and the city centre all within easy walking distance.
Residents will also benefit from nearby supermarkets, local amenities, walking and cycling routes, and close proximity to the university campus.
Altogether, this superb setting supports a vibrant lifestyle for work, study, and leisure alike.
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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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 15, Sail House, Colchester
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