4-bedroom house · CO3 9ER
Listing removedListed 81 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a generous corner plot in a highly sought-after location to the west of Colchester, this individually built four-bedroom detached home presents a rare opportunity for buyers looking to modernise and create a superb long-term family residence.
Constructed for the current owners in the early 1950s, the property has been lovingly maintained but would now benefit from updating throughout, while offering excellent potential to extend and remodel (subject to the necessary planning permissions).
The accommodation begins with a welcoming entrance hall, complete with built-in storage and stairs rising to the first floor.
To the left, the spacious kitchen enjoys dual-aspect windows and ample room for dining, with access to the covered lobby leading outside.
To the right, the generous living room provides an abundance of natural light, whilst an additional reception room to the rear offers excellent versatility as a family room, home office, playroom or formal dining room.
Upstairs, a split-level landing leads to four well-proportioned bedrooms, all offering excellent natural light, together with a family shower room.
The layout provides fantastic scope for reconfiguration to suit modern family living.
Externally, the property sits on an enviable wrap-around plot with mature gardens providing a high degree of privacy.
The rear garden features a large patio area ideal for entertaining, with established lawns and planting extending to the side.
A detached single garage, separate utility room and outside WC further enhance the practicality of the home, while the generous plot offers significant potential for extension or further development, subject to the necessary consents.
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About 2, Oaklands Avenue, Colchester
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