1-bedroom flat · CO7 0DL
Let agreedReduced £75 (−8.8%) on 10 SepListed 96 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** fully refurbished first floor flat ** This one bedroom flat needs to been seen to be appreciated. The Landlords have tastefully refurbished the property throughout to an excellent standard.
The property features a brand new fitted kitchen with an open plan lounge, double bedroom and a brand new shower-room.
The flat is situated just a minutes walk from the beach and within walking distance to the town centre.
** the commercial space below is available at an additional £400 pcm ** Holding deposit equal to 1 weeks rent Tenancy deposit equal to 5 weeks rent Guarantor may be required Some pets may not be allowed.
Non-smokers only Entrance Hall UPVC partially glazed front door, lvt flooring, centre light, radiator, two storage cupboards, stairs to first floor First Floor Landing Window to rear, lvt flooring, centre light, Utility cupboard Kitchen / Lounge (11' 6'' x 18' 7'' (3.50m x 5.66m)) Three windows to front, lvt flooring, two centre lights, two radiators, range of wall and base units, integrated electric hob and oven with extractor over, stainless steel sink/drainer, space for fridge Utility Cupboard (5' 3'' x 3' 4'' (1.60m x 1.02m)) Connectivity for washing machine, space for freezer Bedroom (10' 3'' x 10' 11'' (3.12m x 3.32m)) Window to rear, lvt flooring, centre light, radiator Shower Room (5' 1'' x 10' 4'' (1.55m x 3.15m)) Lvt flooring, centre light, shower enclosure, low level WC, vanity unit wash basin, heated towel rail Agents Note (26' 4'' x 17' 2'' narrowing to 9' 3" (8.02m x 5.23m narrowing to 2.82m)) The ground floor commercial/shop unit has been Fully Refurbished and is available by separate contract for £400 pcm.
The unit has its own entrance which is road facing, two large windows for display purposes if required, electric heating, centre lights, lvt flooring, independent toilet facilities - please call for full details
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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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 8, Colne Road, Colchester
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